MG Properties completed the acquisition of Eleanor Apartments for $193m.

MG Properties, a fully integrated real estate company, completed the acquisition of Eleanor Apartments, a 333-unit community, from SummerHill Apartment Communities, The Resmark Companies, and Kennedy Wilson for $193m. "We are pleased to be further growing our long-term presence in the Bay Area, a market that has strong potential for recovery after the impacts of the Covid crisis," Jeff Gleiberman, MG Properties President.