News

Continental Realty Group of Denver Acquires 107-Unit Apartment Complex for $24.6 Million

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This marks the fifth acquisition for CRA in the Phoenix market since 2016 PHOENIX, AZ— Continental Realty Group, through its subsidiary Continental Realty Assets, Ltd. (“CRA”), a Denver-based multifamily owner and operator, is pleased to announce the purchase of the 107-unit Copper Point Apartments in Mesa, Arizona for $24,650,000. This marks the fifth acquisition for […]

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SB Real Estate Partners Breaks into Inland Empire with Redlands Acquisition for $46.2 Million

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REDLANDS, Calif. —SBREP has acquired ReNew Redlands, a Class B, 124-unit garden-style apartment community located in Redlands, Calif, for $46.2 million. The property has been renamed Portola Redlands, and SBREP intends to execute a $2.5 million capital improvement program. The acquisition is the first for SBREP within the Inland Empire market but is part of

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San Joaquin Valley Homes Earns Builder of Choice Award

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Win is Result of High Scoring from the Builder’s Trade Partners and Suppliers  VISALIA, Calif. – Central Valley homebuilder San Joaquin Valley Homes (SJV Homes) has been recognized with the coveted “Builder of Choice Award.” The national award was earned through the supportive votes from its partnering subcontractors. The annual award by Builder Partnerships was

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Tower 16 Capital Partners in Partnership with Raith Capital Partners Acquires Ascend on Glendale Apartments in Phoenix, AZ

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 Commercial Real Estate Investment Firm Continues to Scale Portfolio of New-Construction Multifamily Properties Across the Southwest PHOENIX/SAN DIEGO —San Diego-based Tower 16 Capital Partners in partnership with Raith Capital Partners has successfully acquired Ascend on Glendale, a 216-unit multifamily property located near the rapidly-growing Westgate Entertainment District of Glendale, Ariz. The property was built in

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The Hoffman Company Announces the Sale of 31.7 Acres in Murrieta, Calif., for $38 Million to National Multifamily Developer JPI

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MURRIETA, Calif. – The Hoffman Company is pleased to announce the $38 million sale of 31.7 acres of vacant land in Murrieta, California, to JPI, one of the nation’s largest multifamily developers. The 852-unit, four-story apartment community is poised to transform the local housing landscape and meet the growing demand for quality living spaces in

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Continental Realty Group & MLG Capital Acquire Durango Multifamily Property

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DURANGO, COLO. — Continental Realty Group, through its subsidiary Continental Realty Assets, Ltd. (“CRA”), a Denver-based multifamily owner and operator, in partnership with Milwaukee-based MLG Capital, is pleased to announce the purchase of the 112-unit Skyline Apartments in Durango, Colorado. This marks the sixth partnership between CRA and MLG Capital following their recent disposition of

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Presidio Residential Capital and San Joaquin Valley Homes Close on Land in Central Valley To Build 228 Homes

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PORTERVILLE, Calif. – Joint venture partners San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital have closed on a parcel of land in Northwest Porterville, to build two distinct communities: Brookside and Laurelwood consisting of a total of 228 single-family homes. The new communities are located at the northeast corner of Westwood/Westfield. Model construction

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