X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SPARKS, NV—A.G. Spanos Cos. has sold Eastland Hills, a 296-unit multifamily property here, to Standard Management Co. for $27.5 million. The property was constructed in 1998 and is composed of 21 buildings situated across almost 16 acres. IPA EVP Stanford Jones and VP investments Philip Saglimbeni and Salvatore Saglimbeni advised the seller in the transaction, and Kenneth N. Blomsterberg, first VP investments in Marcus & Millichap‘s Reno office also provided representation. The same team also advised the buyer.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.