CEG Multifamily is a privately-held, family-owned and operated real estate investment firm headquartered in San Diego, California. We primarily operate as a value-add multifamily investor and asset manager. Our apartment purchases are well-researched opportunities in prime locations, and are generally acquired for a long term hold. We aim to redefine the multifamily industry with our core values, detailed owner-involvement, property rehabilitation, and superior property and asset management. Our entire portfolio is now professionally managed by FPI Management, Inc.
CEG Multifamily was originally founded as Coastal Exchange Group following the acquisition of a 20-unit apartment community in the Pacific Beach sub-market of San Diego, California in 1982. Since these humble beginnings, our portfolio has grown to include over 8,000 units with current assets owned and managed in California, Texas, New Mexico, Oklahoma City, and Louisiana. In 2015, we rebranded as CEG Multifamily to better reflect our growing portfolio in non-coastal regions. Entering the new decade, our investment strategy is to expand holdings in Texas as well as begin development projects through our new development division: Unfold Development.