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MG Properties Completes Acquisition of 324-Unit | MultifamilyBiz.com

Published: December 5, 2023

TEMPE, AZ - MG Properties, a leading real estate investment and management firm, announced its $100.25 million acquisition of NOVO Broadway Apartments (formerly known as Parc Broadway), a residential community located in Tempe, Arizona recently completed by Evergreen Devco, Inc.. Key features of NOVO Broadway Apartments include its prime location in Tempe, offering residents easy access to growing employment centers anchored by large technology, manufacturing, and health care companies. The...

Source: multifamilybiz.com

Parc Broadway in Tempe sells for $100 million

Published: November 27, 2023

Institutional Property Advisors (IPA) announced the sale of Parc Broadway, a 324-unit multifamily property in Tempe, Arizona.

Source: azbigmedia.com

MG Properties Pays $100M for Phoenix-Area Asset

Published: November 20, 2023

MG Properties has acquired NOVO Broadway, a 324-unit multifamily community in Tempe, Ariz., from Evergreen Devco Inc.

Source: multihousingnews.com

MG Properties Acquires NOVO Broadway Apartments in Tempe for $100.25M

Published: November 17, 2023

/PRNewswire/ -- MG Properties, a leading real estate investment and management firm, announced today its $100.25M acquisition of NOVO Broadway Apartments...

Source: prnewswire.com

Evergreen Devco breaks ground on 1st industrial project in Arizona

Published: September 11, 2023

Evergreen Devco, Inc. announced the groundbreaking of its first-ever industrial development in Arizona. Here's a look.

Source: azbigmedia.com