Continental Realty Assets, a subsidy of Continental Realty Group, has acquired has acquired two apartment properties in Las Vegas for a combined $50 million on behalf of a private client.

The properties include the 240-unit Laurel Park Apartments and 168-unit Villa Del Rio Apartments in Las Vegas.

CRA has been an active Las Vegas buyer and seller in 2019, with its May disposition of an 1,194-unit portfolio and March acquisition of the 63-unit Onyx Apartments located near MGM Grand.

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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.

Las Vegas
Multifamily
Capital Markets