Nevada

Alicante-Las-Vegas

LAS VEGAS — CONAM Group, through its Strategic Investments Fund IV, has acquired Alicante Apartment Homes, a 232-unit community in Las Vegas’ Spring Valley submarket. The identity of the seller was not disclosed, but Sares Regis Group acquired the asset in 2022. The gated community, built in 2001, consists of 232 one-, two- and three-bedroom units across two-story, garden-style buildings on approximately 11 acres. Amenities include a pool and hot tub, fitness center with yoga and spin studios, clubhouse, billiards room, dog park, playground and package lockers.

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Tuscan-Highlands-Las-Vegas

LAS VEGAS — Stout Management Co. has been selected as property manager of four Las Vegas properties: Tuscan Highlands, Silver Creek Apartments, The Vine on 8th and Maryland Villas. The properties represent luxury as well as affordable housing communities and total 936 units. Located at 12656 Southern Highlands Parkway, Tuscan Highlands is a luxury community that features a saltwater pool, fitness facilities and wellness studios. Silver Creek Apartments, at 6170 Boulder Highway, provides affordable housing options with amenities including a fitness center, pool, playground, business center and gated access. In …

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Vegas-View-Flats-Las-Vegas

NORTH LAS VEGAS, NEV. — Illinois-based Brinshore Development has selected locally based Stout Management Co. as property manager for Vegas View Flats, an affordable housing community at 620 W. Lake Mead Blvd. in North Las Vegas. The 76-unit property, currently in the lease-up phase, offers studios, one-, two- and three-bedroom apartments reserved for renters earning up to 50, 60 or 80 percent of area median income. Stout will oversee day-to-day operations, leasing, compliance and long-term management of the community.

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Mezzo-Las-Vegas

LAS VEGAS — Locally based Stout Management Co. has been selected as property manager for Mezzo Apartments located at 3770 University Center Drive in Las Vegas. The community is made up of studio and one-bedroom units with hardwood laminate flooring and stainless steel appliances. Wi-Fi and cable are included with rent. Community amenities include a gated entry, a pool, fitness center, dog park and on-site maintenance services. As property manager, Stout Management Co. will oversee day-to-day operations, resident services and long-term asset management. According to Yari Matrix, the 455-unit community …

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Village-of-the-Pines-Reno

By David NelsonTo the general public, Reno, Nevada, conjures up visions of casinos, nightlife, giant neon signs and vintage mid-century motels, as well as the beauty of nearby Lake Tahoe. In the multifamily investment world, the metro is drawing increased attention because of its limited incoming supply, steady population growth, business-friendly environment and diversified employment base, which combine to create a strong apartment market that can deliver attractive returns. Reno, which calls itself “The Biggest Little City in the World,” may not be on investors’ radar as prominently as some …

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Landing36-Las-Vegas

LAS VEGAS — PCE Holdings, a California-based investment firm, has acquired Landing 36 in Las Vegas in an off-market transaction. The sales price was $79 million, and the seller was Craig Horn. Developed in 2025, the 308-unit community is comprised of studios and one- through three-bedroom floor plans complemented by amenities such as a resort-style pool and hot tub with shaded seating areas, a fitness center with cardio and strength-training equipment, a pet-friendly lawn with a play area and grilling and entertainment spaces. PCE’s strategy is to lease up the …

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Fairways-on-Green-Valley-Henderson

HENDERSON, NEV. — San Francisco-based multifamily investment firm Hamilton Zanze has acquired Fairways on Green Valley, a 320-unit garden-style community adjacent to the Legacy Golf Club in the Green Valley South neighborhood of Henderson, 18 miles southeast of Las Vegas. The deal closed on Feb. 19. Mission Rock Residential, an affiliate of Hamilton Zanze, has assumed the role of property manager. The purchase marks Hamilton Zanze’s first in 2026. The company acquired seven properties last year. Fairways on Green Valley was developed in 1990. The one- and two-bedroom units are …

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North-Park-Living-North-Las-Vegas

NORTH LAS VEGAS, NEV. — Walker & Dunlop has arranged a $75 million loan to refinance North Park Living, a 380-unit property in North Las Vegas. SRB Living was the borrower. Benefit Street Partners was the lender for the floating-rate, interest-only loan. Walker & Dunlop’s team was led by Justin Nelson, Eric Norris, PJ Feichtmeier and Jared Diedrich. North Park Living consists of one-, two- and three-bedroom floor plans and amenities such as business and fitness centers, a resort-style pool, indoor and outdoor resident lounges and an entertaining kitchen and …

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The-Element-Reno

RENO, NEV. — Berkadia has arranged the $41 million sale of The Element, a 206-unit garden-style apartment community in Reno. The seller was a private Los Angeles-based owner, and the buyer’s identity was kept private. The property was developed between 1975 and 1977. The Element offers one- and two- bedroom floor plans. Amenities include laundry facilities, a pool, a fitness center, a dog park and a grilling and picnic area. Jared Glover of Berkadia Nevada represented the seller.

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Tina-Frias

Las Vegas is known for its glistening lights and reputation as the city that never sleeps. But beyond entertainment and world-class dining, approximately 2.4 million people call the valley home. Nevada’s lack of state income tax and pro-business environment has made it a magnet for business as new industries continue to choose Southern Nevada as a hub. As a result, the Las Vegas metro area welcomes more than 4,000 new residents every month. This growth is a testament to our region’s vitality, but it also underscores a defining challenge: the …

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