Nevada
GrubMarket to Leverage Oakport to Combat Supply Chain Challenges
The pandemic has exposed massive vulnerabilities in the supply chain ecosystem, impacting and dislocating shipping routes, ports, warehouses and trucking… Read more
Rising Realty Partners Enters TX with Commerce Center Stafford Buy
Rising Realty Partners recently acquired Commerce Center Stafford, a multi-use/light industrial park comprising 16 buildings totaling 245,495 square feet in… Read more
Construction is Set to Kick Off in Early 2022 on Berkeley Multifamily
A $91 million loan recently went toward the construction financing for 2150 Kittredge, a 169-unit multifamily building to be built… Read more
Kennedy Wilson Fund Plans to Capitalize on Reno’s Strong Fundamentals
Northtowne Summit, a 220-unit garden-style multifamily property in Reno, NV, recently sold for $66 million. The buyer was Kennedy-Wilson Fund… Read more
Renter Draw Converts to Investor Draw at The Palms
The newly developed Elysian at The Palms apartment community in Las Vegas was recently acquired by Chicago-based Walton Street Capital.… Read more
Kennedy Wilson Sees Long-Term Benefit from $95M Arista Buy
Kennedy Wilson and the real estate business within Goldman Sachs Asset Management recently acquired Arista Uptown, a 272-unit garden-style apartment… Read more
Crane Index and Quarterly Cost Report Reveals Eye-Opening Stats
International property and construction consultancy firm Rider Levett Bucknall (RLB) recently released its latest Crane Index and Quarterly Cost Report.… Read more
SB’s Las Vegas Buy Marks First Foray into that Market
SB Real Estate Partners recently acquired The Russell Apartments, a 241-unit garden-style apartment home community, for $67 million. This marks… Read more
Meridian Arranges Refi on Suburban Vegas Office Complex
Meridian Capital Group recently arranged $33.7 million on behalf of Hertz Investment Group, a fully integrated real estate firm with properties in… Read more
Mirage Oasis Achieves 99% of Seller’s Asking Price
Mirage Oasis, a retail center located at the southeast corner of Greenway and Dysart roads in El Mirage, AZ recently… Read more
SB RE Partners Plans Cap Improvements for Portola Redlands
Irvine-based SB Real Estate Partners (SBREP) recently acquired ReNew Redlands, a class-B 124-unit garden-style apartment community located in Redlands, CA… Read more
Las Vegas Continues its Growth Run, Fueling Demand for Housing
Silver Creek Apartments, a 224-unit multifamily property in Las Vegas, recently sold for $35 million. The property is located at… Read more
LaSalle Snaps Up Ely at The Curve for a Cool $156M
Ely at The Curve, a 456-unit mid-rise multifamily complex in the suburban community of Spring Valley in Las Vegas, recently… Read more
The Alexander is the First Midrise in a Sea of Garden Communities
Construction is underway for The Alexander, a new 209-unit four-story multifamily community that emphasizes technology and wellness. The $49 million… Read more
Clarion Fund Closes on Multifamily Property in Charlotte
Clarion Partners Real Estate Income Fund, Inc., has expanded its property portfolio with the diversifying acquisition of a multifamily property… Read more
Dealmaking Environment Propels REIT M&A to New Heights
VICI Properties acquiring MGM Growth Properties. Columbia Property Trust being acquired by PIMCO. Kite Realty Group Trust merging with Retail Properties of America. Ventas buying up New… Read more
Tesla’s Relocation to Austin Speaks to Production Demands
Tesla Inc. plans to move its headquarters from Palo Alto to Austin, where it is building Gigafactory Texas, a car… Read more
DraftKings to Occupy Almost an Entire Building at UnCommons
DraftKings Inc. is adding a Las Vegas office location where the company expects to eventually have an expanded team of… Read more
MCA’s Five-Property Acquisition Meets Equity Commitment
MCA Realty recently acquired five assets: two in Washington, two in Las Vegas and one in Orange, CA, for a… Read more