Las Vegas
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.
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.
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.
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.
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.
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.
Vegas Community Trades for $14M
The seller, Strategic Realty Capital, had acquired the 146-unit Class C multifamily asset in 2010 as part of a 475-unit portfolio transaction.
Blackstone Buys $159M Las Vegas Portfolio
The deal, one of the metro’s largest this year, included two newly completed Class A communities comprising nearly 700 units.
Next Wave Buys Nevada and Utah Communities
The company has expanded its portfolio with two properties located in Las Vegas and West Valley City, totaling 188 units.
Continental Realty Buys Vegas Community
The buyer financed the purchase of the 63-unit Class A asset with a $9 million Freddie Mac acquisition loan originated by HFF.