Las Vegas
29th Street Capital Buys Vegas Apartments
The company, which has purchased 15 multifamily properties over the past 12 months, also revealed plans to implement a $1.9 million capital improvement program to refurbish unit interiors, enhance the asset’s exterior and upgrade the amenity package.
2-Community Sale Fetches MGPG $68M
The properties, located in Henderson and North Las Vegas, Nev., comprise 641 units. Both communities feature one-, two- and three-bedroom floor plans with high-end amenities.
On the Market: 5 Interesting Listings for the Week of 3/27
This week’s listings feature a property located two miles from the Las Vegas Strip and a luxury community in the growing Augusta, Ga.
CDP Expands West Coast Portfolio
The company has acquired three affordable communities in Las Vegas and Salem, Ore.
Security Properties Acquires Affordable Las Vegas Asset for $27M
The portfolio offers two adjacent properties—Sunrise Palms, comprises 122 units of senior living, and Orchard Club, which provides 220 units of low-income housing.
C&W Negotiates Sin City Sale
The company has arranged the sale of Portofino Villas, a 280-unit community.
HFF Secures $26M Loan for Nevada Apartment Community
The company secured financing through Freddie Mac’s CME Program.
Pathfinder Nabs Glitter Gulch Property for $13M
Built in 2003, the 89-unit community is located in the Lone Mountain submarket of Las Vegas.
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.
The Siegel Group Grabs Sin City Apartment Community
The property that will be rebranded as Siegel Suite Boulder III marks the company;s third asset on Boulder Highway.