Deals - Las Vegas
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Security Properties Buys $43M Vegas Asset
Martinique Bay received renovations to 91 of its units before being sold off to Security Properties. The company plans to add value to the property by improving the rest of the units and also add exterior upgrades.
07 December 2017 16:34 -
Berkadia Facilitates $15M Vegas Sale
Desert Palms North Apartments was built in 1992 and features mixed unit types, ranging in size from 520 to 975 square feet. According to Yardi Matrix data, monthly rent averages at $648.
19 October 2017 15:47 -
Las Vegas Asset Changes Hands
Berkadia arranged the sale of Emerald Park Apartment Homes, a 300-unit community. The buyer paid $95 per square foot, equating to a 5.5 percent cap rate.
19 October 2017 13:30 -
MG Properties Acquires $58M Vegas Community
The company purchased the 432-unit Bristol at Sunset from Kennedy Wilson. CBRE arranged a $39.4 million acquisition loan through Fannie Mae on behalf of MG Properties Group.
13 October 2017 14:25 -
Marcus & Millichap Duo Sells 2 in Las Vegas
Las Palmas and The Rubix traded for $39.3 million. New plans include capital improvements and focus on military housing.
05 October 2017 22:03 -
JLL Arranges 430-Unit Vegas Sale
Monogram Realty Trust sold Veritas Apartments in a transaction completed by JLL Vice Presidents John Cunningham and Charles Steele. Farnam Realty acquired the asset.
09 August 2017 12:57 -
Las Vegas Luxury Property Sells for $63M
Green Leaf Capital Partners acquired Volare Apartment Homes, a garden-style, Class A property. As of May 2017, the community was 91 percent occupied.
05 July 2017 16:24 -
29th Street Capital Buys Vegas Apartments
The company, which has purchased 15 multifamily properties over the past 12 months, also revealed plans to implement a $1.9 million capital improvement program to refurbish unit interiors, enhance the asset’s exterior and upgrade the amenity package.
04 May 2017 13:43 -
2-Community Sale Fetches MGPG $68M
The properties, located in Henderson and North Las Vegas, Nev., comprise 641 units. Both communities feature one-, two- and three-bedroom floor plans with high-end amenities.
07 April 2017 20:57 -
CDP Expands West Coast Portfolio
The company has acquired three affordable communities in Las Vegas and Salem, Ore.
10 March 2017 16:26 -
C&W Negotiates Sin City Sale
The company has arranged the sale of Portofino Villas, a 280-unit community.
28 February 2017 09:38 -
HFF Secures $26M Loan for Nevada Apartment Community
The company secured financing through Freddie Mac’s CME Program.
03 February 2017 16:57 -
The Siegel Group Grabs Sin City Apartment Community
The property that will be rebranded as Siegel Suite Boulder III marks the company;s third asset on Boulder Highway.
04 January 2017 14:45 -
JLL Finalizes $52M Sin City Sale
Loft 5, a 241-unit luxury multifamily asset, is located less than 15 minutes away from the Las Vegas Strip.
08 December 2016 16:59 -
Cushman & Wakefield Arranges $41M Sale in Sin City
The company secured the sale of two apartment communities totaling 500 units.
06 December 2016 14:47