Commercial Real Estate Direct Staff Report MG Properties has paid $309 million, or $1.1 million/unit, for the 280-unit Park 12 Apartments in San Diego. The San Diego investment manager purchased the property from Greystar of Charleston, S.C., which was represented by Eastdil Secured, which also arranged a $168 million Fannie Mae loan to facilitate the […]

The post MG Properties Pays $309Mln for San Diego Apartments; Gets $168Mln Fannie Loan appeared first on Commercial Real Estate Direct.