Premier Business Centers




The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
August 22, 2017
 Search RENTV
   Go!
 Video Programs
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



HOME PAGE NEWS
Printer-friendly Version   Email an Associate
Vegas Area Multifamily Community Traded in $76 Mil Deal

8/04/17

Farnam Realty Inc bought Veritas Apartments, a 430-unit, Class A multifamily building in the Las Vegas suburb of Henderson, NV. According to tax records, the property traded for $76.5 mil, or about $178k/unit.

Veritas Apartments, which was completed in 2010, offers one-, two- and three-bedroom units. The building features four swimming pools, a covered patio with an outdoor kitchen, barbecue grills, a fitness center with a yoga room, and a clubhouse with gaming room and cyber café.

John Cunningham and Charles Steele with JLL represented the seller, Monogram Residential Trust.

“Las Vegas’ apartment market continues to gain traction with investors as job growth and economic expansion remain ahead of the majority of the country,” said Cunningham. “Veritas is located within an affluent suburb that benefits from this growth, and offers residents an extremely attractive living environment.”

Veritas is located in Henderson, one of Nevada’s premier residential communities which boasts a diverse economic base that extends from healthcare to professional and business services. Residents also have access to more than 5.3 msf of retail space within a three-mile radius of the building, and immediate access to St. Rose Hospital.





Return to the previous page
Lone Oak Fund Dec 2014

 
Advertisement

 


 


 
 





Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2017 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media