Next Wave Investors, LLC (“Next Wave”), a private equity firm focused on value-add multifamily investments through subsidiary investment vehicles, has deepened its investment in the Western US with the acquisition of 380 multifamily units spanning four apartment communities, including 96-unit La Estrella Vista and 149 of the 160-unit Westover Parc in Phoenix, Arizona; 72-unit Bella Vida in Las Vegas, Nevada; and 63-unit Townhomes at Mountain Ridge in Salt Lake City, Utah.
Article source: Utah Business