Multifamily news in Las Vegas
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Tower 16 JV Expands Vegas Multifamily Footprint
The firm partnered with Henley Investments, paying nearly $33 million for the Class B community. The deal marks the partnership’s fifth acquisition in the metro.
01 August 2019 12:48 -
CRA, Roxborough Group Sell Las Vegas Portfolio for $138M
The three apartment communities have a total of 1,194 units and were owned by the joint venture for almost three years.
10 July 2019 13:38 -
Waterton Re-Enters Vegas With $140M Buy
The firm’s portfolio acquisition includes 720 Class A units in two communities. CBRE provided the buyer with financing through Freddie Mac.
04 July 2019 09:33 -
Vegas Senior Living Community Trades for $19M
CBRE provided the buyer, ConAm Group, with acquisition financing for the purchase of the 113-unit, Class B asset located in Henderson.
04 July 2019 07:03 -
3D Investments Sells Las Vegas Apartments
The buyer of the 180-unit Class C multifamily asset financed the deal with a nearly $14 million Freddie Mac acquisition loan.
28 June 2019 17:21 -
Las Vegas Multifamily Report – Summer 2019
The metro’s affordability advantage, particularly compared to coastal California markets, adds to Las Vegas’ economic gains.
28 June 2019 12:14 -
JV Snags Student Housing in Texas, NV
TPCO will undertake a multi-million renovation for High View Place, which marks the company’s third acquisition in the San Antonio market in the past 12 months.
25 June 2019 14:58 -
Waypoint Residential Trades Vegas Student Housing
The buyer funded the $23 million acquisition of the 156-unit asset with more than $12 million in CMBS financing originated by Wells Fargo.
20 June 2019 10:15 -
Interwest Acquires Vegas Property for $21M
Interwest Capital Group financed the acquisition of the 100-unit Class A asset with a $12.6 million Freddie Mac loan, and RSE Capital Partners provided preferred equity.
13 June 2019 13:38 -
TruAmerica Buys $152M Las Vegas Property in Record Deal
The acquisition of Allanza at the Lakes represents the highest price paid for a single multifamily asset in Nevada history.
12 June 2019 13:32 -
Security Properties Expands Nevada Holdings
The Seattle-based company purchased The Edge at Traverse Point, a Class A property with 296 units located in Las Vegas’ Henderson submarket.
11 June 2019 13:21 -
Berkadia Wraps Las Vegas, DC Metro Deals Worth $92M
The company arranged a $63.2 million refinancing for a 340-unit community in Falls Church, Va., and completed the sales of two multifamily properties totaling 331 units in Nevada.
07 June 2019 13:19 -
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.
29 May 2019 17:02 -
MAXX Properties Expands Holdings in Las Vegas Area
Villas at Green Valley, a 609-unit community in Henderson, Nev., is the company’s fifth property in the Las Vegas market and its largest multifamily acquisition to date in terms of size and invested capital.
22 May 2019 13:35 -
TruAmerica, Blackstone Buy 608-Unit Portfolio for $97M
For their second deal since forming a joint venture last year, the partners picked up a 368-unit community in central Las Vegas for $58 million, along with a 240-unit asset west of Atlanta.
10 May 2019 13:18