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.
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
Local Valley Homebuilder Presents a $500 Check to One Recent Homebuyer in Each of its 13 Communities VISALIA, Calif. – San Joaquin Valley Homes (SJV Homes) has closed its 3,500th home in under 10 years in the homebuilding business. To commemorate this milestone, SJV Homes is recognizing a recent homebuyer in each neighborhood with a $500 check.
San Joaquin Valley Homes Closes on 3,500th Home Read More »
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
Developers like Wood Partners’ Todd McCulloch Help Actualize Multifamily Impact on Local Economies.
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,
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
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
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.
Brandywine Homes, a respected builder of fine homes in Southern California Since 1944, has taken its reputation for fine craftsmanship to new heights with the establishment of a custom home division.
Delivering on Dream Home Design Read More »