Multifamily news in Market Rate Housing - Las Vegas
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Matter Begins Construction of $400M Las Vegas Development
UnCommons, which has been redesigned for a post-COVID-19 world, will feature more than 830 units.
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Southeast Las Vegas Community Sells for $20M
Seller AllPro Capital acquired the 128-unit property for $9.7 million from 3D Investments in 2017.
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Dwight Capital Closes on $40M Las Vegas Loan
The HUD financing features competitive terms at a time when many lenders are struggling.
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Nitya Capital Pays $36M for Las Vegas Community
The recently renovated, 228-unit community last changed hands in 2018 for $24 million.
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MODERNE Breaks Ground on Las Vegas SFR Project
The developer is building 185 homes within MODERNE at Centennial and expects the first phase to be ready by September.
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NNC Apartment Ventures Buys Las Vegas Asset for $52M
Berkadia facilitated the transaction with a Freddie Mac loan set to mature in 2030.
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Waterton Pays $104M for Las Vegas Community
CBRE provided Freddie Mac financing for the acquisition of the 456-unit property.
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JV Sells Las Vegas Community for $79M
Tower 16 Capital Partners and Henley Investments acquired the 512-unit property in mid-2018 and invested more than $4 million into capital improvements.
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Southwest Las Vegas Community Sells for $105M
NorthMarq Capital provided acquisition financing through Freddie Mac to the buyer of the 376-unit property.
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Bascom Group Trades Las Vegas Community for $70M
The seller had purchased the 308-unit property four years earlier for a fraction of the price.
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Turner Impact Capital Pays $52M for Las Vegas Community
The new owner’s latest acquisition increases the firm’s Sin City portfolio to more than 1,000 units.
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NexPoint Acquires Las Vegas Portfolio for $241M
The three communities total 1,163 units and are located west of downtown.
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MAXX Properties Grows Las Vegas Portfolio
Following the acquisition of 168 units in the city's Spring Valley neighborhood, the owner plans to begin capital improvements.
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Studio Management Services Acquires Las Vegas Properties
Laurel Park Apartments and Villa Del Rio Apartments sold for a total of $54 million.
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3D Investments Trades Las Vegas Community for $19M
The 193-unit garden-style community, built in the 1970s, last changed hands two years ago for $11 million.