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Real Estate Fund Manager Penzance Acquires Four Multifamily Properties for $200 Million

Real Estate Fund Manager Penzance Acquires Four Multifamily Properties for $200 Million

by Phil Hall | Feb 2, 2026 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate fund manager Penzance announced its $200 million acquisition of four multifamily properties during the fourth quarter of 2025 that totals 1,100 units over 1.2 million square feet. The properties include the 318-unit Presley Oaks in Charlotte, North...
Neighborhood Ventures Debuts Fund to Acquire Distressed Multifamily Properties

Neighborhood Ventures Debuts Fund to Acquire Distressed Multifamily Properties

by Phil Hall | Jan 22, 2026 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Neighborhood Ventures, a Phoenix-headquartered multifamily real estate operator and investment firm, has launched Opportunistic Fund II, a $25 million vehicle aiming to acquire five to eight distressed multifamily properties across high-growth markets, including...
Multifamily Housing Proposed at Site of Shuttered Historic San Francisco Theater

Multifamily Housing Proposed at Site of Shuttered Historic San Francisco Theater

by Phil Hall | Jan 8, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The owner of a historic San Francisco theater that was shuttered since the pandemic plans to demolish the property and replace it with multifamily housing. SFGate reports Jesse Appleton had initially planned to restore and reopen the Empire Theater, which opened in...
Katherine McFadden to Direct Multifamily Programs at California Housing Finance Agency

Katherine McFadden to Direct Multifamily Programs at California Housing Finance Agency

by Phil Hall | Jan 6, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

The California Housing Finance Agency (CalHFA) has announced the appointment of Katherine McFadden to serve as director of multifamily programs. McFadden comes to CalHFA after more than six years at the nonprofit affordable housing developer Jamboree Housing...
Fort Point Real Estate Partners Launches with Portfolio of 40 San Francisco Properties

Fort Point Real Estate Partners Launches with Portfolio of 40 San Francisco Properties

by Phil Hall | Dec 11, 2025 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Fort Point Real Estate Partners, a San Francisco–based real estate investment firm, announced its official launch with the assembly of a 40-building portfolio of residential and mixed-use properties across San Francisco. The portfolio was aggregated over the last 12...
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