CVG Properties

01/22/2026

CVG Properties announces the acquisition of a portfolio of newly constructed single-family homes from Lennar and Pulte. The homes are located in Valley at Wildflower in Saratoga Springs, Utah, and Jordanelle Ridge in Heber, Utah. This acquisition represents a strategic addition to CVG’s growing Utah single-family rental portfolio.

01/22/2026

CVG Properties has closed on its 12th acquisition in Arizona with the purchase of V on Broadway.

V on Broadway is a newly built (2021), Class A mid-rise community in prime North Tempe just minutes from ASU, major employment hubs, and Phoenix Sky Harbor Airport. The property offers exceptional regional connectivity with SR-101, Loop-202, and the Valley Light Rail. Residents enjoy modern, spacious units with premium finishes and a full suite of resort style amenities. Surrounded by top shopping, dining, and entertainment options, V on Broadway is perfectly positioned in one of the Valley’s most dynamic live-work-play environments.

CVG Properties currently owns and operates multifamily communities in Arizona, California, Utah, and Texas and plans to continually and strategically grow its portfolio in these target markets.

Special thanks to Alon Shnitzer at ABI Multifamily.

01/03/2023

Happy New Year from all of us at CVG Properties.

As we close out 2022, we wanted to take a moment to reflect on the past year and set some goals for the coming year.

Looking back, we are proud of all that we accomplished in 2022. We expanded our portfolio with the acquisition of multiple new properties within Dallas and San Diego and continued to build out the team with the addition of several new corporate employees within accounting, acquisitions, and operations.

But we also know that there is always room for improvement, and with that in mind, we have set some key objectives for ourselves for 2023.

First, we want to continue to provide excellent service to our investors. Whether it's through our extensive market knowledge, our relationships with brokers, or our proven track record of successful deals, we are committed to helping our valued investors achieve their real estate investment goals.

We also want to focus on expanding our reach and growing our brand in the coming year. Whether it's through increased use of social media, industry events, or simply being more active in our target markets, we want to make sure that CVG Properties is the go-to choice for anyone considering a multifamily real estate investment.

Finally, we're excited to take on new challenges and opportunities as they come our way. Whether it's expanding into new markets or simply continuing to evolve and improve as a company, we are ready for whatever the year ahead brings.

Here's to a successful and prosperous 2023 for all of us.

06/16/2022

CVG Properties has closed on its fifth property in San Diego County with the acquisition of Canyon Run Apartments. This 37-unit boutique community was built in 1985 and is located proximate to the 8 freeway in El Cajon, feeding into numerous employment clusters around San Diego County. The spacious 3-bedroom Apartments feature updated cabinetry, in-unit washer & dryer connections, mature landscaping, and private fenced yards on select ground floor units. The property also features a community playground and swimming pool with attached sundeck.

CVG Properties currently owns and operates multifamily communities in Arizona, California, Utah, and Texas and plans to continually and strategically grow its portfolio in these target markets.

Special thanks to Kevin Mulhern, Allen Chitayat, John Newton, Nate Pepper, and the San Diego CBRE Multifamily Capital Markets Team for their guidance and ex*****on on this transaction, and to Andrew Gilligan and Brian Barnard and the JP Morgan Chase Team for always making the debt process smooth and simple.

06/15/2022

CVG Properties buys Magnolia at West Lemmon in Dallas, TX.

CVG Properties has closed on its second Dallas acquisition this month and its third Acquisition in the Dallas market with the acquisition of the Magnolia at West Lemmon. This 153-unit community built in 2021/2022 is located in the desirable Oak Lawn neighborhood off Cedar Springs and Lemmon Avenue. The thoughtfully designed and spacious studio, one, and two-bedroom apartment homes equipped with high end finishes such as wine fridges, keyless entry, smart locks and smart thermostats, private rooftop patios, and private fenced yards combined with the resort style pool and fitness center to offer residents a state of the art, urban living experience in one of Dallas’ most sought-after neighborhoods.

CVG Properties currently owns and operates multifamily communities in Arizona, California, Utah, and Texas and plans to continually and strategically grow its portfolio in these target markets.

