60°F
weather icon Mostly Cloudy

California firm buys Henderson apartment complex for $155M

A big apartment complex in Henderson has traded hands for more than $150 million.

Kennedy Wilson, a Beverly Hills, California-based real estate firm, announced last week that it acquired 3001 Park for $155 million.

The 528-unit property, 3001 W. Warm Springs Road, at Green Valley Parkway, is 95 percent occupied, the new landlord said. It’s planning apartment and amenity upgrades “to enhance the renter experience.”

The acquisition brings Kennedy Wilson’s Las Vegas-area apartment portfolio to over 2,300 market-rate units.

It boasts more than 35,000 multifamily units globally, including 4,500 units under development.

Contact Eli Segall at esegall@reviewjournal.com or 702-383-0342. Follow @eli_segall on Twitter.

MOST READ
Don't miss the big stories. Like us on Facebook.
MORE STORIES
THE LATEST
 
Nevada No. 1 in adding real estate agents, study says

Experts say there are a variety of reasons why the real estate industry is growing in Nevada, even though the profession is losing numbers nationally.

Las Vegas Valley’s most expensive home listings for September

With the top 10 most expensive new home listings from September range from $15 million to $7.7 million, according to Las Vegas Realtors, three of them were condos or penthouses located in premier Las Vegas neighborhoods.

 
Rents are dropping in Las Vegas Valley, study says

A new report shows a slight drop in asking rental rates in Las Vegas as Sun Belt cities across the country see declines. Here’s why.

 
Floyd Mayweather selling Las Vegas mansion — PHOTOS

Multimillionaire boxer Floyd Mayweather’s Southern Highlands home features a five-car garage and something celebrity real agent Matt Altman has never seen before.

Major homebuilder buys prime land on Boulder Highway

One of the Las Vegas Valley’s largest homebuilders has snatched up 20 acres of prime land in the southeast valley for $19 million.