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Tower 16

March 29, 2021

Tower 16 Capital Partners and Drake Real Estate Partners Acquires 201-Unit La Mirada Apartment Community in Tucson, Arizona

MultifamilyBiz

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Tower 16

December 11, 2020

Joint Venture Picks Up 258-Unit Apartment Complex in Tucson

CoStar

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Tower 16

December 4, 2020

Tower 16 Capital Partners and Drake Real Estate Acquire 258-Unit Sierra Vista Apartment Community in Tucson, Arizona

MultifamilyBiz

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Tower 16

December 3, 2020

Tower 16 Buys Arizona Apartments

San DIego Business Journal

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Tower 16

December 2, 2020

Tower 16 JV Buys 258-Unit Tucson Property

Multi-Housing News

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Tower 16

November 24, 2020

450-unit apartment complex in Aurora sells for $68.45M

Denver Business Journal

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Tower 16

November 24, 2020

450-unit apartment complex in Aurora sells for $68.45M

Denver Business Journal

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Tower 16

November 23, 2020

JV Acquires 450-Unit Denver Property

Multi-Housing News

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Tower 16

November 20, 2020

Tower 16 Acquires First Multifamily Project in Denver

MultiFamily Executive

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Tower 16

November 20, 2020

Tower 16 Capital Partners Acquires Fairways at Lowry Apartments, Its First Multifamily Project in Denver

Cision

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Tower 16

July 23, 2020

Tower 16 Capital Partners Hires Joe Anfuso as Asset Manager of $250 Million Portfolio of Multifamily Properties

Cision

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Tower 16

March 16, 2020

SD’s Tower 16 Hits LV Jackpot with $35M Multifamily Sale

Connect California

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Tower 16

March 12, 2020

Las Vegas Apartments Sold for 35.5Mln

Commercial Real Estate Direct

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Tower 16

March 12, 2020

Tower 16 Sells Las Vegas Apartments for 35.5M

San DIego Business Journal

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Tower 16

January 9, 2020

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

MultifamilyBiz

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Tower 16

January 7, 2020

NKF Brokers Sale of Las Vegas Multifamily

Connect

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Tower 16

January 7, 2020

JV Sells Las Vegas Community for $79M

Multi-Housing News

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Tower 16

January 2, 2020

Lilly Garden Becomes Cali Investor’s First Phoenix Buy

Connect

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Tower 16

December 27, 2019

Tower 16 Capital Partners Acquires 180-Unit Lilly Garden Apartments, Its First Multifamily Project in Phoenix, for $11.7 million

MultifamilyBiz

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Tower 16

December 23, 2019

Tower 16 Capital Partners Acquires Lilly Garden Apartments, Its First Multifamily Project in Phoenix, for $11.7 Million

Multifamily Press

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Tower 16

December 23, 2019

Carlsbad Firm Buys Phoenix Apartments for $11.7M

San Diego Business Journal

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Tower 16

August 1, 2019

Tower 16 JV Expands Vegas Multifamily Footprint

Multi-Housing News

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Tower 16

July 29, 2019

Tower 16 Capital Continues to Expand in Las Vegas

GlobeSt.com

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Tower 16

July 29, 2019

Tower 16 Capital, Henley Investments Acquires Five89 Apartments in Las Vegas for $32.5M

Rebusiness Online

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Tower 16

July 28, 2019

Tower Capital 16 Buys Las Vegas Apartment Complex For $32.5M

San Diego Business Journal

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Tower 16

June 4, 2019

Tower 16 Buys Colton Apartment Complex San Diego Business Journal

San Diego Business Journal

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Tower 16

June 4, 2019

Tower 16 Capital Partners Buys Inland Empire Community for $63M

MULTI-HOUSING NEWS

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Tower 16

June 4, 2019

Tower 16 Picks Up San Bernardino Apartments for $63M Globe St

GlobeSt.com

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Tower 16

January 18, 2019

Tower 16 Capital Partners Purchases Hillside Village Apartments, Its First Multifamily Project in Inland Empire, for $11 Million

