Reno Apartments Sell for $76M
A joint venture between Tilden Properties and IDEAL Capital Group has acquired Vista Ridge Apartments, a 324-unit community in Reno, Nev.
Source: multihousingnews.com
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Valuations, interest rates slow multifamily apartment market
The Nevada Appeal, the Silver State's oldest continuously run newspaper, first published on May 16, 1865.
Source: nevadaappeal.com
Marcus & Millichap Closes Eight-Asset Reno Multifamily Portfolio Sale for $302 Million
Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of The ERGS Portfolio, a six-property multifamily portfolio spanning a total of 1,077 units across eight assets. The portfolio traded for $302.5 million, or $280,872...
Source: rew-online.com