NRP-Led JV Launching $133M Las Vegas Rental Community
The NRP Group announced the financial closing and groundbreaking of a $133 million, 390-unit luxury residential community in Las Vegas, developed in partnership with Haseko North America. Located at the northeast corner of West Maule Ave. and Gagnier Blvd., the site is directly across from the Durango Casino & Resort and adjacent to The UnCommons, a mixed-use destination featuring apartments, retail, dining and Class-A office space. Completion is scheduled for Q3 2027.
The four-story, single-building development will comprise a mix of studio, one-, two-, and three-bedroom residences. Residents will enjoy a suite of resort-style amenities, including a swimming pool, two landscaped courtyards, a 24-hour fitness center, indoor bicycle storage with a repair station, an indoor pet wash and a 575-space parking garage. The property’s clubhouse will offer a community kitchen, coffee station, pool table, and a multi-sport simulator.
This marks The NRP Group’s third groundbreaking in Las Vegas this year.
Other News
Synergy Hosts Official Opening for Massachusetts’ Largest Office-to-Resi Conversion
Synergy held the official opening of Altitude Worcester, the largest office-to-residential conversion in Massachusetts, with a ribbon cutting ceremony with Juana Matias, the Secretary of the Massachusetts Executive Office of Housing and Livable Communities , and the City of Worcester. The event also marked the completion of 22 Elm St., the adjacent affordable homeownership community Synergy...
Learn more
MBTA Issues RFQ for Redevelopment of Lynn Commuter Parking Garage
The Massachusetts Bay Transportation Authority (MBTA) has issued a request for qualifications from would-be redevelopers of its downtown Lynn, MA commuter parking garage. It’s the first of a two-step process, to be followed by a request for proposals. The five-story garage opened in 1992 and has been partially closed since 2022 over safety concerns, ItemLive...
Learn more
Kidder Mathews Arranges Sale of 45-Unit Multifamily in Walla Walla
Suncrest Apartments, a 45-unit multifamily community located at 1800 Evergreen Street in Walla Walla, Washington, has sold for $4.3 million. Kidder Mathews Vice President Max Frame of the Simon | Anderson Multifamily Team in Seattle represented the seller, Art Griff, in the transaction. The buyer was Jason Zook. Situated on 1.72 acres, Suncrest Apartments consists...
Learn more
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout