News Releases

Riker Ranch Will Bring New Homes to Undersupplied East County LAKESIDE, Calif. – Pebble Creek Companies, Casbri Development and Presidio Residential Capital have closed on 6.2 acres in western Lakeside, Calif., where the joint venture partners plan to build Riker Ranch, a development with 20 single-family homes. The retail value of this community is expected […]

Treviso Scheduled to Break Ground in May 2018   ANAHEIM, Calif. – Brandywine Homes has acquired 1.29 acres in Southwest Anaheim, Calif., and plans to build Treviso, a gated community offering 22 three-story townhomes. Brandywine expects to break ground on the new neighborhood in May 2018, begin model construction in September 2018 and open for

Greystone and Ashton Park Designed for Entry-Level Buyers and Young Families   VISALIA, Calif. –  San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital have closed on 29 acres (151 lots) and plans to close an additional 19 acres (67 lots) next year in Visalia, Calif. The joint venture partners will build two new

Houses in La Cienega Estates to Start in the $500,000s LAS VEGAS – Summit Homes of Nevada and Presidio Residential Capital have acquired six acres at La Cienega Street and East Shelbourne Avenue in Clark County, Nevada, and plan to build La Cienega Estates, offering 12 single-family detached homes starting in the $500,000s. The retail

Homebuyers Snap Up Rare Entry-Level Housing in Underserved Area  NORWALK, Calif. – Brandywine Homes announced today all 21 townhomes have been sold at Castella, a new residential community near the intersection of Studebaker and Excelsior in Norwalk, Calif., less than eight months after it opened. “Opportunities to own brand new townhomes in the L.A. area

Partners to Renovate and Update 14-Acre Property with 30 Buildings and 93% Lease Rate   Phoenix– Continental Realty Advisors, Ltd. (CRA), a Denver-based national multifamily investment and management firm, in partnership with GTIS Partners, a global real estate investment firm headquartered in New York, announced today the off-market acquisition of San Palmas at Mission Park

New Residential Community Scheduled to Break Ground in August 2018 WEST HILLS, Calif. – Watt Communities and Presidio Residential Capital have acquired 1.91 acres in West Hills, Calif., where they plan to build a new gated community with 43 single-family homes. The joint venture partners expect to break ground in August 2018 and begin vertical

New Community Offering 126 Modern Farmhouse Homes is Now Open for Sale   FOLSOM, Calif. – BlackPine Communities and Presidio Residential Capital is planning a grand opening celebration at Farmhouse at Willow Creek, a new 18-acre community offering 126 single-family homes, on Saturday, March 17. Interested homebuyers are invited to attend the grand opening from

Community Offering 15 Luxury Craftsman Homes is Now Open for Sale  SAMMAMISH, Wash. – Summit Homes of Washington and Presidio Residential Capital recently announced the opening of Cambridge, a 15-home community on 4.59 acres located on the border of Sammamish and Issaquah. Cambridge homes will be similar in design and style as Summit’s sister property

Private Equity Fund Provides Capital for Residential Projects Located in Prime Markets in the Western United States    SAN DIEGO – Presidio Residential Capital showed a resilient investment presence in major markets in 2017, funding 16 new residential projects totaling 1,107 homes. “Year after year, our success is the result of our strong relationships with