Las Vegas
Banyan Residential Acquires $61M Las Vegas Community
The luxury townhome development is part of the Skye Canyon 1,000-acre master plan.
Growth Holdings Lands $85M Loan for Las Vegas Development
Otonomus is slated to open its doors at the end of 2024.
Greystar Starts Development on Las Vegas Community
The property is the latest in Greystar’s Marlowe luxury apartment line.
Top 5 Western Markets by Multifamily Investment Volume
Sales in these metropolitan areas surpassed $21 billion through September, outperforming the same period last year, according to Yardi Matrix data.
DB Capital Enters Las Vegas With $64M Buy
The buyer plans to execute a capital improvement plan at the property.
Las Vegas Multifamily Report – August 2022
The pandemic slammed Las Vegas’ ascent, and after a swift economic surge in 2021, the performance of the local economy tempered to a steady recovery. This was mirrored by the multifamily market, with rent expansion moderating after a strong run, up 0.6 percent on a trailing three-month basis through June, to $1,525, trailing the 1.1 percent U.S. rate. The metro recorded a slowdown during the first half of 2022, with occupancy marking the largest decrease among major U.S. metros, down 1.4 percent in the 12 months ending in May, to 95.1 percent. READ THE FULL YARDI MATRIX REPORT Las Vegas…
Hamilton Zanze Sells Las Vegas Asset
After a series of renovations, the firm sold the community for more than double what it paid.
Haven Realty Acquires BTR Community in Vegas
Partnering with Apollo Global Management, the firm purchased phase one of a 12-building project.
Avison Young Closes $40M Las Vegas Deal
The property traded for nearly twice the price it fetched two years ago.