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Las Vegas Townhouse Rental Property Grabs Top Dollar Even as Regional Demand Cools

Los Angeles-Based Banyan Residential Enters Region With Purchase of Newly Built Complex
Investment firm Banyan Residential acquired a Las Vegas townhouse rental complex for approximately $61 million. (CoStar)
Investment firm Banyan Residential acquired a Las Vegas townhouse rental complex for approximately $61 million. (CoStar)
CoStar News
January 4, 2023 | 9:35 P.M.

A Las Vegas rental property sold for about $61 million, among the region’s largest multifamily deals of the past year even as historically high demand has leveled off in recent months.

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