Next Wave Investors LLC, a private equity firm focused on value-add multifamily investments, recently sold Spanish Oaks, a 216-unit garden-style multifamily community for $50 million after acquiring it for $28.5 million in February of last year.
“The home is a collection of personal spaces designed to enhance how we live. We like to cook, entertain and enjoy the communal approach to family gatherings and get-togethers,” Mark Clark said. “Missy is a great cook, hence the killer kitchen.”
The 6,729-square-foot property features five en suite bedrooms, six baths, office/gym, an upper-level bonus room and incredible finishes throughout including over 7,000 square feet of hand-laid white French limestone.
MG Properties, a private San Diego-based real estate investor, owner, and operator has acquired the 275-unit Verona Apartments in Henderson.
Avison Young has announced the Sauter Multifamily Group, comprised of principals Patrick Sauter, Art Carll-Tangora and Steve Nosrat, based in the firm’s Las Vegas office, closed the $126 million sale — $126,506 per unit — of Harbor Island Apartments at 370 E Harmon Ave. The buyer was Laguna Point Acquisitions, and the seller was 3D Investments.
Lake Las Vegas, Henderson’s only waterfront master-planned community, has partnered with the city of Henderson to ignite the night this Fourth of July at its annual lakeside firework display. Open to all residents and guests, the show will take place July 4 at 9 p.m. over the community’s 320-acre lake.
Boxing promoter and former boxing champion Oscar De La Hoya, known as The Golden Boy, has paid $14.6 million in cash for a home under construction in the luxury Henderson hillside community of MacDonald Highlands.
Even as local home prices continue to set records, a recent report released by Las Vegas Realtors suggests the hot housing market may be starting to shift.
The Las Vegas developer, who built the Las Vegas homes of one-time Los Angeles Laker Jordan Farmar and former Sacramento Kings and Palms co-owner Gavin Maloof, has completed a Southern Highlands spec home built for entertaining and is offering the buyer a Tesla worth up to $100,000.