An RCMI affiliate and APW Avenue Group jointly acquired The Village at Iron Blossom, a 404-unit apartment complex at 695 E. Patriot Blvd. in Reno, Nevada, from MG Properties for $96.25 million, or approximately $238,240 per unit.
Reno apartment complex sells after receiving 10 bids
Los Angeles-based APW Avenue Group and RCMI acquire 404-unit property
By Aaron Tamblyn with
April 9, 2026 | 4:48 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- The Village at Iron Blossom
695 Patriot Blvd, Reno, NV
- Companies
- RCMI
Real Estate
- MG Properties
Real Estate
- Contacts
- Jonathan Merhaut
Vice Chairman, Newmark
- Joseph Smolen
Executive Vice Chariman, Newmark
- Geoff Boler
Executive Vice Chairman, Newmark