Special thanks to Johnathan Makus, Chandler Sims, Daniel Baker, Mike Bryant, Harry Krieger, Bond Foster, Jay Wagley, and the entire Dallas CBRE Multifamily Capital Markets Team for their guidance and ex*****on on this transaction. We also look forward to continuing our partnership with Magnolia Property Company on the day-to-day management of the community.

06/15/2022

CVG Properties buys The Mark at Midtown Park in Dallas, TX.

CVG Properties expands its multifamily footprint in the Dallas market with the acquisition of The 274-unit Mark at Midtown Park. The Mark at Midtown Park, built in 2017 is a luxury, urban apartment community conveniently located directly off Interstate 75, minutes from Park Cities, Preston Hollow, downtown Dallas, and in the heart of the emerging Dallas healthcare industry including the Medical City Dallas, Texas health Presbyterian Hospital, Baylor University Medical Center, Children’s Medical Center Dallas, and UT Southwestern.

The Mark at Midtown Park offers well-appointed luxury studio, one, two, and three bedroom apartment homes and an abundance of indoor and outdoor resident amenities that truly support and promote the live-work-play lifestyle. CVG plans a modest refresh to the apartment interiors and amenities and has partnered with Magnolia Property Company to provide best in class on-site customer service and management.

CVG Properties currently owns and operates multifamily communities in Arizona, California, Utah, and Texas and plans to continually and strategically grow its portfolio in these target markets.

Special thanks to Johnathan Makus, Chandler Sims, Mike Bryant, Harry Krieger, Bond Foster, Jay Wagley and the entire Dallas CBRE Multifamily Capital Markets Team for their guidance and ex*****on on this transaction.

04/28/2022

CVG Properties is excited to announce the launch of our new website. With the help of Noble Intent Studio we’ve been able to enhance the look and feel of our brand with our new website, email marketing, and more. We are so proud of the work that was put into this project, we hope you love the refreshed CVG brand as much as we do. The next project set to launch this year will be the migration of our investor portal solution to Juniper Square, Inc., to provide the best end to end online experience for our investors.

We acquire, renovate, and manage income-producing real estate that creates long-term value for our investors.

04/27/2022

CVG Properties is delighted to have successfully executed the sale of Copper Palms Apartments, a 206-unit multifamily community in Phoenix, AZ. The sale price of $59M, or $286,407 per unit, reflects the strong performance of apartment properties in the Phoenix market as it benefits from exceptional economic growth. Over the 6.5 year hold period, the investors realized a 12.7% average annual cash on cash return, and 163% average annual return or a 10.6x equity multiple.

Thank you to the wonderful team at CBRE that made this transaction a huge success.

04/27/2022

Exciting update by Red Development on the former Paradise Valley mall redevelopment and for our CVG Properties communities (Stonebridge at Paradise Valley and The Enclave at Paradise Valley) both located less than a mile away. Renamed simply as PV, Phase 1 is expected to open in 2024 featuring Whole Foods Market, Harkins CINEGRILL (a new dine-in luxury theater concept), and 3 best-in-class upscale restaurants that will provide the area and our residents with some of the best retail, dining, and entertainment experiences that Phoenix has to offer.

Uniting the community on a whole new level. The newly reimagined PV features an expansive central park and community gathering place situated amongst a mecca of dining, entertainment, and retail experiences.

04/27/2022

CVG Properties buys Magnolia on Matilda in Dallas, TX.

February 4, 2022 – CVG Properties has entered the Dallas submarket with the acquisition of Magnolia on Matilda Apartments. Magnolia on Matilda is a boutique property located on the M Streets near Lower Greenville in Dallas, Texas. It is strategically located in a walkable neighborhood just one block from Greenville Avenue, which is lined with trendy restaurants, bars, retail, and entertainment venues. The property contains one and two-bedroom floorplans, with upgraded modern interiors.

CVG Properties owns and operates apartment communities in Arizona, California, Utah and Texas. They plan to strategically purchase in Dallas, targeting newer assets in strong neighborhoods.

www.cvgproperties.com