San Diego-based Private Equity Firm Focused on Western U.S. Residential Projects Presidio Residential Capital, a San Diego real estate investment company, through its building partners, successfully sold 1,324 homes in 2019, an increase of more than 300 sales over 2018. It currently has 50 communities with active sales and a portfolio totaling just over 5,100 […]
Presidio Residential Capital Closes 1,164 Homes In 2019 Read More »
Continental Realty Group through its subsidiary Continental Realty Assets, Ltd. (“CRA”), a Denver-based multi-family investment firm in partnership with MLG Capital (“MLG”), has completed the disposition of The Park at Forest Hill in Memphis, Tenn. The sale price was $64 million. Located in the Germantown/Southwind submarket of Memphis, the 601-unit community was developed in two
Presidio Residential Capital Has Funded 15 of Cornerstone’s Projects, Including Four Neighborhoods at Otay Ranch, Ranked Eighth Among All Masterplan Communities Nationwide SAN DIEGO – Presidio Residential Capital congratulates its joint venture partner Cornerstone Communities, which attracted national recognition in 2019 for its impressive growth and sales success in Southern California, where Cornerstone closed 356 homes, opened
Offering 20 Homes Starting in the Mid $700,000s SAN DIEGO – February 18, 2020 – Pebble Creek Companies, Casbri Development and Presidio Residential Capital will hold a grand opening at Riker Ranch, a new community offering 20 single-family homes in Lakeside, California, on Saturday, February 22, from 11 a.m. to 2 p.m. The neighborhood
Community Offering 18 Single-Story Detached Homes Starting in the Mid $400,000s LAS VEGAS – Summit Homes of Nevada and Presidio Residential Capital announces, Regina Ridge, a new community in Northwest Las Vegas offering 18 single-family detached homes is now open for sale. Regina Ridge is located in Northwest Las Vegas off Centennial Parkway and Fort
Local Home Builder Beat Out Three of the Nation’s Largest Builders for the Second Year in a Row VISALIA, Calif. – San Joaquin Valley Homes (SJV Homes) posted a record year in 2019, closing 465 homes, selling out four existing communities and opening seven new ones in a busy and highly successful year.
San Joaquin Valley Homes Hits a New High with the Close of 465 New Homes in 2019 Read More »
San Diego-Based Builder has Four Neighborhoods for Sale at Otay Ranch, Ranked Eighth Among All Masterplan Communities Nationwide SAN DIEGO – Cornerstone Communities attracted national recognition in 2019 for its impressive growth and sales success in Southern California, where it closed 356 homes, opened three new communities and sold out one neighborhood for a total
Southern California Infill Developer Plans to Open Four New Communities in 2020 IRVINE, Calif. – Brandywine Homes, a pioneer of infill development in Southern California, closed 95 homes, opened four new communities and sold out in four communities in Southern California for total annual revenue of $66 million in 2019. The homebuilder plans
Commercial Real Estate Investment Firm Owned the Property for Only 18 Months LAS VEGAS — San Diego-based Tower 16 Capital Partners has successfully sold Altura on Tropicana, a 512-unit multifamily project in Las Vegas, after an 18 month hold period. Tower 16 had originally purchased the property for $50 million in June 2018 and invested
Tower 16 Capital Partners Sells Altura on Tropicana Apartments in Las Vegas, Nevada Read More »
Commercial Real Estate Investment Firm Plans to Acquire Over 2,000 Units in the Phoenix MSA Over the Next 18 Months PHOENIX/SAN DIEGO — San Diego-based Tower 16 Capital Partners, in partnership with HG Capital, has acquired Lilly Garden Apartments, a 180-unit multifamily project in Phoenix. The property was acquired on an off-market basis from a