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Tower 16 Capital Partners Completes $43 Million | MultifamilyBiz.com - Vimarsana News

Tower 16 Capital Partners Completes $43 Million | MultifamilyBiz.com

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....

Tower 16 Capital Partners Acquires The Deco at Victorian Square, Its First Multifamily Project in Reno, Nevada, for $43 Million - Vimarsana News

Tower 16 Capital Partners Acquires The Deco at Victorian Square, Its First Multifamily Project in Reno, Nevada, for $43 Million

RENO, Nev. & SAN DIEGO, February 28, 2024--Tower 16 Capital Partners Acquires The Deco at Victorian Square, Its First Multifamily Project in Reno for $43 million, well below replacement cost.

Source: yahoo.com
Wine.com Celebrates 25 Years of Uncorking Joy - Vimarsana News

Wine.com Celebrates 25 Years of Uncorking Joy

/PRNewswire/ -- Wine.com, America's largest online specialty wine retailer, is marking its 25th anniversary this holiday season. Since its founding in December...

Second Avenue Announces JV Partnership and Property Management Agreement With Sculptor Real Estate - Vimarsana News

Second Avenue Announces JV Partnership and Property Management Agreement With Sculptor Real Estate

-- Second Avenue to Use Proprietary Investment Platform to Manage Additional 500 SFR Homes and Deploy Capital for the real estate business of Sculptor Capital Management -- TAMPA, Fla., June 19,... | June 19, 2023

Georgia man creates a sanctuary for veterans in crisis - Vimarsana News

Georgia man creates a sanctuary for veterans in crisis

One Gordon County man will not give up on veterans struggling with mental health.