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Two Presidio Residential Capital Builders Earn Spots on Top Nationwide Homebuilder List

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Central California Builder San Joaquin Valley Homes Breaks Top 100 Presidio Residential Capital, a San Diego-based real estate development management company, is thrilled to announce two of its California joint venture partners have been named to Builder’s Top 100 and The Next 100 lists, the housing industry’s premier ranking of the nation’s most active homebuilders. […]

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

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

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Partnership Acquires 150-Unit Multifamily Community in Phoenix PHOENIX — 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 Hills, a 150-unit

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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

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With Housing Inventory Lower Than It Has Been in Decades,  Residential Builders Anticipate Another Seller’s Market This Year  LA JOLLA, Calif. – Cornerstone Communities sold almost every home in its portfolio last year, clearing the way for several new residential communities that eventually will supply at least 630 more homes for sale in San Diego

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SB Real Estate Partners acquires multifamily community in Las Vegas, Nevada for $73.1 million

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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

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Tower 16 Capital Partners Acquires a 160-Unit Multifamily Property in Phoenix for $30.4 Million

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 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.

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California Developer Sancerra Communities Launches its Build-For-Rent Platform with the Acquisition of 26 Acres in Southwest Riverside County

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A Community of 163 Townhomes Designed for Young and Maturing Family Renters  IRVINE/WILDOMAR Calif.  –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.

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

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Multifamily Investment Firm Purchases 124-unit Apartment Community for $46.2 Million  REDLANDS, Calif. — SB Real Estate Partners “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.

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Tailwind Investment Group And The Roxborough Group Acquire Value-Add Multifamily Asset In High Growth Inland Empire Market

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197-Unit The Vue Property Sourced Off-Market Will Undergo $3 Million in Capital Improvements  NEWPORT BEACH, Calif. – Tailwind Investment Group — a Newport Beach-based privately held commercial real estate investment management company focused on value-add and core-plus multifamily investments in the Western U.S. — and The Roxborough Group – a real estate private equity firm based

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