LAS VEGAS, NV – MG Properties, a private San Diego-based real estate investor, owner, and operator has bought the 275-unit Verona Apartments in Henderson. MG Properties owns five other properties in the Las Vegas submarket.
Las Vegas’ desirable Henderson submarket is one of the fastest growing cities in the country due to its job growth, award-winning master-plotted communities, strong school system and amenities. Relative affordability of Las Vegas when compared to coastal metros has led to expansion by top employers, and the location of Verona Apartments benefits from brilliant accessibility to multiple major throughways that connect residents to major job centers throughout the metro.
“Las Vegas continues to be a major beneficiary of the economic recovery, with strong population and employment growth,” said Jeff Gleiberman, Managing Director of MG Properties. “we are pleased to add Verona to our regional portfolio and continue to be optimistic about the future prospects for the Las Vegas market.”
MG Properties has bought 11 communities in 2022 so far, totaling over 2,800 units exceeding $990 million in combined value. The company is targeting further acquisitions in Washington, Texas, Oregon, Arizona, California, Colorado, and Nevada.
Seller was represented by Taylor Sims of Cushman and Wakefield. Financing was provided by Brooks Benjamin and Corina Lam from Key Bank Real Estate Capital.

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NEW HAVEN, CT – An affiliate of Hudson Meridian Construction Group, a premier builder and developer of residential and commercial properties in the Northeastern United States, announced that it has obtained construction financing from ACORE Capital and Sculptor Real Estate to fund the development of a 6-tale, 398-unit multifamily community at 201 Munson Street in the growing Science Park section of New Haven. The financing was arranged by Tessera Partners and Capital & Venture Resources. Hudson Meridian also announced that New Haven investor Paredim Partners LLC has joined the Munson development partnership and the firm’s Paredim Communities division will conduct the leasing and management activities upon completion.
This truly extraordinary community will offer a flexible unit mix including 90 studios, and 208 1-bedroom units, 78 2-bedroom units and 22 3-bedroom townhome-style units. Select homes will contain additional “live/work” spaces and many layouts will have outdoor spaces. The project will also feature a richly styled, best-in-class amenity offering, including state of the art clubhouse and fitness center building, sprawling recreational roof deck with several grilling and dining areas, a variety of lounge areas and an outdoor pool with a luxe sun deck and cabana area.
Situated adjacent to the well loved Farmington Canal Heritage Trail and Yale Science Park’s main commercial corridor, this urban infill project will occupy the site of the former Olin Corp. This former manufacturing site had degraded to a seriously contaminated eyesore after sitting vacant for many years. This exceptional residential project will also contribute to the neighborhood’s revitalization and ongoing Science Park redevelopment that has become home to numerous global leaders in the biotech and technology companies, Yale University and not-for-profit organizations serving New Haven communities.
Bill Cote, CEO of Hudson Meridian, said “We are excited to contribute to the brilliant progress being made in the redevelopment of Science Park area with the development of this fantastic new amenity rich apartment community to meet the growing demand for young urban professionals to live, work, and delight in the lifestyle in New Haven. 201 Munson presented a unique set of development challenges that required a skilled execution team and a committed group of investors over the 3-year predevelopment period. We are grateful to our partners, the Lin and Chin families who remained steadfast in their commitment to see this project developed to serve the surrounding neighborhood.”
David Parisier, Managing Director of Paredim Partners, said “Paredim has been an active investor and manager of multifamily communities throughout New Haven since 2003, and we are so excited to be part of delivering this best-in-class community in of one of New Haven’s most vibrant and fastest-growing neighborhoods.”

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SCOTTSDALE, AZ – The Multifamily Innovation® Advisory Council announced today its formal launch with approximately 1.5 million apartment units being represented. The council is on track to grow to north of 3 million units by end of year, with a focus of being the catalyst for innovation, through delivering insight to leaders across the industry.
The Multifamily Innovation® Advisory Council is led by Chairman Patrick Antrim, Founder and CEO of Multifamily Leadership, a media and events platform providing streaming content around technology, innovation, leadership, and investing. Antrim is an industry professional and producer of the highest-level events in the multifamily apartment industry, through their podcast network, conferences, and annual summits.
Serving as Chair of Technology Initiatives for the Multifamily Innovation® Advisory Council is technologist Kerry W. Kirby, Founder and CEO of 365 Connect®, a leading provider of automated marketing, leasing, and engagement platforms for the multifamily housing industry. Kirby is an accomplished entrepreneur, innovator, and industry influencer. He holds 95 technology awards, has presented in over 150 webcast reaching over one-million listeners from around the world, and is changing the way we reckon about the convergence of technology in the rental housing market.
Antrim and Kirby have built their careers collaborating with leaders in the multifamily space, and have been extracting the perspectives from investors, developers, and operators or more than 20 years. They have been meeting in individual and small group gatherings over that past two years to discuss a variety of topics, from shifting consumer expectations, reimagining the role of our workforce, and analyzing the way next-generation renters can be accommodated.
Daryl Smith, Chief Marketing Officer for Kettler stated, The Multifamily Innovation® Council is a diverse group of intra-disciplinary professionals obsessed with a vision for innovation that will inspire the next generation of multifamily operations and leaders. I am extremely excited to participate, the discussions are timely and strategic, while inspiring me to imagine the calculus of innovation and its impact on our consumers and operations.
Members of the Multifamily Innovation® Advisory Council gain access to a diverse group of high-level multifamily owners and operators, where thoughts are exchanged about deploying and using different types of technology, without investing valuable resources into a venture capital fund. Working together to identify opportunities and navigate obstacles, members openly share their experience in finding solutions that are the proper fit for their operations.
Mike Brewer, Chief Operating Officer at RADCO Residential added, “The Multifamily Innovation® Council allows me to see the signal in the noise. Gone are the days when I must sit through endless sales pitches without understanding which technologies truly meet the needs of my business. The council takes the hard work out of making informed business decisions.”
The private invitation only group of council members attend weekly meetings to openly discuss real-world experiences related to utilizing technology across their communities. The members are void of any vendor influences and sales pitches to allow them to freely reckon through challenges they had or are having in deploying technology, as well as finding quality solutions for their operations. Council members also meet in-person annually at the Multifamily Innovation® Summit to join panel discussions, as well as celebrate the Best Places to Work Multifamily®.
Kim Boland, Director of Digital Marketing at Morgan Properties stated, The Multifamily Innovation® Council allows me to not feel alone when evaluating and implementing new programs. They help me realize that other people are having similar experiences. Listening to feedback from other operators and seeing how they have plotted, tackled, and succeeded in rolling out technology programs allows me to know that challenges are normal, and success is possible.
Membership to the Multifamily Innovation® Council is by application only. Those applying must be with a firm that owns or manages a minimum of 1,500 apartment units. To learn about membership opportunities, visit MultifamilyInnovation.com

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