Security Properties has acquired Lofts at 7100 for $80 million. The acquisition grows Security's Las Vegas portfolio to five properties and 1,500 units.

Lofts at 7100 is a class-A wrap-style multifamily community developed in 2008. It totals 379 units and features eleven-foot ceilings, up to 30ft in select loft-style units, fully appointed kitchens, full size washer/dryers and either a private patio/balcony or sunroom.

The property will be managed by Security Properties-affiliate Security Properties Residential.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.