News

Presidio Residential Capital Celebrates Successful Results in 2021

San Diego real estate development management company Presidio Residential Capital and its building partners closed 787 homes and acquired nine new projects in 2021. Its current portfolio totals 5,800 homes and lots for sale, under construction or in entitlement or development process and has 20 western U.S. communities with active sales.

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San Joaquin Valley Homes Reports Brisk Sales in 2021 With the Close of 449 New Homes

Local Home Builder Plans to Open at Least Six New Communities in the Central Valley This Year  VISALIA, Calif. – February 10, 2022 – San Joaquin Valley Homes (SJV Homes) was by far the most active builder in the San Joaquin Valley in 2021, closing 449 homes, opening six or more new communities and selling out

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

Busy Central Valley Developer to Build 175 New Single-Family Homes  DINUBA, Calif. – January 11, 2022 – San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital recently closed on land in northwest Dinuba, Calif., in Tulare County, where they will build 175 single family, detached homes in a new community named Montebella. Located at

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The Roxborough Group Appoints New Managing Director, Asset Management

  Industry Veteran Joshua Callahan Joins San Francisco Private Equity Firm  SAN FRANCISCO (January 10, 2022) – The Roxborough Group – a real estate private equity firm – has appointed Joshua Callahan as managing director of asset management. In this newly created role, Callahan will work from Roxborough’s San Francisco headquarters and lead Roxborough’s asset

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

  Central Valley Developer Will Build 94 Single-Family Homes San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital closed on land in southeast Visalia, Calif., in Tulare County, where they will build a new single family, detached home community called Vista del Sol. Located at the southeast corner of K Avenue and Pinkham Street

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SB Real Estate Partners Expands Its Burgeoning Portfolio in Greater Phoenix

Multifamily Investment Firm Purchases 128-unit Apartment Community for $27.5 Million  PHOENIX — SB Real Estate Partners “SBREP” has acquired East 3434 Apartments, a Class B, 128-unit garden-style apartment community located in Phoenix, Ariz., for $27.5 million. The property has been renamed Portola at Papago, and SBREP intends to execute a $2 million capital improvement program.

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San Joaquin Valley Homes and Presidio Residential Capital Celebrate the Grand Opening of Sterling Oaks in Hanford, California this Weekend

106 New Single-Family Homes Available  HANFORD, Calif. – San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital are pleased to announce the grand opening of Sterling Oaks, the first residential neighborhood located within the planned community of Live Oak, offering 106 detached single-family houses priced starting at $325,900, on Saturday, September 18, 2021, from 10 a.m.

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Tower 16 Capital Partners Acquires Two Multifamily Properties in Phoenix for $78.5 Million

Commercial Real Estate Investment Firm Has Acquired Its Fifth and Sixth Properties in Phoenix PHOENIX/SAN DIEGO — San Diego-based Tower 16 Capital Partners has acquired two properties across two separate transactions totaling 508 units in Phoenix, Ariz., for a total of $78.5 million. Banyantree Apartments, a 232-unit multifamily property located in Phoenix, Ariz., was acquired

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Tower 16 Capital Partners Announces the Sale of IVilla Garden Apartments for $30 Million After a 16-Month Hold Period

PHOENIX — Tower 16 Capital Partners has sold IVilla Garden Apartments, a 214-unit multifamily project in Phoenix, for $30 million. The property was purchased by Tower 16 in February 2020 for $15.1 million in an off-market transaction. The new buyer is Tides Equities, one of the largest apartment owners in the Phoenix market, who is

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