Category Archives: Press Releases

MPG Hosts Private Tour of Aroya Apartments in Dallas Texas

We had a fantastic turn out for our open house on Sep 18. MPG principals JC Castillo, Edith Bohorquez and Michael Cagle hosted over 40 members of the local multifamily investment community with a private tour of our recently repositioned Aroya Apartments in Dallas, Texas. These projects are not just about the bottom line. They’re…

Aroya Apartments Post Renovation Drone Video

Dallas, TX – Feb 11, 2019 – Multifamily Property Group (MPG) recently completed a $MM reposition of Aroya Apartments (formerly Smith Creek), a 192-unit Class B property in Dallas, Texas comprising 185,000 livable square feet on 9.7 acres. Check out this drone video of the post-renovated property. The community has a very favorable unit mix…

Drone tour of West Wind Apartments in Irving Texas

Check out this drone tour of West Wind Apartments, a 160 unit class B apartment complex in Irving, Texas. MPG successfully executed on a property renovation strategy including an exterior facelift, leasing office & amenity upgrades, a new soccer field, and an interior unit upgrade package. Acquired in March of 2017, West Wind was the…

MPG completes purchase of Smith Creek Apartments – 192 Units in Dallas, TX

Dallas, TX – Feb 11, 2019 – Multifamily Property Group (MPG) announces the acquisition of Smith Creek Apartments, a 192-unit Class B property comprising 185,000 livable square feet on 9.7 acres. The community has a very favorable unit mix with 75% of the complex being 2BR and 3BR layouts. Located just off Loop 12 in…

MPG Completes Sale of Bay Island Apartments – 120 units in Garland, Texas

Garland, TX – October 12, 2018 –Silicon Valley-based real estate investment firm Multifamily Property Group (MPG) is pleased to announce the sale of Bay Island Apartments to a local Dallas-based investment firm. The 120-unit apartment community is located just outside of Dallas, in the highly desirable northeast submarket of Garland, Texas. Acquired in March 2016,…

MPG Refinances West Wind Apartments – 160 Units in Irving, Texas

Multifamily Property Group (MPG), a Silicon Valley based private equity real estate investment company, recently closed a 12-year Fannie Mae loan with Dougherty Mortgage for the refinance of West Wind Apartments, a 160 unit Class B apartment complex in Irving, Texas. Acquired in March of 2017, West Wind was the firm’s 12th multifamily purchase in…