Month: December 2021

SB Real Estate Partners acquires multifamily community in Las Vegas, Nevada for $73.1 million

Acquisition is the second in Las Vegas MSA over the past seven weeks for Irvine-based firm Irvine – December 23, 2021 – SB Real Estate Partners (SBREP) has made its second multifamily investment in the Las Vegas MSA over the past seven weeks with the $73.1 million off-market acquisition of St. Croix Apartments, a 256-unit garden-style …

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SB Real Estate Buys 2nd Las Vegas Asset for $73M

By Anda Rosu December 23, 2021 The company plans to invest $4 million into capital improvements. SB Real Estate Partners has purchased its second multifamily community in Las Vegas, the 256-unit St. Croix, for $73.1 million, in an off-market transaction. Cushman & Wakefield brokered the sale on behalf of the seller, Strata Equity, while Berkadia arranged …

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