City: Las Vegas

Commercial Real Estate Direct Staff Report NexPoint Residential Trust Inc. has agreed to buy three Las Vegas apartment properties with a combined 1,163 units for a total $242.5 million. The Dallas REIT will purchase the portfolio from a venture of ...

The Sunset Group has paid a total $54 million for two apartment properties with a combined 408 units south of downtown Las Vegas. The Los Angeles real estate investment company bought the complexes from Omninet Capital, which was represented by ...

Multi-Housing News Investment Concepts has paid $18 million, or $290,322/unit, for the 62-unit Echelon at Centennial Hills apartments in Las Vegas. The Orange, Calif., real estate developer and investor bought the property from Real Capital Solutions. The transaction was financed ...

REBusiness Online EastGroup Properties has paid $25.5 million, or $130.14/sf, for the 195,947-square-foot Southwest Commerce Center in Las Vegas. A venture between Brass Cap Development and LM Construction Co. developed and sold the three-building industrial property at the northwest corner ...

ConAm Group has bought the 292-unit South Valley Ranch apartment complex in Henderson, Nev., for $54.5 million, or $186,643/unit. The San Diego real estate investment company purchased the property, at 701 Aspen Peak Loop, from K3 Group LLC of Las ...

Commercial Property Executive Brookside Equities has paid $43.5 million, or $836.53/sf, for the 52,000-square-foot Westland Fair shopping center in Las Vegas. The Los Angeles private equity investment company bought the retail property, at 4463 West Charleston Blvd., from Weingarten Realty ...

Blackstone Real Estate Income Trust Inc. has agreed to buy a 95 percent stake in the real estate assets of the Bellagio Las Vegas from MGM Resorts International in a deal valuing them at $4.25 billion. The assets include 3,933 ...

Multi-Housing News A venture of Oak Residential Partners and Rockwell Management has bought the 216-unit Hacienda Heights apartments in Las Vegas for $33.8 million, or $156,481/unit. The venture purchased the property from Allwest Homes and financed the deal with a ...