News

DALLAS – Admiral Capital Group (“Admiral”) announced today that its core-plus investment platform (“A2R”) has acquired two Class A office properties in the Dallas metro area. The acquisitions in Plano, Texas, and Frisco, Texas, are an expansion of the platform launched in 2018 that includes assets in San Diego, Calif., and Phoenix, Ariz., and targets […]

SANTA ROSA, Calif. – Lafferty Communities and Presidio Residential Capital recently opened Blume, a 67-unit community on 8.97 acres at Sebastopol Road and Justin Drive in southwest Santa Rosa, Calif. Prices start in the mid $500,000. “We are excited to offer these unique homes located just a few miles from Santa Rosa’s historic Railroad Square,”

New Community Close to Freeways, Public Transportation and Recreation  BALDWIN PARK, Calif. – Brandywine Homes will hold a grand opening celebration at Palmera, a 1.52-acre community in Baldwin Park, Calif., featuring 23 three-story townhomes, on Saturday, February 9th from 10 a.m. to 5 p.m. At prices from $459,990 to $509,990, Palmera offers the least expensive

Southern California Infill Developer Plans to Close at Least 175 Homes in 2019   IRVINE, Calif. – Brandywine Homes, a pioneer of infill development in Southern California, closed 167 homes (an increase of more than 50% compared to its previous year), opened two new communities and broke ground on three new communities in Southern California

Limited Offering of 22 Homes on Two Cul-de-Sacs Now Available with Prices Starting in the $300,000s LAS VEGAS – Summit Homes of Nevada and Presidio Residential Capital recently announced the opening of Centennial Crossing, a residential community offering 22 single-family homes, located at 6429 N. Alpine Ridge Way in Las Vegas. “We’re excited to show

NEW YORK —Admiral Capital Group announced today that Minnie Allison, formerly of Goldman Sachs, JP Morgan and most recently Matthews Real Estate, has joined the $1.6 billion investment management firm’s Dallas, Texas office and will primarily be responsible for asset management of the firm’s real estate portfolio. “We are very pleased to welcome Minnie to

Commercial Real Estate Investment Firm Plans More Acquisitions in the Region This Year and Beyond SAN BERNARDINO, Calif. — Tower 16 Capital Partners, in a joint venture with Henley USA, has acquired Hillside Village Apartments, an 80-unit multifamily project in San Bernardino, for $11 million from a private seller. This is the first of many

San Luis Ranch to Offer 580 Homes Including Desperately Needed Workforce Housing, Retail and Office Space, a Hotel and an Organic Farm SAN LUIS OBISPO, Calif. – Presidio Residential Capital and Coastal Community Builders have received approval from the San Luis Obispo City Council to develop San Luis Ranch, a 131-acre farm-to-table community featuring 580

 Van Daele Homes Purchases 9.64 Acres with 74 Homes and Townhomes; The Ezralow Company Purchases 8.54 Acres with 182 Apartments MORGAN HILL, Calif. – Presidio Residential Capital has sold an 18-acre property known as Evergreen located on the northeast corner of San Pedro Avenue and Condit Road in the City of Morgan Hill.  The site

LAS VEGAS/SAN DIEGO – San Diego-based Tower 16 Capital Partners, in a joint venture with Henley USA, has acquired Evergreen Apartments, a 314-unit, multifamily project two miles west of the Las Vegas Strip, for $29.5 million. Tower 16 will oversee $4 million in renovations and upgrades to the project. “Our acquisition of Evergreen Apartments marks