Housing

Two apartment complexes near Nellis sell for over $60M

By Eli Segall / Las Vegas Review-Journal

October 4, 2018 - 3:47 pm

Updated October 4, 2018 - 8:32 pm

Westland Real Estate Group bought Liberty Village, seen above, and neighboring Village Square for $60.3 million total. The apartment complexes are near Nellis Air Force Base. (Northcap)

Westland Real Estate Group bought Village Square, seen above, and neighboring Liberty Village for $60.3 million total. The apartment complexes are near Nellis Air Force Base. (Northcap)

A California developer bought two neighboring apartment complexes near Nellis Air Force Base for more than $60 million combined.

Westland Real Estate Group acquired Liberty Village, 4870 Nellis Oasis Lane, and Village Square, 5025 Nellis Oasis Lane, for $60.3 million total, according to an announcement this week from its broker on the deal, Las Vegas-based Northcap.

The properties have 1,129 units combined.

Long Beach, California-based Westland, led by President Yanki Greenspan, started buying multifamily properties in the Las Vegas area in 2010 and now owns nearly 10,000 units in the region, Northcap said.

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

Centennial Hills residents speak out against proposed Ann Road rental community

By Emerson Drewes / RJ

December 19, 2024 - 9:47 am

Despite push back on the project, it received approval from the Las Vegas City Council

A house at 1433 Cottonwood Place is seen Wednesday, December 18, 2024, in Las Vegas. (Sam Morri ...

Huntridge neighborhood home added to Las Vegas historic register

By Emerson Drewes / RJ

December 18, 2024 - 12:15 pm

What looks to be an unassuming sea foam green, one-story home in the Huntridge neighborhood, is rich with World War II era history.

$636 million Badlands tentative settlement agreement OK’d by Las Vegas City Council

By Jessica Hill / RJ

December 18, 2024 - 5:57 pm

The Las Vegas City Council voted to approve a $636 million settlement agreement over the longstanding Badlands case. But it’s not over yet.

Residents of complex that needed emergency fix will have to pay over $8K each

By Annie Vong / RJ

December 17, 2024 - 8:41 pm

Somerset Park residents were told how much they will need to pay Henderson for water repairs, but it remains unclear how long they will have to pay the bill.

How much did a house cost in Las Vegas before the pandemic?

By Patrick Blennerhassett / RJ

December 18, 2024 - 7:33 pm

Las Vegas Realtors data shows the median sale price has risen more than $160,000 since December 2019 — before the COVID pandemic swept across the globe.

$28M home in Summerlin’s Summit Club on the market, more

By Emerson Drewes / RJ

December 17, 2024 - 6:00 am

The most expensive new home lists range from $28 million to $7.5 million, according to Las Vegas Realtors.

More than 1,400 new homes planned for North Las Vegas

By Patrick Blennerhassett / RJ

December 16, 2024 - 11:07 am

KB Home has purchased over 200 acres of land in North Las Vegas and plans to build a community of new homes for first-time homebuyers.

The Nevada Legislature building during the 82nd Session of the Legislature on Wednesday, Feb. 8 ...

Review-Journal investigation prompts legislative push to reform probate

By Eli Segall / RJ

December 16, 2024 - 7:00 am

Nevada’s Senate Judiciary Committee chairwoman wants to make changes after the Review-Journal found heirs often don’t get money through probate cases.

The home that used to be owned by famed Las Vegas comedian Jerry Lewis recently sold for $1.53M ...

Jerry Lewis’ Las Vegas home sells again

By Patrick Blennerhassett / RJ

December 13, 2024 - 9:03 am

Jerry Lewis’ former house has sold again, adding to a long list of transactions related to the property over the past few years.

Report: Las Vegas one of the least affordable housing markets in the country

By Patrick Blennerhassett / RJ

December 12, 2024 - 10:50 am

Las Vegas is joining the ranks of several California cities, with unaffordable housing prices, according to the Urban Land Institute Home Attainability Index.