David Saxe

Calvera Partners Acquires Fort Worth Multifamily Property

By David Saxe / September 18, 2023

Calvera Partners, recently acquired Saddlehorn Vista Apartments in Fort Worth, TX. This purchase is Calvera’s first acquisition in the Dallas-Fort Worth metro (DFW) and the final acquisition in its third value-add investment fund, the Multifamily Transformation Fund.

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Reimagined Library-Themed Apartments Complex Nets 65% Gain for Calvera Partners’ Investors

By David Saxe / November 11, 2021

Calvera Partners, a national real estate investor and operator, is pleased to announce the sale of the final building at “The Stacks”, a six-building apartment community located just blocks away from San Jose State University.

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Calvera Closes $31.6 Million U.S. Multifamily Value-Add Investment Fund

Calvera Closes $31.6 Million U.S. Multifamily Value-Add Investment Fund

By David Saxe / September 8, 2021

Calvera Partners, a national real estate investor and operator, is pleased to announce the closing of its latest multifamily value-add investment fund, The Calvera Multifamily Transformation Fund (“Fund 3”), with $31.6 million of equity commitments, surpassing its $30.0 million target.

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Calvera Targets $30 Million+ in Capital Commitments

By David Saxe / August 14, 2019

Calvera Targets $30 Million+ in Capital Commitments New Multifamily Transformation Fund Now Open to Accredited Investors August 14, 2019, San Francisco, CA — Calvera Partners, a leading Bay Area real estate investment firm, has launched its third discretionary private real estate fund, seeking more than $30 million in capital commitments from accredited investors. Open only…

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Multifamily Investor Sells Apartment Community in Hot Silicon Valley Market for Significant Gain

By David Saxe / April 20, 2016

SUNNYVALE, CA – Calvera Partners announced that it has sold the 42-unit Maude Gardens apartment building in Sunnyvale, CA for $14.8 million ($352,000/unit) to an undisclosed buyer. Calvera purchased the property in 2011 for $6.05 million. Upon taking ownership, Calvera re-branded the property and initiated their repositioning strategy under which they renovated the vast majority…

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Calvera Partners Acquires 5 Apartment Buildings in Downtown San Jose, CA

By David Saxe / January 14, 2015

Calvera Partners, LLC announced today that it has purchased 5 apartment buildings in downtown San Jose, CA through an affiliated entity. Closing of the 45-unit portfolio occurred in stages over the past two months due to having multiple sellers in addition to the off-market nature of the transaction. The properties are all located in close…

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Calvera Partners Sells Multifamily Community in Santa Clara

By David Saxe / June 20, 2014

Calvera Partners sold the 14-unit apartment complex known as The Green House Apts. for $3.045 million, or about $218,000 per unit. The 7,800-square-foot complex was built in 1958 and is located at 460 N. Winchester Blvd. in Santa Clara, CA. It is comprised of six studios, four one-bedroom/one-baths, and four two-bedroom/one-bath units. There was one…

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YLG Talks Starting Your Own Fund

By David Saxe / March 14, 2014

At the YLG Peer to Peer: Real Estate Entrepreneurship 101 workshop on March 6, 2014,  a crowd of young leaders filled a conference room to capacity to hear two of the founders of Calvera Partners, David Saxe and Brian Milovich, discuss their experience as start-up real estate investors.  Saxe, with a family history in real…

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