CONSHOHOCKEN, PA. (July 16, 2026)–M Group is pleased to announce the sale of The Lumina Apartments in Conshohocken, Pennsylvania.  M Group acquired this property in partnership with Coastal Ridge Real Estate. 

Built in 2010, The Lumina is a 309-unit property.  At the time of the sale, the property was 95.8% occupied, reflecting a strong demand in the submarket.

M Group is a privately held real estate and investment firm with offices in Birmingham, Michigan and Aspen, Colorado. M Group has acquired or invested in over 200 properties totaling more than 21,000,000 square feet throughout North America. M Group’s principals, Mitchell Mondry, Josh Mondry, and Ira Mondry have over 100 years combined experience in the real estate industry, as well as in operating businesses. M Group seeks existing, income-producing multi-family and student housing properties.