Category Archives: Commercial Real Estate

Santa Rosa Apartments in Wildomar Sells to MG Properties Group for $74.5M

MG Properties Group San DiegoMG Properties Group, a private San Diego-based real estate investor and operator, recently announced the acquisition of the Santa Rosa Apartments in Wildomar, California.

Built in 2008, Santa Rosa offers 320 luxury apartment homes in a desirable low density two-story walk-up design. Santa Rosa is adjacent to the Inland Valley Medical Center, Kaiser Permanente, and Southern California Edison’s regional service center, and is close to shopping, Interstates 15 and 215, and a future 80-acre community college campus. The property offers an optimal mix of large one-, two- and three-bedroom floorplans that average approximately 1,000 square feet of living space and feature a garage for each apartment home.¬† MG Properties Group plans to perform modest interior renovations and to refresh the property’s common areas.¬† Continue Reading