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April 19, 2024
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TEXAS/SOUTHWEST NEWS
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LaSalle Investment Management Closes on $155.6 Mil Vegas Res Buy

10/21/21

Ely at The Curve, a 456-unit, luxury, mid-rise multi-housing complex in the suburban community of Spring Valley in Las Vegas, Nevwas purchased by LaSalle Investment Management in a $155.6 mil transaction. The property was sold by The Calida Group.

Built in 2010, Ely at The Curve comprises one- and two-bedroom units averaging 945 sf in size. Units include walk-in closets, all electric kitchen with stainless steel dishwasher, breakfast bar or kitchen island and high ceilings with crown molding. The community features two swimming pool and spa areas with private cabanas, a clubhouse with coffee bar, a fully equipped fitness center and an outdoor lounge with fireplace.

Located at 6355 South Riley St, Ely at The Curve is adjacent to the full diamond interchanges of Interstate 215 at Sunset Rd and Durango Dr, providing residents with quick, convenient access to the world famous Las Vegas Strip and the greater Las Vegas Valley. The property is approximately 15 minutes away from over 5 msf of office space at the McCarran office submarket, 30 minutes away from over 2 msf of office space in downtown Las Vegas and 10 minutes away from over 5 msf of office space in the Spring Valley corridor. The community is also approximately seven miles from the McCarren International Airport. Additionally, residents are 10 minutes from Summerlin’s vibrant downtown district.

John Cunningham and Charles Steele with JLL Capital Markets represented the seller in the deal.





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