MG Properties acquires Verona Apartments in Henderson, NV

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Vegas’ desirable Henderson The Submarket is one of the fastest growing cities in the country due to its job growth, award-winning planned communities, strong school system, and amenities. Relative affordability of Vegas compared to coastal metros, has led to the expansion of top employers, and the location of Verona Apartments enjoys excellent accessibility to several major thoroughfares that connect residents to major metro employment hubs.

Vegas continues to be one of the main beneficiaries of the economic recovery, with strong population and employment growth,” said Jeff Gleiberman, managing director of MG Properties. “We are pleased to add Verona to our regional portfolio and remain optimistic about the future prospects of the Vegas market.”

MG Properties has acquired 11 communities in 2022 so far, totaling over 2,800 units exceeding $990 million in combined value. The company is targeting new acquisitions in Washington, Texas, Oregon, Arizona, California, Coloradoand Nevada.

The seller was represented by taylor sims of Cushman and Wakefield. Funding was provided by Brooks Benjamin and Corina Lam of Key Bank Real Estate Capital.

For more information visit: www.liveveronaapartments.com

ABOUT MG PROPERTIES

MG Properties is a fully integrated private real estate company specializing in the investment, redevelopment and management of multi-family assets. Based at San Diego, CaliforniaMG was founded in 1992 by Marc Gleiberman with a mission to enrich communities. MG’s current portfolio includes over 28,000 rental units in California, Washington, Arizona, Nevada, Coloradoand Oregon, including 89 municipalities. For more information visit www.mgproperties.com

Properties of the MG SOURCE

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