Episode Details
Back to EpisodesJF3655: Managing 32,000 Units, Navigating Interest Rate Hikes, and Finding the Best Deals in 2024
Season 1
Episode 3655
Published 1 year, 5 months ago
Description
Jeff Gleiberman, President of MG Properties, shares his experience of managing a portfolio of over 32,000 multifamily units. The company was founded by his father in 1992 and has since expanded to six major Western states. They focus on slow and steady growth, buying existing apartment buildings, and holding properties for 7 to 10 years. Their investment approach involves low leverage, long-term fixed-rate financing, and a syndication model. They prioritize low-risk investments and have a track record of no losses in over 200 deals.