Diego Based Tower News Today

ENCINITAS, CA - 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, Nevada, market. The project was built in 2021 and acquired for $43 million, well below today’s replacement cost. “This marks our first acquisition in the Reno market and brings us back into Nevada where we previously owned a portfolio of 2,000 units,” said Tower 16 Co-Founder Tyler Pruett....

"I basically wanted to instil a culture of productivity," Aarstol told Insider. "Everything was focused on productivity." He said he had been using productivity tools to save time but not all his staff had been. So he decided to cut down hours by more than a third. Aarstol said that this would also better reflect the companys culture as a paddle-board startup. "We were going to live more authentically to our brand and by living it, we would sort of propel our brand," he said. So Aarstol create...