MG Properties Group Hires Richard Gelbart as Vice President, Investor Relations

San Diego—MG Properties Group (MGPG), a private, San Diego-based real estate investor and operator, has announced the hiring of Richard Gelbart to the newly created position of vice president, investor relations. Gelbart will be responsible for communications with the company’s 200 individual investors and the development of relationships with potential new private capital investors.

Gelbart has over 25 years of multifamily investment real estate experience. In his previous position as Senior Vice President and later as President of a San Diego-based apartment investment/management company, he and his team acquired, renovated, managed and sold over 10,000 multifamily units and several office buildings in California, Arizona and Texas. He has lived in San Diego since 1986 and is a graduate of the Platt College School of Architectural Design.