LaSalle Investment Management has acquired Ely at The Curve, a 456-unit apartment community in the Spring Valley suburb of Las Vegas, from The Calida Group for $155.6 million.
Located at 6355 South Riley St., Ely at The Curve was built in 2010 and features a mix of one- and two-bedroom units averaging 945 square feet. The units have walk-in closets, stainless steel dishwashers and high ceilings with crown molding, and the property is fully amenitized with two swimming pools, private cabanas, a clubhouse with coffee bar, a fitness center and an outdoor lounge with fireplace.
The property is also located in a highly sought-after location with easy access to both the Las Vegas Strip and the greater Las Vegas Valley. It is also proximate to several office hubs, including the McCarran office submarket, Spring Valley corridor and Downtown Las Vegas.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Kelsi Maree Borland
