National CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


National  + Nevada  + Apartments  | 

Las Vegas Apartment Asset Trades for $58M

San Diego-based MG Properties Group acquired Bristol at Sunset Apartments in Henderson, NV for $58.25 million. The property at 2001 Ramrod Ave. was built in 1989 and consists of 432 units.

MG Properties Group’s Mark Gleiberman says, “Bristol at Sunset is a compelling value-add opportunity in a market which is experiencing tremendous job growth.  This community fits well with our existing Las Vegas portfolio, and will enable us to further create efficiencies in the market.”

MG Properties Group plans an extensive renovation of common areas and unit interiors.

CBRE’s Spence Ballif represented the unnamed sellers. The acquisition was financed with a $39.4-million Fannie Mae Loan arranged by CBRE’s Brian Eisendrath and Cameron Chalfant.

Get CRE News in 150 words

For comments, questions or concerns, please contact Dennis Kaiser


Inside The Story

Read more at PR NewswireConnect With MG Properties Group’s GleibermanConnect With CBRE’s Ballif

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.