 |
| Rob Singh |
San Diego, CA, May
14, 2014 – MG Properties Group, a private, San Diego-based real estate investor
and operator, has hired Rob Singh as Managing Director and Chief
Investment Officer.
Singh will be responsible for overseeing the company’s
investment activities and capital relationships, according to Mark
Gleiberman, MG Properties Group Founder and President.
“Rob’s experience
and reputation will be highly beneficial to our fast-paced growth,” Gleiberman
notes. “Since December 2010, MG
Properties Group has completed twenty apartment acquisitions totaling 5,200
units at a value of more than $630 million.”
“While that has been
strong growth, our firm now anticipates closing an additional $250 million in
acquisitions within just the next 12 months alone. Based on this rapid increase in our acquisition activity level, Rob’s
leadership will be a key to our continuing success,” he adds.
Singh has more than
26 years of real estate investment experience representing $4 billion in
transactions.
 |
| Mark Gleiberman |
In his previous
position as Senior Vice President at ConAm, Singh was the head of the
Investments Group which during his 18 year tenure, acquired over 16,000
multifamily units throughout the US.
Prior to ConAm,
Singh was with Citicorp and the Boston Company investing institutional capital
in joint ventures and direct real estate investments. He is a graduate of University of California, Irvine with a
degree in Economics and Business Management.
MG Properties Group (www.mgproperties.com) is a real estate
owner and operator specializing in multifamily assets in the western U.S.
markets.
Over the last 20 years, MG Properties Group has acquired over 84
communities totaling over 15,000 units, representing more than $1.4 billion in
total asset value.
The company’s current portfolio includes more than 10,000
units in California, Washington, Arizona and Nevada. MG Properties Group
employs over 300 professionals with in-house expertise in acquisitions and
underwriting as well as asset, property, construction and investment
management.
For a complete copy of the company’s news release, please
contact:
Jenn Quader or Lexi Astfalk
(949) 955-7940
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