 |
| Silver Shadow Apartments, Las Vegas, NV |
LAS VEGAS, NV – The ConAm Group (ConAm), a San
Diego-based real estate investment, development and services firm, has expanded
its multifamily portfolio in the Las Vegas and Phoenix markets with the
acquisition of two multifamily properties.
The two acquisitions add 524 units to ConAm’s portfolio.
Las Vegas Acquisition
In Las Vegas, where ConAm
already has a strong presence, the firm has acquired Silver Shadow, a 200-unit
apartment community located in Las Vegas, Nevada for $22.6 million dollars.
“This property, located in
the southwestern Las Vegas submarket adjacent to the Summerlin master planned
community, strongly aligns with our strategy to acquire well-located assets in
the Las Vegas market,” according to George
Lloyd, ConAm’s Executive Vice President of Acquisitions.
 |
| The Greens Apartments, Chandler, AZ |
Phoenix Acquisition
ConAm also expanded its
multifamily portfolio in the Phoenix area with the acquisition of The Greens, a
324-unit apartment community in Chandler, Arizona.
“This property has
exclusive frontage on the San Marcos Golf Resort with golf course views from
most of the units and is within walking distance of historic downtown Chandler,”
says Lloyd.
“Located near Interstate 10, Loop 101 and Loop 202, the asset
provides easy access to employment centers in both the City of Chandler and
Greater Phoenix.”
For a complete copy of the company’s news release,
please contact:
Lexi Astfalk or Jenn
Quader
Brower, Miller & Cole
(949) 955-7940
No comments:
Post a Comment