News

Continental Realty Group and MLG Capital Close Sale of 601-Unit Community in Memphis, Tennessee, for $64 Million

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 […]

Continental Realty Group and MLG Capital Close Sale of 601-Unit Community in Memphis, Tennessee, for $64 Million Read More »

Cornerstone Communities Recognized as One of America’s Most Active and Successful Builders in 2019 Based on Sales and Growth

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

Cornerstone Communities Recognized as One of America’s Most Active and Successful Builders in 2019 Based on Sales and Growth Read More »

Pebble Creek Companies, Casbri Development and Presidio Residential Capital to Hold Grand Opening at Riker Ranch in Lakeside, California

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

Pebble Creek Companies, Casbri Development and Presidio Residential Capital to Hold Grand Opening at Riker Ranch in Lakeside, California Read More »

Regina Ridge in Northwest Las Vegas from Summit Homes of Nevada and Presidio Residential Capital is Now Open

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

Regina Ridge in Northwest Las Vegas from Summit Homes of Nevada and Presidio Residential Capital is Now Open Read More »

Cornerstone Communities Recognized as One of America’s Most Active and Successful Builders in 2019 Based on Sales and Growth

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

Cornerstone Communities Recognized as One of America’s Most Active and Successful Builders in 2019 Based on Sales and Growth Read More »

Another Successful Year as Brandywine Homes Reports $66 Million in Revenue, Closes 95 Homes and Opens Four Communities in 2019

  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

Another Successful Year as Brandywine Homes Reports $66 Million in Revenue, Closes 95 Homes and Opens Four Communities in 2019 Read More »

Tower 16 Capital Partners Sells Altura on Tropicana Apartments in Las Vegas, Nevada

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 »

Tower 16 Capital Partners Acquires Lilly Garden Apartments, Its First Multifamily Project in Phoenix, for $11.7 Million

 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

Tower 16 Capital Partners Acquires Lilly Garden Apartments, Its First Multifamily Project in Phoenix, for $11.7 Million Read More »

Presidio Residential Capital and Williams Homes to Hold Grand Opening at Rosewood, Offering 36 Single-Family Homes in Ventura County, Calif., on December 14

Prices at Santa Paula’s First New Home Community Since 2012 Start at $554,900  SANTA PAULA, Calif. – Williams Homes and Presidio Residential Capital will hold a grand opening at Rosewood, a new 17-acre community with 36 one- and two-story single-family detached homes in Santa Paula, a city in Ventura County, on December 14 from 10

Presidio Residential Capital and Williams Homes to Hold Grand Opening at Rosewood, Offering 36 Single-Family Homes in Ventura County, Calif., on December 14 Read More »