Phoenix and MG Acquire $53 Million Orange County Apartments

February 9, 2011 by


Crystal View

Phoenix Realty Group (PRG) and MG Properties Group (MGPG) have joined forces to secure a $53 million apartment community in Orange County. The community, Crystal View, offers affordable housing to workers, many of whom are employed at nearby theme parks, such as Disneyland, and medical establishments, such as the University of California Irvine Medical Center.

Mountain and Davidson Acquire Fairbanks Country Villas

February 1, 2011 by


Mountain Real Estate Capital (MREC) and Davidson Communities, LLC have acquired the Fairbanks Country Villas in San Diego. According the the news, the Torry Highlands submarket offers great opportunities for investment and this deal promises a path to profitability not too many sub-markets can offer these days. Some experts think markets within markets may be the best areas to focus upon until the bubble gets re-inflated.

Lessons In Developing: Presumption Is A Business Killer

January 10, 2011 by


A recent court case in Jacksonville further amplifies why the prospective home buyer is literally begged to do their homework by experts. When real estate developers like Stephen Starke are prone to make multi-million dollar mistakes, so too the single home buyer can foul up big time. A simple phone call is all that is necessary sometimes to prevent losing thousands, even hundreds of thousands of dollars. An ounce of prevention is worth a pound of real estate cure.

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