Continental Realty Group Closes on Two Las Vegas Apartments

Continental Realty Group buys two apartment properties in Las Vegas for $50 million.

Continental Realty Assets, a subsidy of Continental Realty Group, has acquired has acquired two apartment properties in Las Vegas for a combined $50 million on behalf of a private client.

The properties include the 240-unit Laurel Park Apartments and 168-unit Villa Del Rio Apartments in Las Vegas.

CRA has been an active Las Vegas buyer and seller in 2019, with its May disposition of an 1,194-unit portfolio and March acquisition of the 63-unit Onyx Apartments located near MGM Grand.