Next Wave Investors buys 380 value-add apartment units in Phoenix, Salt Lake City and Las Vegas.
Next Wave Investors has acquired 380 apartment units in Phoenix, Salt Lake City and Las Vegas. The value-add investment firm is bullish on these secondary Western US markets, which have shown significant growth in recent years and have become a good late-cycle play. Next Wave is bullish on these three markets because of that recent growth and the future growth potential.
Article source: GlobeSt.com