Market Rate Housing - Las Vegas

  • On the Market: 5 Interesting Listings for the Week of 6/11

    This week's listings include a rehabilitated historic asset in St. Louis and a newly constructed community in Las Vegas' Spring Valley.

    15 June 2018 15:00
  • On the Market: 5 Interesting Listings for the Week of 6/4

    This week's listings include an upscale community six miles from the Las Vegas Strip, a privately owned property in Phoenix's growing South Mountain Village area, and more.

    08 June 2018 17:01
  • Alpha Wave Goes Shopping in Vegas

    The company acquired Cypress Springs Apartments, located where new supply is somewhat limited compared to the metro's other areas. The firm will invest approximately $1.7 million in capital improvements.

    06 June 2018 18:27
  • Kennedy Wilson Sells $422M Portfolio

    The six communities comprise a total of 2,199 units and are located across California, Nevada, Washington and Oregon.

    30 May 2018 15:52
  • On the Market: 5 Interesting Listings for the Week of 4/30

    This week's listings include a newly renovated age-restricted community in Vegas and a turnkey asset in central Richmond, Va.

    04 May 2018 15:39
  • Henley, Tower 16 Launch Vegas Brand

    The partnership will acquire multiple multifamily assets in the coming months, targeting value-add opportunities and applying renovations under the Altura brand. The first property is slated to open this summer under the new name.

    11 April 2018 17:02
  • Sunroad Enterprises Nabs 320-Unit Vegas Asset

    Prime Group sold Avery Park in a deal facilitated by HFF. The new owner is set to renovate the property’s common areas and unit interiors over the next two years.

    19 January 2018 15:36
  • Citymark, InterCapital Go Shopping in Vegas

    The two companies purchased Vintage Pointe, a 368-unit apartment community in Vegas’ Michael Way neighborhood, for $49.2 million.

    10 January 2018 18:42
  • Security Properties Buys $43M Vegas Asset

    Martinique Bay received renovations to 91 of its units before being sold off to Security Properties. The company plans to add value to the property by improving the rest of the units and also add exterior upgrades.

    07 December 2017 16:34
  • Berkadia Facilitates $15M Vegas Sale

    Desert Palms North Apartments was built in 1992 and features mixed unit types, ranging in size from 520 to 975 square feet. According to Yardi Matrix data, monthly rent averages at $648.

    19 October 2017 15:47
  • Las Vegas Asset Changes Hands

    Berkadia arranged the sale of Emerald Park Apartment Homes, a 300-unit community. The buyer paid $95 per square foot, equating to a 5.5 percent cap rate.

    19 October 2017 13:30
  • MG Properties Acquires $58M Vegas Community

    The company purchased the 432-unit Bristol at Sunset from Kennedy Wilson. CBRE arranged a $39.4 million acquisition loan through Fannie Mae on behalf of MG Properties Group.

    13 October 2017 14:25
  • Marcus & Millichap Duo Sells 2 in Las Vegas

    Las Palmas and The Rubix traded for $39.3 million. New plans include capital improvements and focus on military housing.

    05 October 2017 22:03
  • JLL Arranges 430-Unit Vegas Sale

    Monogram Realty Trust sold Veritas Apartments in a transaction completed by JLL Vice Presidents John Cunningham and Charles Steele. Farnam Realty acquired the asset.

    09 August 2017 12:57
  • Warmington Properties Secures $190M for Portfolio Refi

    Walker & Dunlop Inc. structured five Freddie Mac loans and one Fannie Mae loan, totaling $190.2 million, with 10-year terms and 30-year amortization schedules, to refinance nine California and Nevada communities held by Warmington Properties. Warmington began a value-added program across its portfolio in 2014, including the complete renovation of property amenities, building exteriors and unit interiors.

    10 May 2017 19:13