July 7, 2017 Comments Off on Las Vegas MF Trades for $63M Views: 853 National News, Nevada, West

Las Vegas MF Trades for $63M

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Northern California-based Green Leaf Capital Partners acquired Volaré Apartment Homes, a garden-style, 360-unit community in Las Vegas, NV, for a reported $63 million. JLL represented the seller, a joint venture between Fore Property Company, Vancouver, Canada-based The Strand Corporation, and DG Development Corporation.

Located just off Interstate 15, Volaré is six miles south of the Las Vegas Strip at 10695 Dean Martin Dr., just south of Cactus Avenue.

The Class A property includes studio, one-, two- and three-bedroom units. In-unit amenities include wood-plank flooring, fireplaces, storage units, stainless steel appliances, granite countertops and full-size washers and dryers. Community amenities include a restaurant-grade kitchen, two swimming pools, an outdoor lounge patio with a TV and a fireplace, and an outdoor kitchen.

JLL Capital Markets’ John Cunningham and Charles Steele led the sales effort.

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