News Releases

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 […]

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

  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.