MG Properties Expands Presence in Dallas-Fort Worth with Sola Galleria Acquisition

MG Properties, a prominent player in the real estate investment sector, has made headlines as it acquired the Sola Galleria Apartments located in Farmers Branch, Texas. This strategic move, announced on January 6, 2026, signifies the firm's ongoing commitment to expanding its footprint in one of the fastest-growing multifamily markets in the country, the Dallas-Fort Worth metro area.

About Sola Galleria Apartments

Sola Galleria Apartments is not just any residential community; it stands out due to its prime location and range of modern amenities. Residents will enjoy the convenience of being close to major employment centers, shopping, dining, and key transportation routes throughout the Dallas-Fort Worth region. Furthermore, it is positioned at the intersection between Farmers Branch and Addison, providing residents with the perfect blend of urban living and a “live-work-play” environment that many seek.

Strategic Vision

MG Properties' President, Jeff Gleiberman, emphasized this acquisition as a strong indicator of their confidence in the Dallas-Fort Worth market. Farmers Branch is not only strategically central but also economically vibrant, showing a sustained demand for rental properties. The company plans to apply its proven approach to enhancing the living experience at Sola Galleria Apartments, ensuring resident satisfaction and operational efficiencies while introducing selective property improvements.

The management team's focus on residents goes beyond just providing a roof over their heads; it extends to creating an enriching community experience. By emphasizing resident satisfaction within the operational framework, MG Properties aims to cultivate a living space that residents can genuinely call home.

Financial Aspects of the Acquisition

The sellers of the property, HLC Equity and The Hampshire Companies, were represented by a dedicated team from IPA, including professionals Joey Tumminello, Drew Kile, Taylor Hill, Michael Ware, and Jack Windham. The financing for this substantial transaction was spearheaded by IPA Capital Markets, led by experts Cameron Chalfant, Brian Eisendrath, Harry Krieger, and Scott Arenzon.

MG Properties at a Glance

Founded in 1992 by Mark Gleiberman and based in San Diego, California, MG Properties is a fully integrated real estate company known for its expertise in multifamily asset investment, redevelopment, and management. Presently, the company boasts a comprehensive portfolio consisting of over 32,000 rental homes across various states including California, Texas, Arizona, and many more, covering a total of 114 communities.

The acquisition of Sola Galleria Apartments further exemplifies MG Properties’ ambition to enrich communities, a guiding principle that remains at the core of their operational strategy. As they look to the future, MG Properties is poised to continue expanding its presence, further solidifying its status as a key player in the multifamily housing market.

For additional information about MG Properties and their portfolio, visit their official website at mgproperties.com.