Las Vegas
Las Vegas Multifamily Report – Summer 2021
The city remains one of the country’s best-performing rental markets.
Bascom Group Sells Vegas Community for $22M
Extensive upgrades helped more than double the property’s 2016 value.
Top Western Markets for Rent Growth
Here’s a breakdown of the best-performing Western multifamily markets ranked by year-over-year rent growth through June 2021.
Waterton Expands Las Vegas Portfolio
The company paid $160 million for the properties in a master-planned community.
Western Wealth Pays $31M for Las Vegas Asset
The transaction marks the company’s second acquisition in the metro.
TruAmerica Acquires 3 Communities for $209M
This purchase has added nearly 1,000 units to the firm’s portfolio.
Las Vegas SFRs Trade for $25M
The price more than tripled since the asset last traded a decade ago.
Las Vegas Asset Commands $41M
CBRE arranged a bridge loan for the buyer of the 198-unit community.
Western Wealth Buys Las Vegas Apartments for $39M
San Michele Apartment Homes last sold in late 2015 for $13.4 million.
Bascom Group Buys Las Vegas Portfolio
The three properties totaling 390 units sold for $72 million.