News

Tower 16 Capital Partners Acquires a 330-Unit Multifamily Property in the Inland Empire for $85 Million

Commercial Real Estate Investment Firm Has Acquired Its Seventh Property in the Inland Empire MORENO VALLEY/SAN DIEGO — San Diego-based Tower 16 Capital Partners has acquired Sorelle Apartments, a 330-unit multifamily property located in Moreno Valley, Calif., for $85 million. The Sorelle Apartments project was built in 1986 and was acquired from a private seller

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Van Daele Homes and Presidio Residential Capital Acquire Land in South Jordan, Utah, in Daybreak Master-planned Community

Van Daele Homes and Presidio Residential Capital Acquire Land in South Jordan, Utah, in Daybreak Master-planned Community Axis at North Station to Offer 77 Townhomes Near Salt Lake City  SOUTH JORDAN, Utah – Van Daele Homes and Presidio Residential Capital have purchased a parcel of land within the 4,200-acre master-planned community Daybreak in South Jordan,

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Tower 16 Capital Partners Acquires a Two-Property, 332-Unit Multifamily Portfolio in Phoenix for $55 Million

Commercial Real Estate Investment Firm Plans to Spend Close to $6 Million to Renovate the Properties SAN DIEGO –  Tower 16 Capital Partners has acquired a two-property multifamily portfolio consisting of 332 units in the greater Phoenix area for $55 million. Summerhill Place Apartments is in Glendale, Ariz., and consists of 232 units built in

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Williams Homes and Coastal Community Builders to Build New Multifamily Communities in San Luis Obispo, Calif.

CCB and Williams Homes Each to Build Multifamily Project in San Luis Ranch SAN LUIS OBISPO, Calif. –  Presidio Residential Capital has announced its plan for a collection of 296 townhomes, condominiums and efficiency condos at The Orchard, a multifamily neighborhood in the highly anticipated mixed-use development of San Luis Ranch in southwest San Luis

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Tower 16 Capital Partners Acquires Four Property Portfolio, Its First Multifamily Project in Albuquerque

Commercial Real Estate Investment Firm Plans to Acquire Over 1,500 Units in the Albuquerque MSA Over the Next 18 Months ALBUQUERQUE — 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.

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San Joaquin Valley Homes Ranks Among Top 100 Active Homebuilders in the Country

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Sales Remain Strong Despite Higher Mortgage Rates VISALIA, Calif. – San Joaquin Valley Homes (SJV Homes) has been recognized as one of the nation’s busiest homebuilders, ranking No. 97 on the prestigious Builder 100 List with 552 homes closed and annual revenue of $245 million in 2024. This is the seventh year that Central Valley

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