Chicago-based Oak Residential Partners has acquired Hacienda Heights Apartments in Las Vegas. The acquisition markets the firm's third deal in Las Vegas since 2017.

Hacienda Heights Apartments is a 216-unit garden-style apartment community near the rapidly growing and top-rated community of Whitney Ranch, located in Henderson, Nevada. Oak Residential purchased the property from the original developer. It features one, two, and three bedroom floorplans with nine-foot ceilings and a swimming pool, 24-hour fitness center, BBQ & picnic areas, clubhouse with kitchen and fireside lounge, a business center with high speed internet access and a leasing office.

Oak plans to modernize the community, focusing primarily on renovation of the unit interiors, including the addition of new faux-wood flooring, stainless steel appliances, resurfaced counters, blinds and lighting fixtures, and a backsplash. Plans also include improvements to the property's amenities, building exteriors, and landscaping, as well as a rebranding and name change.

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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.