City: Reno

A venture of Ideal Capital Group and Tilden Properties has paid $64 million, or $213,333/unit, for the 300-unit Silver Ridge Apartments in West Reno, Nev. The venture purchased the 30-year old property, at 1555 Sky Valley Road, from an investor ...

Clarion Partners has paid $117.3 million, or nearly $83.80/sf, for the 1.4 million-square-foot Lear Industrial Center in Reno, Nev. The investment manager bought the four-building industrial property, on nearly 74 acres at 6640, 6645 and 6650 Echo Ave. and 12995 ...

Commercial Property Executive A venture led by CAI Investments has bought the 950-room Harrah's Reno Hotel and Casino in Reno, Nev., for $50 million, or $52,631/room. The Las Vegas real estate investment and development company purchased the property, at 219 ...

Multi-Housing News MG Properties Group has bought the 240-unit Marina Village Apartments in Sparks, Nev., for $53.8 million, or $224,167/unit. The San Diego multifamily real estate investor purchased the property, at 350 Harbor Cove Drive, from Sunroad Enterprises, which had ...

REBusiness Online CIRE Equity has paid $40.6 million, or $190.93/sf, for the 212,647-square-foot Sparks Galleria shopping center in Reno, Nev. The Beverly Hills, Calif., investment firm bought the retail property, at 125-255 Disc Drive, from Pine Tree Commercial Realty, which ...

Elan Multifamily Investments has bought the 204-unit Skyline Canyon Apartments at 3300 Skyline Blvd. in Reno, Nev., for $37.55 million, or $184,068/unit. The Campbell, Calif., investment firm purchased the complex from Oakmont Properties, which was represented by Marcus & Millichap. ...