News Releases

  Commercial Real Estate Investment Firm Plans to Spend Close to $4 Million to Renovate the Property TUCSON, Ariz./SAN DIEGO — San Diego-based Tower 16 Capital Partners, in partnership with Drake Real Estate Partners, has acquired Sierra Vista Apartments, a 258-unit multifamily project in Tucson, Ariz. The property was acquired from a private seller in an […]

San Joaquin Valley Homes and Presidio Residential Capital Close on New Development in Hanford, Calif. Central Valley Developer to Build 208 Single-Family Homes  HANFORD, Calif. – San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital recently closed on land in Hanford, Calif., to build Live Oak, a new master-planned community. Located in south Hanford on

Tower 16 Capital Partners Acquires Fairways at Lowry Apartments, Its First Multifamily Project in Denver Commercial Real Estate Investment Firm Plans to Acquire Over 2,000 Units in the Denver MSA Over the Next 18 Months DENVER/SAN DIEGO — San Diego-based Tower 16 Capital Partners, in partnership with Dune Real Estate Partners, has acquired the Fairways at

  Central Valley Developer to Build 150 Single-Family Homes  REEDLEY, Calif. – San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital recently closed on a parcel of land in Fresno County with plans to build San Rio, a new neighborhood of 150 single-family detached homes. Model construction is planned to begin February 2021 and

Positive Trends in Single-Family Home Sales a Beacon for Builders SAN DIEGO  – With the national housing market surging, Presidio Residential Capital continues to invest in single-family homes. The San Diego-based real estate firm now has 21 projects approved or under due diligence. At least 15 of these new home communities, with a total of

CCB and Williams Homes Each to Build Single-Family Home Communities  SAN LUIS OBISPO, Calif.  – Presidio Residential Capital, along with its joint venture partners Coastal Community Builders (CCB) and Williams Homes, recently closed on two parcels of land in San Luis Obispo at the highly anticipated mixed-use development, San Luis Ranch. Home construction on both

San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital recently closed on two land parcels in Visalia to build a total of 121 single-family detached homes with single-level floor plans. The first parcel on 19 acres, is named Arbor Gates and will introduce 91 lots near the northwest corner of Visalia Parkway and Demaree

Local Home Developer to Build Tiffany Ranch Offering 78 Single Family Homes  VISALIA, Calif. – San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital recently closed on a parcel of land located on Hillsdale Avenue between Akers Avenue and Shirk Avenue in Visalia, Calif., with plans to build Tiffany Ranch, a new neighborhood of

Encinitas-based Tower 16 Capital Partners announced it has hired Joe Anfuso, a 15-year veteran in the real estate investment industry, as an asset manager to oversee its multifamily assets throughout the Southwest region. Tower 16 currently owns and manages a portfolio of seven properties representing nearly 2,000 apartment units. Anfuso’s responsibilities will include managing onsite

Presidio Residential Capital Congratulates Partner for Record Year in 2019 San Joaquin Valley Homes (SJV Homes) has been recognized as one of the nation’s most active homebuilders, ranking No. 94 on the Builder 100 List with 465 closings and annual revenue of $142 million in 2019.