Commercial Real Estate Direct Staff Report Westmount Realty Capital has paid $88.5 million, or $109.38/sf, for the 809,138-square-foot Lillard Drive Industrial portfolio in Sparks, Nev. The Dallas investor acquired the three-building property, at 350, 360, and 450 Lillard Drive, from ...
Commercial Real Estate Direct Staff Report An affiliate of Benedict Canyon Equities has sold the 206-unit Element Apartments in Reno, Nev., for $41 million, or $199,029/unit. The seller could not yet be identified. Benedict Canyon, of Los Angeles, had acquired ...
North River Partners, in partnership with funds managed by AB CarVal, has provided $56 million of financing for the construction of the Presley, a 236-unit apartment complex in Las Vegas. North River is a New York investment manager with a ...
Commercial Real Estate Direct Staff Report An investor group led by Haig S. Bagerdjian has paid $46 million, or $206.96/sf, for the 222,268-square-foot IGT Corporate Center office property in Las Vegas. The group bought the property, at 6355 South Buffalo ...
An affiliate of Sabra Health Care REIT has paid $37 million, or $411,111/unit, for Kiley Ranch, a 90-unit seniors housing property in Sparks, Nev. The Tustin, Calif., REIT acquired the property from its developer, Investcor Development. The property was built ...
An affiliate of Optum has paid $46.11 million, or $573/sf, for the 80,471-square-foot medical office property it occupies within the Village @ St. Rose medical office campus in Henderson, Nev., about 15 miles south of Las Vegas. Optum, a subsidiary ...
Commercial Real Estate Direct Staff Report An affiliate of Sabra Health Care REIT has paid $37 million, or $411,111/unit, for Kiley Ranch, a 90-unit seniors housing property in Sparks, Nev. The Tustin, Calif., REIT acquired the property from its developer, ...
Commercial Real Estate Direct Staff Report GK Real Estate has lined up a total of $36.4 million of mortgage financing against the 379,982-square-foot Lake Mead Crossing retail property and an adjoining parcel of land in Henderson, Nev. The financing is ...
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