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Chicago Investor Rolls the Dice on Apartments in High-Demand Las Vegas

Deal for Newly Built Property Near Vegas Strip Is Among Priciest This Year in Gambling Capital
Chicago-based Walton Street Capital acquired the 286-unit Elysian at the Palms apartment property, completed earlier this year near the Las Vegas Strip. (Cushman & Wakefield)
Chicago-based Walton Street Capital acquired the 286-unit Elysian at the Palms apartment property, completed earlier this year near the Las Vegas Strip. (Cushman & Wakefield)
CoStar News
November 10, 2021 | 1:12 AM

A newly built apartment property near the Las Vegas Strip is feeling like a sure thing for a Chicago-based investor who anted up for one of the biggest multifamily deals of the past year in the gambling capital.

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