News

The Hoffman Company Brokers 18-Acre Parcel in Riverside, California, for Mixed-Use Development

Property Slated for Multifamily, Retail, Dining, Proposed Hotel, Gas Station and More  RIVERSIDE, Calif. – The Hoffman Company, recently brokered the sale of a 482-unit apartment project on approximately 18 acres, part of a larger 35-acre mixed-use development called The Exchange being developed by the seller, AFG Development LLC. Located near the intersection of CA-60 and I-215 in Riverside, […]

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San Joaquin Valley Homes Closes on 3,000th Home

  Local Central Valley Homebuilder Presents Reedley, California, Homebuyers $3,000 Check  VISALIA, Calif. – Central California homebuilder San Joaquin Valley Homes (SJV Homes) has closed its 3,000th home and surprised new homeowners Jose Ramos and Melisa Silvas with a check for that same amount to celebrate this milestone for the nine-year-old local homebuilder. In addition

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San Joaquin Valley Homes and Presidio Residential Capital Close on Land in Visalia, Calif.

   VISALIA, Calif. – San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital are pleased to announce they recently closed on land in northeast Visalia, Calif., in Tulare County, where they plan to construct 138 single family, detached homes in a new community named Maplewood. Construction is slated to begin late 2022 with model

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Tower 16 Capital Partners Acquires a 180-Unit Multifamily Property in Albuquerque, N.M.

 Commercial Real Estate Investment Firm Has Acquired Its Fifth Property in Albuquerque ALBUQUERQUE/SAN DIEGO — San Diego-based Tower 16 Capital Partners has acquired Copper Ridge Apartments, a 180-unit multifamily property located in Albuquerque, N.M. The Copper Ridge Apartments project was built in 1972 and was acquired from an out-of-state seller for an undisclosed price.

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San Joaquin Valley Homes Earns Builder of Choice Award

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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Presidio Residential Capital Celebrates Successful Results in 2021

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.

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San Joaquin Valley Homes Reports Brisk Sales in 2021 With the Close of 449 New Homes

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

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Cornerstone Communities Ran Out of Homes to Sell Last Year and is Refilling Its Pipeline for a Hot San Diego Market in 2022

  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

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NSKRE Re-enters U.S. Market with Continental Realty Group

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

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San Joaquin Valley Homes and Presidio Residential Capital Close on Land in Northwest Dinuba, Calif.

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

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