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Anton Communications News

Tower 16 Capital Partners Acquires a Two-Property, 332-Unit Multifamily Portfolio in Phoenix for $55 Million

May 6th, 2021

 Commercial Real Estate Investment Firm Plans to Spend Close to $6 Million to Renovate the Properties San Diego-based Tower 16 Capital Partners has acquired a two-property multifamily portfolio consisting of 332 units in the greater Phoenix area for $55 million. … read more

Four Presidio Residential Capital Builders Make 2021 Top Nationwide Homebuilder List

May 6th, 2021

Presidio Residential Capital, a San Diego-based real estate management company, announces that four of its California joint venture partners were named to Builder Magazine’s 2021 Next 100 list, the housing industry’s premier ranking of the nation’s most active homebuilders.

Tower 16 Capital Partners Announces the Sale of Hillside Village Apartments for $16.5 Million

May 4th, 2021

Tower 16 Capital Partners has sold Hillside Village Apartments, an 80-unit multifamily project in San Bernardino, for $16.5 million. The property was purchased in January 2019 for $11 million in an off-market transaction. Tower 16 recently sold another Inland Empire … read more

All 173 Homes at San Joaquin Valley Homes’ Ashton Park and Cambria Neighborhoods Have Fully Closed in California’s Central Valley

April 19th, 2021

San Joaquin Valley Homes (SJV Homes) is thrilled to announce that a total of 173 homes have recently closed at the communities of Ashton Park in Visalia and Cambria in Porterville.

Tower 16 Capital Partners Sells Three-Asset Las Vegas Apartment Portfolio for $182 Million

April 19th, 2021

Commercial Real Estate Investment Firm Invested $10.3 Million in Renovations and Upgrades to the 1,165-unit Portfolio During its Two-and-a-half-year Hold Period San Diego-based Tower 16 Capital Partners, has sold a three-asset multifamily portfolio in Las Vegas, Nevada, for $182 million … read more

Tower 16 Capital Partners Sells The District at Grand Terrace in Colton, California, for $88 Million

April 8th, 2021

The Firm Implemented a $2.6 Million Renovation During Two-Year Ownership Period COLTON, Calif./SAN DIEGO — San Diego-based Tower 16 Capital Partners has successfully sold The District at Grand Terrace, a 352-unit apartment project located in Colton, Calif. The property was … read more

San Joaquin Valley Homes and Presidio Residential Capital Close on Land in Delano, Calif.

March 22nd, 2021

Central Valley Developer Will Introduce Two New Home Communities  DELANO, Calif. – San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital recently closed on a parcel of land in Delano, a city in Kern County, California, to add another … read more

Tower 16 Capital Partners, in Partnership with Drake Real Estate Partners, Acquires La Mirada Apartments in Tucson, Arizona

March 22nd, 2021

  Commercial Real Estate Investment Firm Plans to Spend Over $4 Million to Renovate the 201-unit Property TUCSON/SAN DIEGO — San Diego-based Tower 16 Capital Partners, in partnership with Drake Real Estate Partners, has acquired La Mirada Apartments, a 201-unit … read more

San Joaquin Valley Homes Hits a New High with the Close of 513 New Homes in 2020

February 23rd, 2021

  Local Home Builder Plans to Open at Least Eight New Communities in the Central Valley This Year  VISALIA, Calif. – San Joaquin Valley Homes (SJV Homes) posted a record year in 2020, closing 513 homes, selling out three existing communities … read more

Presidio Residential Capital Closes 1,196 Homes In 2020

February 16th, 2021

San Diego-based Private Equity Firm Continues to Focus on Western U.S. Residential Projects SAN DIEGO – San Diego real estate management company Presidio Residential Capital, along with its building partners, successfully sold 1,270 homes, closed 1,196 homes and acquired 17 … read more

 
 

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