Las Vegas Apartment Investor Launches “Path to Homeownership” Program
Cherry Development is launching a Path to Homeownership Program to help its Las Vegas apartment residents transition from renting to owning a home. Cherry owns the shareDowntown apartment communities.
Under the Path to Homeownership program, qualified shareDOWNTOWN residents can receive monthly contributions of $200 from Cherry Development that are deposited into a dedicated account for use toward a down payment for a future home purchase or closing costs. Residents who are financially and credit-qualified may access funds after a minimum of 12 months of participation.
For the program, Cherry Development has forged strategic partnerships with local financial institutions, mortgage lenders, title companies, and credit improvement specialists who share a commitment to expanding access to homeownership. Program partners provide discounted services, financial incentives, credit counseling, debt relief assistance, and educational guidance to help residents become mortgage-ready and successfully transition into homeownership.
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout