MG Properties Acquires Dylan Point Loma Apartments in San Diego
MG Properties, a San Diego–based multifamily real estate investment firm, has acquired Dylan Point Loma Apartments, a multifamily community located in the Point Loma neighborhood of San Diego.
Dylan Point Loma sits within one of San Diego’s coastal submarkets and provides residents with proximity to major employment centers, beaches, dining, and entertainment. The community offers oversized floorplans averaging 1,134 square feet and includes garages for each unit.
“This acquisition represents a compelling opportunity to expand our footprint in San Diego, a submarket where our business first started,” said Jeff Gleiberman, President of MG Properties. “Dylan Point Loma is well positioned to benefit from the area’s strong fundamentals, and we look forward to enhancing the community while continuing to deliver an exceptional living experience for residents.”
MG Properties plans to implement targeted capital improvements and operational enhancements intended to elevate the property while preserving its neighborhood character. The company describes the transaction as aligned with its long-term strategy of investing in high-quality apartment communities across West Coast markets.
MG Properties is a privately owned, fully integrated real estate company specializing in investment, redevelopment, and management of multifamily assets. Its current portfolio includes more than 32,000 rental homes across California, Washington, Arizona, Nevada, Colorado, Texas, and Oregon, spanning 115 communities.
Multifamily operators commonly pursue capital and operational strategies after acquisitions to improve asset performance and resident experience. In markets like Point Loma, features such as larger unit footprints and private garages can factor into repositioning plans and leasing strategy.
As an industry platform focused on multifamily innovation, technology, leadership, and investment, Multifamily Leadership will continue to monitor transactions that reflect ongoing capital deployment and operational evolution within coastal and gateway markets. We will look to highlight how owners and operators translate acquisitions into measurable improvements for residents and communities.