Inland Empire Business Journal

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Tower 16

January 16, 2019

Inland Empire, The Next Hotspot for Workforce Housing Investment

GlobeSt.com

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Tower 16

January 14, 2019

Tower Capital Partners Buys San Bernardino Apartments For $11M

San Diego Business Journal

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Tower 16

December 7, 2018

Tower 16 Acquires 4th Las Vegas Property for $30M

Multi-Housing News

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Tower 16

December 3, 2018

Tower 16 Capital Partners Buys 314-Unit Evergreen Apartments in Las Vegas for $29.5M

Rebusiness online

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Tower 16

October 17, 2018

Ex-Rialto Capital Execs Form Company to Pursue Value-Add Apartments in Western U.S.

Commercial Real Estate Direct

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Tower 16

October 15, 2018

Southern Calif. firm buys Las Vegas complex for almost $50M

Las Vegas Review-Journal

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    LORENZO WALLER

    Asset Manager

    Lorenzo Waller joined Tower 16 as an Asset Manager in 2024. Mr. Waller manages the day-to-day operations of multifamily properties across the portfolio in Arizona, California, Nevada, and New Mexico, executing both value-add and stabilized business plans.

    Before joining Tower 16, Mr. Waller worked in Asset Management at Reliant Group in San Francisco, where he oversaw a portfolio of market rate and affordable multifamily properties across Washington, California, and New Mexico. Managing value-add renovations, new development projects, and stabilized sites, Mr. Waller has experience operating multifamily assets as well as managing associated construction and development projects.

    Mr. Waller attended California Polytechnic State University in San Luis Obispo, where he received a Bachelor’s Degree in Economics & Political Science.

    OWEN BOSS

    Financial Analyst

    Owen Boss is a Financial Analyst at Tower 16 and joined the firm in 2024. Mr. Boss assists with asset management and treasury activities, including maintaining asset management models, generating comprehensive asset reports for stakeholders, and providing ad hoc analysis to support team decision-making processes.

    Prior to joining Tower 16, Mr. Boss was a Financial Analyst at Genton Cockrum Partners, a multifamily real estate developer based in Los Angeles. There, he focused on financial modeling and analysis specific to the multifamily real estate sector.

    Mr. Boss holds a Bachelor of Science in Corporate Finance and Accounting from Clemson University.

    Brittany McBride

    Project Coordinator

    Brittany McBride is a Project Coordinator at Tower 16 and joined the firm in 2022. Ms. McBride plays an integral role in the Construction Management department, including renovation management, purchasing and contract negotiations, as well as deferred maintenance tracking throughout the portfolio.

    Prior to joining Tower 16, Ms. McBride held various management and supporting roles with construction and subcontractor companies throughout Southern California.

    DAVE MCCLAIN

    Director of Acquisitions

    Dave McClain serves as Director of Acquisitions for Tower 16 Capital Partners and joined the Company in 2021.  Mr. McClain is responsible for oversight and management of the Company’s acquisition and investment activity.

    Before joining Tower 16 Capital Partners, Mr. McClain served as an Associate for Rockpoint Group where he was involved in Rockpoint’s western United States investment and asset management activities. Prior to Rockpoint, Mr. McClain worked at Morgan Stanley in the Real Estate Investing Group where he focused on acquisitions and asset management activities across the western United States. Prior to Morgan Stanley, Mr. McClain worked at Hillcrest Finance in the Originations group where he focused on underwriting, due diligence and originations of mezzanine loans and preferred equity investments across the United States.

    Mr. McClain received a B.B.A. in Real Estate & Urban Land Economics and Marketing from the University of Wisconsin – Madison where he was also a member of the Men’s Varsity Rowing Team.

    JOE ANFUSO

    Director of Asset Management

    Joe Anfuso joined Tower 16 Capital Partners in 2020 as an Asset Manager. His responsibilities include oversight and management of the Company’s multifamily assets located in Southwest United States. Mr. Anfuso plays a critical role in the initial acquisition of assets, through property manager selection and oversight, asset reporting and the eventual sale of all investments.

