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News

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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Tower 16

October 15, 2018

Tower 16 Capital, Henley USA Joint Venture Continue Vegas Expansion

GlobeSt.com

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Tower 16

October 3, 2018

Tower 16 Capital Partners Buys 540-Unit Cornerstone Crossing Apartments in Las Vegas for $49.7M

REBusinessOnline

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Tower 16

October 3, 2018

JV Acquires Las Vegas Community for $50M Tower 16 Capital Partners and Henley USA purchased a 540-unit multifamily project that Tower 16 will spend $7 million to upgrade.

Multi-Housing News

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Tower 16

October 3, 2018

Tower 16 Acquires Third Multifamily Complex in Las Vegas

CoStar

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Tower 16

October 2, 2018

San Diego Firm Buys Las Vegas Apartments

San Diego Business Journal

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Tower 16

July 25, 2018

Tower 16 Capital Partners Continues Las Vegas Area Expansion, Acquires 512-Unit Apartment Community in Spring Valley

Construction Dive

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Tower 16

July 24, 2018

Tower 16 Capital Partners Continues Las Vegas Area Expansion with 512-Unit Acquisition in Spring Valley

MultifamilyBiz.com

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Tower 16

July 23, 2018

$50M Off-Market MF Deal Completed in Las Vegas

Connect Group Media, Inc.

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Tower 16

July 20, 2018

Tower 16 Capital Partners Continues Las Vegas Area Expansion, Acquires 512-Unit Apartment Community in Spring Valley

Multifamily Press

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Tower 16

July 20, 2018

California investors buy Las Vegas apartment complex for $50M

Las Vegas Review-Journal

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Tower 16

July 9, 2018

Henley Tower 16 Buys 512 Unit Multifamily Community in Las Vegas’ Spring Valley Submarket

REBusinessOnline

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Tower 16

July 9, 2018

Henley Lead Partnership Acquires 512 Unit Multifamily Community in Southwestern Las Vegas Submarket

MultifamilyBiz.com

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Tower 16

July 6, 2018

Henley Tower 16 acquires Las Vegas multi family community

PE Hub

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Tower 16

July 6, 2018

Henley USA adds 500 multi family units in Las Vegas to portfolio

IPE Real Assets

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Tower 16

July 5, 2018

Henley hits jackpot with multi family buy in Las Vegas

Property Week

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  • 687 S. Coast Highway 101,
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    Encinitas, CA 92024

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  • info@tower16capital.com

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    TEAM MEMBER

    Title

    Employee Bio

    MEGAN GIL

    Asset Manager

    Megan Gil joined Tower 16 Capital Partners in early 2022 as an Asset Manager. Her key responsibilities include financial and operational management of the Company’s multifamily assets located in Southwest United States.

    Ms. Gil has over 10 years of experience servicing the multi-family industry in both affordable and market rate housing. Prior to joining Tower 16, Ms. Gil worked as an Asset Manager at Community Development Partners, an affordable housing developer.

    Prior to Community Development Partners, Ms. Gil worked for two of the nation’s largest property management companies, Greystar Real Estate Partners, and FPI Management, where she was responsible for overseeing the day-to-day operations of high-profile communities throughout Southern California.

    Ms. Gil graduated with a Bachelor’s degree in Economics and Accounting from University of California Santa Barbara.

    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.

    THOMAS MASSIE

    Director of Construction

    Thomas Massie serves as Construction Manager for Tower 16 Capital Partners and is responsible for the oversight and management of all capital improvement projects within the Company’s portfolio. In addition, Thomas participates in the due diligence process for all the Company’s acquisitions including analysis of future capital needs.

    Before joining Tower 16 Capital Partners, Thomas served as Construction Manager for BH Management Services where he managed over $40 million in capital improvement projects, as well as overseeing all BH’s green initiatives across the US.

    Thomas received his Bachelor’s Degree in Business Administration and his Masters in Project Management from Villanova University.

    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.

    BRETT KELLY

    Asset Management Analyst

    Brett Kelly is an Asset Management Analyst for Tower 16. His key responsibilities include preparation of monthly reports at a portfolio and asset level, monitoring of partner and lender requirements and special projects for the senior management team. Prior to joining the firm, Brett worked as an analyst in corporate finance at NuVasive, a San Diego based biotech company. During his time at NuVasive, Brett partnered with the internal departments to build, manage and report out on their budgets, helping the company hit OpEx targets through streamlined operations across the teams.

    Mr. Kelly grew up in Washington state and moved to San Diego to attend Point Loma Nazarene University where he received a Bachelor’s degree in Finance and served as President of the Finance and Investment Society.

    REED LEVESQUE

    Acquisitions Analyst

    Reed Levesque joined Tower 16 in 2021 as an Acquisitions Analyst. Reed’s responsibilities include underwriting, financial modeling, market research and due diligence. Additionally, Mr. Levesque assists the operations team with asset management and reporting.

    Prior to joining the firm, Reed served as an Investment Operations Specialist for Hall Capital Partners, a New York based investment management company. During his time at Hall Capital Partners Reed worked closely with the Portfolio Management and Pooled Vehicles teams to ensure the timely and seamless execution of investment transactions for high-net-worth clients.

    Mr. Levesque attended Kenyon College, where he received his Bachelor’s degree in History. While at Kenyon, he was a four-year member of the varsity lacrosse team and served as President of the Student Athlete Advisory Council.

    SCOTTY SINKS

    Senior Analyst

    Scotty Sinks joined Tower 16 Capital Partners in 2018. Mr. Sinks helps research new target markets and analyze investment and acquisition opportunities. He also works closely with the operations team to help manage the operations of Tower 16’s existing assets.

    Mr. Sinks grew up in Point Loma and is a third generation San Diegan. He received his Bachelor’s degree in both Finance and Marketing from Boston College, where he was also a two-time All-American and a National Champion on the Varsity Sailing Team.

    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.