Starlight U.S. Residential Fund Acquires Bascom Group's Multifamily In Las Vegas For $135.2M

The multifamily property located at 304 East Silverado Ranch in Las Vegas, Nevada was recently sold in a closed transaction. The sale took place on November 17, 2021.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $135,200,000
• Address: 304 East Silverado Ranch, Las Vegas, Nevada
• Market: Las Vegas, Nevada
• Buyer: Starlight U.S. Residential Fund
• Seller: Bascom Group
• Brokers: Curt Allsop, Angela Bates, Doug Schuster, Vittal Ram, Matthew Williams & James Maynard - Newmark
• Units: 376
• Price per Unit: $359,575

The transaction involved the sale of a multifamily property in Las Vegas. Starlight U.S. Residential Fund acquired the property from Bascom Group for a total price of $135,200,000. The property, located at 304 East Silverado Ranch, consists of 376 units, with a price per unit of $359,575. The deal was facilitated by brokers Curt Allsop, Angela Bates, Doug Schuster, Vittal Ram, Matthew Williams, and James Maynard from Newmark.