Presidio Residential Capital is a real estate investment company focused on the residential housing sector. Headquartered in San Diego, Calif., the firm provides capital in the form of joint ventures for the entitlement, development and build-out of for-sale residential projects throughout the Western United States.
Presidio has infused more than $1 billion into the economy to capitalize the housing industry. The firm’s goal is to fund an additional $250 million in capital for home-building projects in the Western United States through 2017. It currently has investments in Arizona, California, Nevada, Colorado, Idaho and Washington with current committed capital of $650 million focused on 95+ projects. The firm is affiliated with a privately held registered investment advisor specializing in alternative investment strategies who has a long history of investing in the home-building sector. Current assets under management total more than $2.5 billion.
A client since 2009, Higgs Fletcher & Mack partner Tim Waters has put his 40 years of expertise in real estate law alongside colleagues AnneElise Goetz and Ken Jones to work for this valued client. These have included assisting in negotiating and facilitating the legal aspects of joint venture, purchase and sale transactions, financing, construction, due diligence, acquisition and development contracts and operations.
“It’s a true privilege to work with the renowned company on a wide variety of issues,” said Waters. “The company’s executives foster a no-nonsense, ‘get-it-done’ culture in a streamlined organizational structure. Presidio’s entire team possesses an unmatched industry knowledge and experience in the residential real estate industry.”
To learn more, visit Presidio Residential Capital.