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Las Vegas Apartment Sale Among Region’s Largest of Past Year

Seminole Tribe Acquires Property Near Vegas Strip Amid Slowdown in Transactions
The Seminole Tribe of Florida acquired the 228-unit Alton Southern Highlands apartment property in Las Vegas from Wood Partners for about $79 million. (CoStar)
The Seminole Tribe of Florida acquired the 228-unit Alton Southern Highlands apartment property in Las Vegas from Wood Partners for about $79 million. (CoStar)
CoStar News
August 23, 2023 | 7:31 P.M.

The sale of a newly built Las Vegas apartment property for about $79 million is among the region’s largest of the past year, amid a slowdown in multifamily rent growth and sales transactions.

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