Jeff Gleiberman Of MG Properties Acquires Citron Apartments In Anaheim For $144M

The asset involved in the transaction is a 314-unit multifamily property located at 901 East South Street in Anaheim. The sale price for this property was $144,000,000, resulting in a per-unit price of $458,599. The property was built in 2023.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $144,000,000
• Buyer: Jeff Gleiberman - MG Properties
• Lender: Freddie Mac
• Mortgage Brokers: Kevin Mignogna, Charlie Haggard, Lee Scott, Joey Guarino & Michael Beach - Berkadia
• Units: 314
• Price Per Unit: $458,599

This transaction marks the 17th property purchase by MG Properties within the past year, accumulating a total investment exceeding $2.1 billion. The financing for this acquisition was arranged with Freddie Mac, facilitated by the mortgage brokers from Berkadia.