San Diego real estate development management company Presidio Residential Capital and its building partners closed 787 homes and acquired nine new projects in 2021. Its current portfolio totals 5,800 homes and lots for sale, under construction or in entitlement or development process and has 20 western U.S. communities with active sales.
Presidio Residential Capital Celebrates Successful Results in 2021 Read More »
Local Home Builder Plans to Open at Least Six New Communities in the Central Valley This Year VISALIA, Calif. – February 10, 2022 – San Joaquin Valley Homes (SJV Homes) was by far the most active builder in the San Joaquin Valley in 2021, closing 449 homes, opening six or more new communities and selling out
San Joaquin Valley Homes Reports Brisk Sales in 2021 With the Close of 449 New Homes Read More »
With Housing Inventory Lower Than It Has Been in Decades, Residential Builders Anticipate Another Seller’s Market This Year LA JOLLA, Calif. – February 9, 2022 – Cornerstone Communities sold almost every home in its portfolio in 2021, clearing the way for several new residential communities that eventually will supply at least 630 more homes
Partnership Acquires 150-Unit Multifamily Community in Phoenix PHOENIX (February 7, 2022) — Tokyo-based Nippon Steel Kowa Real Estate Co., Ltd. (“NSKRE”), advised by Metzler Real Estate, has re-entered the U.S. real estate market in a joint venture with Denver-based Continental Realty Assets, Ltd. (“CRA”), a subsidiary of Continental Realty Group. The partnership acquired Arrive Fountain
NSKRE Re-enters U.S. Market with Continental Realty Group Read More »
Busy Central Valley Developer to Build 175 New Single-Family Homes DINUBA, Calif. – January 11, 2022 – San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital recently closed on land in northwest Dinuba, Calif., in Tulare County, where they will build 175 single family, detached homes in a new community named Montebella. Located at
Industry Veteran Joshua Callahan Joins San Francisco Private Equity Firm SAN FRANCISCO (January 10, 2022) – The Roxborough Group – a real estate private equity firm – has appointed Joshua Callahan as managing director of asset management. In this newly created role, Callahan will work from Roxborough’s San Francisco headquarters and lead Roxborough’s asset
The Roxborough Group Appoints New Managing Director, Asset Management Read More »
Commercial Real Estate Investment Firm Plans to Acquire Over 1,500 Units in the Albuquerque MSA Over the Next 18 Months ALBUQUERQUE/SAN DIEGO — San Diego-based Tower 16 Capital Partners has acquired a four-property portfolio, totaling 572 units in Albuquerque, N.M. The property was acquired from Greenwater Investments for an undisclosed price.
Acquisition is the second in Las Vegas MSA over the past seven weeks for Irvine-based firm Irvine – SB Real Estate Partners (SBREP) has made its second multifamily investment in the Las Vegas MSA over the past seven weeks with the $73.1 million off-market acquisition of St. Croix Apartments, a 256-unit garden-style community in Las Vegas, Nevada. The
Commercial Real Estate Investment Firm Has Acquired Its Seventh Property in Phoenix PHOENIX/SAN DIEGO — San Diego-based Tower 16 Capital Partners has acquired Park 67 Apartments, a 160-unit multifamily property located in Glendale, Ariz., for $30.4 million. The Park 67 Apartments project was built in 1973 and was acquired from a private seller.
A Community of 163 Townhomes Designed for Young and Maturing Family Renters IRVINE/WILDOMAR Calif. –December 7, 2021 –The Hoffman Company, a leader in the land brokerage industry based in Irvine, recently closed the sale of a 26-acre parcel of land envisioned for a new build-to-rent townhome community in Southwest Riverside County.