The St. Lucia is part of a four-property portfolio that TruAmerica was selling. The price Fairfield paid for it couldn't be learned as the sale of the remaining properties hasn't been completed yet as a result of loan assumptions that ...
Commercial Real Estate Direct Staff Report MC Cos. has paid $90.75 million, or $261,527/unit, for Alta NV, a 347-unit apartment property in Henderson, Nev. The Scottsdale, Ariz., developer, which raises capital through a network of accredited investors, bought the property ...
Aspen Real Estate has paid $24.7 million, or $109.31/sf, for Renaissance III, a 225,973-square-foot shopping center in Las Vegas. The Aspen, Colo., company purchased the retail property out of foreclosure from special servicer LNR Partners in a deal brokered by ...
Commercial Real Estate Direct Staff Report Continental Realty Group has paid $27 million, or $160,714/unit, for the 168-unit Villa Del Rio Apartments in Las Vegas. The Denver company purchased the property from Sunset Group of Los Angeles, which had acquired ...
Commercial Real Estate Direct Staff Report Fairfield Residential has acquired the 440-unit St. Lucia apartments in Las Vegas. The San Diego company purchased the property from TruAmerica Multifamily, which had bought it in 2017 for $58.2 million, or $132,272/unit. Northmarq ...
The Real Deal Tides Equities has turned over the Tides at Walnut Park, a 176-unit apartment property at 3985 East Cheyenne Ave. in Las Vegas, to its lender in a deed-in-lieu of foreclosure. The Los Angeles investment firm acquired the property ...
BridgeInvest has provided $37.68 million of financing to fund the development of three industrial outdoor storage facilities in Bloomington, Calif., Las Vegas and Staten Island, N.Y. The properties are being developed by a venture of Stonemont Financial Group of Atlanta ...
The Los Angeles investment manager bought the property, at 10750 Camino Road, from Turtle Bay 89 LLC, a Las Vegas investor group, in a deal arranged by Berkadia.
Commercial Property Executive Aspen Real Estate has paid $24.7 million, or $109.31/sf, for Renaissance III, a 225,973-square-foot shopping center in Las Vegas. The Aspen, Colo., company purchased the retail property out of foreclosure from special servicer LNR Partners in a ...
Benedict Canyon Equities Inc. has paid $24.1 million, or $270.787/unit, for the recently constructed Prosper 89 apartment property, with 89 units in southwest Las Vegas. The Los Angeles investment manager bought the property, at 10750 Camino Road, from Turtle Bay ...
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