Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Christian Garner Garner: “As a joint venture with our partner Rockwood Capital, we collectively decided to sell the property, but the sale by no means indicates that we’ve changed our positive outlook on the Inland Empire market.”

SAN DIEGO—“The Inland Empire market demonstrates strong education, medical and technology drivers, and we anticipate it will continue to perform over the next several years,” MG Properties Group’s chief investment officer Christian Garner tells GlobeSt.com. As we recently reported, the private San Diego-based real estate investor and operator and affiliates of Rockwood Capital LLC have sold Terracina, a multifamily property located in Ontario, CA, for $142 million to an undisclosed buyer. The sale is said to be the largest ever of a single multifamily property in the Inland Empire. We spoke exclusively with Garner about MG’s investment strategy on apartments in that market and in other markets.

GlobeSt.com: What is your firm’s investment strategy on apartment properties in the Inland Empire?

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

More from this author


GlobeSt. APARTMENTS Fall 2021Event

Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.