Founded in 1989, MG Properties is engaged in the acquisition, development, rehabilitation and management of apartment properties. The firm manages more than 7,000 apartment homes in California, Arizona and Texas with a total market value of over $700 million. Based in San Diego, MG Properties was awarded as one of the fastest growing private companies in 2005 by the SD Business Journal. Its accounting services include preparing monthly financial statements, making cash flow projections and delinquency reports and governing accounting issues. The firm prepares marketing plans, conducts weekly property inspections and collects monthly rents. In addition, MG Properties services include maintaining weekly lease activity and collection reports and lease administration.