Multifamily news in Development - Las Vegas
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Las Vegas Multifamily Wrap-Up – July 2020
Wood Partners JV delivers Henderson community. Dwight Capital provides $40 million HUD loan. Here is our July selection of Las Vegas must-knows.
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MODERNE Breaks Ground on Las Vegas SFR Project
The developer is building 185 homes within MODERNE at Centennial and expects the first phase to be ready by September.
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NAHB Forecasts Promising 2020 for Development
The positive apartment sector outlook was presented at IBS during Design + Construction Week.
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GTIS Teams With Southern Land for Vegas Project
Situated within a 61-acre vacant site in the core of the city, the 324-unit community is GTIS’s first investment in an Opportunity Zone.
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Top Multifamily Completions in Las Vegas
As rent growth remains among the strongest in the nation, developers are warming up to the metro’s suburban areas, expanding rental product in the area.
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Las Vegas Upscale Community Makes Debut
A joint venture subsidiary of TCI and Southern Properties Capital unveiled Abode at Red Rock, a 308-unit Class A apartment community in the Spring Valley area.
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Watt Cos., Schulman Properties Receive $41M Loan for Vegas Community
The developers join the large roster of companies delivering new homes in Olympia Cos.' 2,750-acre, $200 million master-planned project in southwestern Las Vegas.
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Henley, Tower 16 Launch Vegas Brand
The partnership will acquire multiple multifamily assets in the coming months, targeting value-add opportunities and applying renovations under the Altura brand. The first property is slated to open this summer under the new name.
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Partnership Debuts Affordable Housing Revamp in Vegas
Community Development Partners and BLVD Capital have opened Baltimore Gardens and Cleveland Gardens, two communities totaling 201 units. All apartments are restricted to low-income households.
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Pathfinder Completes Luxury Condos at Sky Las Vegas
The 390,000-square-foot Sky offers 409 units with a mix of one-, two- and three-bedroom floorplans. The building is conveniently located on the Las Vegas Strip.
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Top 10 Markets for Occupancy Growth
Despite unfavorable conditions, certain areas are deviating from the national trend and have seen an increase. Here is a list of the 10 markets with the greatest year-over-year growth in occupancy as of April 2017.
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Transcontinental Unveils Plans for $59M Sin City Project
The company has announced its newest development, The Abode Red Rock Apartments, which will total 308 units.
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$76M Student Housing Redevelopment Launched in Las Vegas
The Midby Cos. is investing in a 10-year, three-phase student housing redevelopment project, U District, that will be located on the UNLV campus.
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JV Bets on Apartment Community Near Reno
PCCP provided a $28.2 million loan to Sunroad Enterprises, Security Properties and Loma Linda University to acquire and renovate a Class A apartment community in a Reno, Nev., submarket.
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Presidio/Summit JV Shows Sixth Sense
New Las Vegas community taking shape in Rural Neighborhood Preservation.