Mike Farley

Mike Farley is a Principal and Co-Founder of Tower 16 Capital Partners, a commercial real estate investment and management company based in Encinitas, California.12 He has extensive experience in the real estate industry, with a career spanning over two decades.

Professional Experience

At Tower 16 Capital Partners, which he co-founded in June 2017, Farley oversees all operations and capital activities.2 The company focuses on acquiring and managing value-add and opportunistic investments in the Western United States, with a current emphasis on Class B & C multifamily projects.3

Prior to founding Tower 16, Farley held several notable positions:

• Managing Director, Real Estate Group at Rialto Capital Management (April 2010 - May 2017)1
• Vice President of Land Acquisition & Development at Lennar (November 2004 - December 2008)1
• Senior Associate in Corporate Finance at Arthur Andersen (January 1999 - June 2003)1
• Analyst at Prudential Financial (January 1998 - December 1999)1

Education

Farley has a strong educational background in business and finance:

• MBA from the University of San Diego (2009 - 2012)1
• Bachelor of Science in Business Administration with an emphasis in Finance from USC Marshall School of Business (1993 - 1997)1

Achievements and Company Growth

Under Farley's leadership, Tower 16 Capital Partners has experienced significant growth since its founding in 2017. The company has acquired approximately 6,800 apartment units, representing over $1.06 billion in acquisition value.3 In July 2024, the company secured a $128 million refinancing on a four-property portfolio, demonstrating its continued success in the real estate market.4

Farley's expertise, combined with that of his co-founder Tyler Pruett, amounts to over 45 years of combined institutional real estate experience. They have managed, repositioned, and developed over 325 properties with a combined market value exceeding $3.0 billion.3