MG Properties Group Buys California Apartments for $156M
This transaction marks the fourth largest multifamily sale in Inland Empire history.
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This transaction marks the fourth largest multifamily sale in Inland Empire history.
From left: Jerry Speyer, Rob Speyer, Bill Rudin, Peter Malkin and Anthony Malkin Seymour Durst and his brothers built six Manhattan buildings in a 12-year run. Paul and Seymour Milstein built 10 in about the same amount of time. And Lew and Jack Rudin built 11 in two decades. The breakneck pace of development — which was largely clustered in the 1960s and the 1980s — by those three families, and a slew of others, laid the foundation for many of New York City’s most established real estate dynasties. (Think Tishman, Fisher, Malkin, Resnick, LeFrak, Rose, and Zeckendorf.) Indeed, after pa...