News

  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 […]

  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.

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 – December 7, 2021 – Van Daele Homes and Presidio Residential Capital have purchased a parcel of land within the 4,200-acre master-planned community

  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

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.

  Central Valley Developer Will Build 94 Single-Family Homes San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital closed on land in southeast Visalia, Calif., in Tulare County, where they will build a new single family, detached home community called Vista del Sol. Located at the southeast corner of K Avenue and Pinkham Street

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