Tower 16 Capital Partners, LLC is a commercial real estate investment and management company focused on acquiring and managing value-add investments in the Western United States. Headquartered in Carlsbad, Calif., Tower 16 was founded by principals Mike Farley and Tyler Pruett who have over 40 years of combined institutional real estate experience with an emphasis on value-add investing. The principals currently have a growing multifamily portfolio of $300 million of assets under management.
Tag: Tower 16 Capital
Tower 16 Capital Partners in Partnership with Raith Capital Partners Acquires Ascend on Glendale...
San Diego-based Tower 16 Capital Partners in partnership with Raith Capital Partners has successfully acquired Ascend on Glendale, a 216-unit multifamily property located near...
Tower 16 Capital Partners Secures $128M Refinancing on Ardella Four-Property Multifamily Portfolio
San Diego-based Tower 16 Capital Partners has successfully closed on a $128 million refinancing of a four-property multifamily portfolio comprising nearly 1,000 units across...
Tower 16 Capital Partners Acquires The Deco at Victorian Square for $43 Million Its...
San Diego-based Tower 16 Capital Partners has successfully acquired The Deco at Victorian Square, a 209-unit multifamily property located in the rapidly growing Reno,...
Tower Capital arranges $88.5 million in construction financing for another Empire Group BTR community...
Tower Capital, one of the nation’s leading structured finance firms in the commercial real estate lending space, arranged $88.5 million in construction financing for...
Tower 16 Capital Partners acquires four property portfolio, its first multifamily project in 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...
Tower 16 Capital Partners acquires a 160-unit multifamily property in Phoenix for $30.4 million
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...
Tower 16 Capital Partners acquires a 330-unit multifamily property in the Inland Empire for...
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...
Tower 16 Capital Partners acquires two multifamily properties in Phoenix for $78.5 million
San Diego-based Tower 16 Capital Partners has acquired two properties across two separate transactions totaling 508 units in Phoenix, Ariz., for a total of...
Tower 16 Capital Partners acquires a two-property, 504-unit multifamily portfolio in the Inland Empire...
San Diego-based Tower 16 Capital Partners has acquired a two-property multifamily portfolio consisting of 504 units in Moreno Valley, Calif., for $107.2 million. The...
Tower 16 Capital Partners announces the sale of IVilla Garden Apartments for $30 million...
Tower 16 Capital Partners has sold IVilla Garden Apartments, a 214-unit multifamily project in Phoenix, for $30 million. The property was purchased by Tower...
Tower 16 Capital Partners acquires a two-property, 214-unit multifamily portfolio in the Inland Empire...
San Diego-based Tower 16 Capital Partners has acquired a two-property multifamily portfolio consisting of 214 units in Colton, Calif., for $41 million. The 1333...
Tower 16 Capital Partners acquires a two-property, 332-unit multifamily portfolio in Phoenix for $55...
San Diego-based Tower 16 Capital Partners has acquired a two-property multifamily portfolio consisting of 332 units in the greater Phoenix area for $55 million....
Tower 16 Capital Partners announces the sale of Hillside Village Apartments for $16.5 million
Tower 16 Capital Partners has sold Hillside Village Apartments, an 80-unit multifamily project in San Bernardino, for $16.5 million. The property was purchsed in...
Tower 16 Capital Partners sells The District at Grand Terrace in Colton, California, for...
San Diego-based Tower 16 Capital Partners has successfully sold The District at Grand Terrace, a 352-unit apartment project located in Colton, Calif. The property...
Tower 16 Capital Partners, in partnership with Drake Real Estate Partners, acquires La Mirada...
San Diego-based Tower 16 Capital Partners, in partnership with Drake Real Estate Partners, has acquired La Mirada Apartments, a 201-unit multifamily project in Tucson,...
