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Green Leaf Capital Partners acquired Volaré Apartment Homes, a 360-unit Class A apartment community in Las Vegas, for $63 million, according to Yardi Matrix. JLL’s Capital Markets team brokered the sale, with Vice Presidents John Cunningham and Charles Steele working on behalf of the seller, a joint venture between Fore Property Co., The Strand Corp. and DG Development Corp.
Located at 10695 Dean Martin Drive, just off Interstate 15, the property offers a mix of studio, one-, two- and three-bedroom floor plans ranging in size from 568 to 1,465 square feet. Units feature wood-plank flooring, fireplaces, storage units, stainless steel appliances, granite countertops and full-size washers and dryers. Community amenities include two swimming pools with spas, a fitness center, a clubhouse, a restaurant-grade kitchen, an outdoor lounge patio with fireplace and TV and an outdoor kitchen. Volaré reached a 90.6 percent occupancy rate as of May 2017.
Las Vegas continues to see a resurgence in the multifamily market, especially for high-end assets,” Cunningham said.

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