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California  + Orange County  + Opportunity Zones  | 

MIG Moves on Bay Area, SoCal Opportunity Zone Developments

Newport Beach-based MIG Real Estate, LLC opened escrow on two new Opportunity Zone ground-up multifamily developments in California: a 140-unit rental property in Hollywood and a 240-unit rental property in Fremont.

MIG’s Elizabeth Cobb says, “We’re excited to have the opportunity to develop and improve these two properties by adding much-needed housing to these communities. These projects are important steps in our continued strategy to seek out Opportunity Zone investments for development in key markets.”

The projects mark MIG’s entry into the Los Angeles and Bay Area markets. They represent the continuation of an investment strategy launched in 2020 to reposition MIG’s portfolio by acquiring and developing new projects in key urban markets.

The firm has allocated $100 million in equity to develop Opportunity Zone sites throughout the Western United States. It has also made several strategic hires including Cobb (Dir. of Development), Michael Englhard (COO), Chris Wright as (Dir. of Construction), and Colin Bagwell (Acquisitions & Development Manager).

For comments, questions or concerns, please contact Dennis Kaiser

*Pictured The Clarkson, a 114-unit multifamily community in Denver.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Development
  • ◦Sale/Acquisition
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