Las Vegas
Abacus Capital Sells Vegas Apartments for $36M
Berkeley Point Capital originated Freddie Mac acquisition financing for the buyer of the 237-unit Class B multifamily asset. The property last traded in 2017 for $24 million.
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.
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.
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.
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.
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.
Las Vegas Multifamily Report – Summer 2019
The metro’s affordability advantage, particularly compared to coastal California markets, adds to Las Vegas’ economic gains.
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.
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.
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.