{"id":20255,"date":"2026-09-09T01:15:42","date_gmt":"2026-09-09T06:15:42","guid":{"rendered":"https:\/\/1reason.com\/re\/tower-real-estate-partners-expands-southern-california-multifamily-portfolio-with-long-beach-acquisition\/20255\/"},"modified":"2026-09-09T20:15:42","modified_gmt":"2026-09-10T01:15:42","slug":"tower-real-estate-partners-expands-southern-california-multifamily-portfolio-with-long-beach-acquisition","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/tower-real-estate-partners-expands-southern-california-multifamily-portfolio-with-long-beach-acquisition\/20255\/","title":{"rendered":"Tower Real Estate Partners Expands Southern California Multifamily Portfolio with Long Beach Acquisition"},"content":{"rendered":"<div> The transaction is TREP\u2019s second multifamily acquisition since launching in January 2026 and brings the firm\u2019s portfolio to 22 units and approximately $5 million in assets under management.  <\/p>\n<p align=\"center\"><img loading=\"lazy\" height=\"425\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" width=\"797\" data-dpi=\"96\" data-filename=\"image1.png\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/Resource\/Download\/47dc9e4a-9a42-46ca-99f1-5ad43e2a778d\/image1.png\"><\/p>\n<p align=\"center\"><i>Tower Real Estate Partners\u2019 13-unit multifamily acquisition at 939 Pacific Avenue in Long Beach, California.<\/i><\/p>\n<p>The acquisition follows TREP\u2019s first multifamily closing in May 2026 and advances the firm\u2019s strategy of building a portfolio of workforce housing investments across Southern California. TREP partnered with Luke Curran of Chester Capital on the acquisition.<\/p>\n<p><i>\u201cWe continue to see compelling opportunities across Southern California as higher capital costs and a challenging refinancing environment create attractive entry points in the multifamily market,\u201d said Edgar De La Torre of Tower Real Estate Partners. \u201cOur focus remains on acquiring well-located assets at an attractive basis where active ownership and local execution can drive durable long-term value.\u201d<\/i><\/p>\n<p>TREP was founded to bring an institutional investment framework to middle-market multifamily opportunities across Southern California, with a focus on well-located assets where disciplined acquisition basis, property-level fundamentals and hands-on management can support long-term value creation. The firm believes smaller, operationally intensive multifamily properties can offer attractive opportunities, particularly where they fall outside the mandate of larger institutional buyers.<\/p>\n<p><i>\u201cAs we grow the portfolio, we intend to remain highly selective and consistent in our investment approach,\u201d De La Torre said. \u201cWe are actively pursuing additional multifamily acquisitions across Southern California and continuing to build relationships with brokers, investors, lenders and strategic capital partners who share our conviction in the market.\u201d<\/i><\/p>\n<p>For acquisition opportunities and partnership inquiries, contact TREP at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=5QZoG5U85koS1zmvw4fB13tvXe9AXvQp-RC0R3AFi1z17Gpb6IPRYa_jiDsHF_W-c4ETULedFrDBbX57vcpcb-HYMX3slNdMpsBvmLAoLMc=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"deals@towerrep.com\">deals@towerrep.com<\/a>. Additional information about Tower Real Estate Partners is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=dyU471GlDZEgVmqo8cADnKbPKpjfYCKUkPC9GcIbochLZw78stjsOvWlzX21FlrunYYrv0-OFkg4C8D2LZWEFg==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"towerrep.com\">towerrep.com<\/a>.<\/p>\n<p><b>About Tower Real Estate Partners<\/b><\/p>\n<p>Tower Real Estate Partners is a Southern California-focused real estate private equity firm investing in middle-market multifamily and workforce housing. The firm targets well-located properties where disciplined acquisition basis, strong property-level fundamentals, hands-on management and strategic repositioning can drive long-term value. Since launching in January 2026, TREP has completed two multifamily acquisitions totaling 22 units and approximately $5 million in assets under management.<\/p>\n<p align=\"center\"><img loading=\"lazy\" height=\"126\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" width=\"294\" data-dpi=\"220\" data-filename=\"image2.png\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/Resource\/Download\/efa0685e-59ad-4361-b271-c946fd0a729b\/image2.png\"><\/p>\n<p align=\"center\">Tower Real Estate Partners (TREP)<\/p>\n<p><b><br \/><\/b><\/p>\n<p><b>Media Contact<br \/><\/b>Company Name: Tower Real Estate Partners<br \/>Contact Person: Edgar De La Torre<br \/>Phone: (714) 414-2588<br \/>Country: United States<br \/>Website: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=TeZUrQlCnVVxZKYLSJaQB4-S36Pq2QL5g3ArHYtMxJzc6wmjbOuroo-GVDMYuECA2THV2JprjAQ4xVvNMcqvd5yoR8_3FD0oAU74TTfPgb4=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\">https:\/\/towerrep.com\/<\/a><\/p>\n<pre>CONTACT: Media Contact&#013;\nCompany Name: Tower Real Estate Partners&#013;\nContact Person: Edgar De La Torre&#013;\nPhone: (714) 414-2588&#013;\nCountry: United States&#013;\nWebsite: https:\/\/towerrep.com\/<\/pre>\n<p><img alt=\"\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/media\/YTk3ZGZkNDQtZTA3My00OGI3LWFjMTYtMDE4MWExYTk5YjQyLTUwMDE2NzUyMS0yMDI2LTA5LTA4LWVu\/tiny\/Tower-Real-Estate-Partners.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p>Firm completes second acquisition since launch, growing portfolio to 22 units and approximately $5 million in assets under management<\/p>\n<p>LOS ANGELES, CA, Sept. 07, 2026 (GLOBE NEWSWIRE) &#8212; Tower Real Estate Partners (TREP), a Southern California-focused real estate private equity firm, has completed the acquisition of a 13-unit apartment community at 939 Pacific Avenue in Long Beach, California.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/20255"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=20255"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/20255\/revisions"}],"predecessor-version":[{"id":20256,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/20255\/revisions\/20256"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=20255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=20255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=20255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}