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Las Vegas Review-Journal Ochoa Development Corp. has purchased 12.1 acres at 4185 Paradise Road in Las Vegas, a mile from the Las Vegas Strip, for $12.5 million. It's not known what the Henderson, Nev., developer plans for the site, but ...
Next Wave will use sale proceeds to retire a $13.77 million loan provided last year by Bancorp Bank. The three-year loan was securitized through Bancorp Commercial Mortgage, 2019-CRE6.
Dekel Capital of Los Angeles helped Moonwater raise $35 million of debt and equity for the investment. It arranged a $23.85 million mortgage from Washington Federal Bank, according to the Clark County, Nev., recorder's office. It also arranged for an ...
Commercial Property Executive Rreef Property Trust has partnered with DWS Group to buy the 715,000-square-foot Tropical Distribution Center 2 industrial property in Las Vegas for $88.5 million, or $123.78/sf. The venture purchased the single-story building, at 6260 East Ann Road, ...
The 317-unit Cameron Apartments in Las Vegas has been sold for $32 million, or $100,946/unit. The property, at 4600 Sirius Ave., was sold by Marquina Properties of Kennewick, Wash., to the Cacao Living Trust of Milpitas, Calif. Berkadia Commercial Mortgage ...
Multi-Housing News AllPro Capital has sold the 128-unit Toscana Apartments at 4550 Karen Ave. in Las Vegas for $19.6 million, or $153,125/unit. The Colorado Springs, Colo., real estate investment company had purchased the property in 2017 for $9.7 million. Toscana ...
An entity affiliated with law firm Eisner LLP has paid $21.5 million, or $219,387/unit, for the 98-unit Harlow Luxury Apartments in Las Vegas. The buyer is listed on Clark County, Nev., records as Harlow TIC I LLC, a tenant-in-common group ...
Moonwater Capital has paid $33.35 million, or $127.29/sf, for the four-story office building at 6226 West Sahara Ave. in Las Vegas, which has 262,000 square feet and long has served as the headquarters for NV Energy. The Las Vegas investment ...
Commercial Real Estate Direct Staff Report Dwight Capital has originated a $40 million loan, under the Department of Housing and Urban Development's 223(f) program, against the 304-unit Villas at Sunrise Mountain apartments in Las Vegas. The 35-year, self-amortizing loan ...
REBusiness Online Panattoni Development Co. has bought a 38.8-acre development site at the southeast corner of Bermuda Road and St. Rose Parkway in Las Vegas for $25.5 million. The Reno, Nev., company purchased the site from J.A. Kennedy Real Estate ...
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