Next Wave Investors, a private equity firm focused on value-add multifamily investments, Las Vegas, Nevada
Next Wave Investors, a private equity firm focused on value-add multifamily investments, has expanded its portfolio in Las Vegas, Nevada with the acquisition of an 88-unit multifamily apartment community, Villaggio Di Murano.
The property was acquired in an off-market transaction at a discount to replacement cost, according to Jordan Fisher, principal at Next Wave, who confirmed that Next Wave acquired the asset from a Southern-California based multifamily investment group for $14.50 million.
Article Source: Multifamilyexecutive.com