Tag: Tower 16 Capital

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.

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...
Park 67 Apartments

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...
Sorelle Apartments

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...
Solano Pointe Apartments

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...
Sienna Pointe Apartments

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...
IVilla Garden Apartments

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...
1333 Canyon project

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...
Summerhill Place Apartments

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....
Hillside Village Apartments

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...
District at Grand Terrace

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...
La Mirada Apartments

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,...
Sierra Vista Apartments

Tower 16 Capital Partners acquires Sierra Vista apartments in Tucson, Arizona

San Diego-based Tower 16 Capital Partners, in partnership with Drake Real Estate Partners, has acquired Sierra Vista Apartments, a 258-unit multifamily project in Tucson,...
Joe Anfuso

Tower 16 Capital Partners hires Joe Anfuso as asset manager of $250 million portfolio...

Encinitas-based Tower 16 Capital Partners announced it has hired Joe Anfuso, a 15-year veteran in the real estate investment industry, as an asset manager...
Altura at Tropicana Exterior

Tower 16 Capital Partners sells Altura on Tropicana Apartments in Las Vegas, Nevada

San Diego-based Tower 16 Capital Partners has successfully sold Altura on Tropicana, a 512-unit multifamily project in Las Vegas, after an 18 month hold...

Tower 16 Capital Partners acquires Lilly Garden Apartments, its first multifamily project in Phoenix,...

San Diego-based Tower 16 Capital Partners, in partnership with HG Capital, has acquired Lilly Garden Apartments, a 180-unit multifamily project in Phoenix. The property...

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