    Mr. Anfuso has over 15 years of experience in real estate investment, development, and management during his career. Prior to joining Tower 16, Mr. Anfuso was the Director of Acquisitions and Asset Management for Presidio Residential Capital, a real estate private equity firm located in San Diego, CA.

    Mr. Anfuso graduated with a Bachelor’s degree in Finance from Northern Arizona University and a Master’s in Real Estate degree from the University of San Diego.

    JODI PEDO

    Construction Coordinator

    Jodi Pedo is a Construction Coordinator at Tower 16. In her role, Jodi is responsible for coordinating contracting, scheduling and vendor management for all of Tower 16’s construction activities. Jodi reports directly to the Director of Construction and worked closely with both asset management and accounting teams to ensure all construction projects are on-time and all vendors are compliant with Tower 16 policies.

    Prior to joining Tower 16, Ms. Pedo was a project coordinator for a San Diego based construction company where she focused on scheduling, coordinating and ensuring completion of projects located throughout San Diego. Jodi has held numerous construction related positions for several prominent builders in the San Diego area during her career. In addition, Jodi spent several years as a legal assistant and office manager for a prominent San Diego law firm.

    Jodi attended both Mira Costa and Palomar Colleges in San Diego and became a Notary Public in 2008.

    KAREN WEBB

    Senior Vice President of Finance

    Karen Webb joined Tower 16 Capital Partners in 2018. Ms. Webb has over 18 years of experience in Real Estate Finance. Prior to joining Tower 16, Ms. Webb was the Vice President of Finance for the Commercial Property Group (CPG) at Rialto Capital where she specialized in the integration of the accounting, asset management, and financial reporting of all CPG assets in the Rialto real estate investment platform.

    Prior to Rialto, Ms. Webb worked for Newland Communities, the country’s largest master-planned community developer, for over 15 years as the Regional Financial Manager responsible for the financial management of all of Newland’s west coast assets.

    Ms. Webb graduated from California State University San Marcos with a Bachelor’s degree in Business Administration with an emphasis in Accounting.

    TYLER PRUETT

    Principal

    Tyler Pruett is a Principal and Co-Founder of Tower 16 Capital Partners. At Tower 16, Mr. Pruett oversees all acquisitions and new investments. Prior to establishing Tower 16, Mr. Pruett was a Regional Vice President for Rialto Capital, a real estate private equity company and subsidiary of Lennar Corporation. As a key member of the team, Mr. Pruett was responsible for sourcing both multifamily and residential development investment opportunities throughout the Western United States.

    Prior to Rialto, Mr. Pruett spent several years with The Halifax Group, a consulting firm that specialized in real estate workouts and dispositions for Banks and Receivers during the last market downturn. Prior to Halifax Group, Mr. Pruett was with Lennar Corporation in their San Diego division. There Mr. Pruett was a Project Manager responsible for the entitlement and site development of several residential communities consisting of over 700 residential lots and over 100 acres of commercial land.

    Mr. Pruett graduated with a Bachelor’s Degree in Finance from Boston College and is a licensed real estate broker in the state of California.

    MIKE FARLEY

    Principal

    Mike Farley is a Principal and Co-Founder of Tower 16 Capital Partners. At Tower 16, Mr. Farley oversees all operations and capital raising efforts. Prior to starting Tower 16, Mr. Farley was a Managing Director with Rialto Capital where he headed their real estate group for the Western United States. Mr. Farley was responsible for management of the Company’s real estate investments from Denver to the West Coast, managing a team of twelve professionals focused on value-add commercial real estate investments and residential development projects.

    Prior to joining Rialto, Mr. Farley was the Regional Vice President of Acquisitions for Lennar’s San Diego homebuilding division between 2004 through 2009. From 1999 to 2003, Mr. Farley was an Associate with Arthur Andersen’s Global Corporate Finance Group based in Los Angeles, CA. During his time with Arthur Andersen, Mr. Farley advised companies on mergers, acquisitions and capital raising, working on projects both domestically and abroad. Mike began his career in 1997 as an analyst with Prudential Securities.

    Mr. Farley received a Bachelor’s Degree in Finance from the University of Southern California and an M.B.A. degree from the University of San Diego.