News

Homebuyers Snap Up Rare Entry-Level Housing in Underserved Area  NORWALK, Calif. – Brandywine Homes announced today all 21 townhomes have been sold at Castella, a new residential community near the intersection of Studebaker and Excelsior in Norwalk, Calif., less than eight months after it opened. “Opportunities to own brand new townhomes in the L.A. area […]

Partners to Renovate and Update 14-Acre Property with 30 Buildings and 93% Lease Rate   Phoenix– Continental Realty Advisors, Ltd. (CRA), a Denver-based national multifamily investment and management firm, in partnership with GTIS Partners, a global real estate investment firm headquartered in New York, announced today the off-market acquisition of San Palmas at Mission Park

New Residential Community Scheduled to Break Ground in August 2018 WEST HILLS, Calif. – Watt Communities and Presidio Residential Capital have acquired 1.91 acres in West Hills, Calif., where they plan to build a new gated community with 43 single-family homes. The joint venture partners expect to break ground in August 2018 and begin vertical

New Community Offering 126 Modern Farmhouse Homes is Now Open for Sale   FOLSOM, Calif. – BlackPine Communities and Presidio Residential Capital is planning a grand opening celebration at Farmhouse at Willow Creek, a new 18-acre community offering 126 single-family homes, on Saturday, March 17. Interested homebuyers are invited to attend the grand opening from

Community Offering 15 Luxury Craftsman Homes is Now Open for Sale  SAMMAMISH, Wash. – Summit Homes of Washington and Presidio Residential Capital recently announced the opening of Cambridge, a 15-home community on 4.59 acres located on the border of Sammamish and Issaquah. Cambridge homes will be similar in design and style as Summit’s sister property

Private Equity Fund Provides Capital for Residential Projects Located in Prime Markets in the Western United States    SAN DIEGO – Presidio Residential Capital showed a resilient investment presence in major markets in 2017, funding 16 new residential projects totaling 1,107 homes. “Year after year, our success is the result of our strong relationships with

Angela Meyer and Deborah Cramp Bring Deep Experience to Homebuilding Team  IRVINE, Calif. – Brandywine Homes recently announced it has hired Angela Meyer as vice president of development and Deborah Cramp as offsite purchasing manager. Both Meyer and Cramp will be based in the firm’s Irvine, Calif. office. “These talented new hires bring deep experience

SAN DIEGO – Robin Lewis, a real estate industry veteran with more than 20 years of experience and a strong background in financial management, has joined the team at Presidio Residential Capital. “We’re thrilled to have someone with Robin’s depth of experience in financial management,” said Presidio principal Paul Lucatuorto. “She will also be a

Houses in Bermuda Estates to Start in the $400,000s LAS VEGAS – Summit Homes of Nevada and Presidio Residential Capital have acquired five acres in south Las Vegas and plan to build Bermuda Estates, offering 15 single-family detached homes starting in the $400,000s. The community is scheduled to break ground in March of 2018 and

Local Homebuilder Plans to Open Five New Communities in 2018   VISALIA, Calif. – San Joaquin Valley Homes (SJV Homes) had another successful year in 2017, selling 349 homes and opening three new communities. The locally based homebuilder, which celebrated its fourth year in business last July, recently achieved the milestone of closing on its