Murphy Property Group is a private real estate investment firm based in Fort Lauderdale, Florida. MPG is the product of a real estate development and investment business started by William Murphy approximately 40 years ago in the early 1980’s . While the firm’s portfolio has evolved over the years, we remain focused on commercial real estate spanning from South Florida to Virginia, with a commitment to Office and Multifamily.
Affiliates of MPG own a controlling interest in more than $500 million in real estate investments, across a portfolio of 1.5 million square feet of office and more than 1,900 multifamily units. Our focus is on investing in value-add and core-plus office and residential real estate in specific U.S. submarkets that have favorable demographics, where we have prior experience, and offer attractive risk-adjusted returns.
MPG's target investment range is between $10 million and $100 million, at prices below replacement cost to generate excess returns without excessive risk. By concentrating on middle-market transactions, MPG often takes advantage of less competition, inefficiencies of information within local markets, and a greater potential to add additional value and generate higher returns.