A lower cost of living and perceived higher quality of life compared to nearby California markets has attracted a surge of apartment renters to Reno, Nevada, pushing deal velocity and sales volume to nearly 10 times what the city averaged prior to the pandemic.
Reno Multifamily Deal Shatters Records As Pandemic Population Shifts Propel Demand
MG Properties Group Pays Hefty Price for Complex as Nevada City's Deal Volume Surpasses $1 Billion
By Katie Burke
CoStar News
March 9, 2022 | 10:31 P.M.
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IN THIS ARTICLE
- Properties
- North Peak Apartments
8001 Military Rd, Reno, NV
- Lumina at Spanish Springs
6600 Rolling Meadows Dr, Sparks, NV
- Companies
- MG Properties
Real Estate
- ERGS, Inc.
Real Estate