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California Firm Expands Las Vegas Footprint with $29.5 Million Acquisition of Evergreen Apartments

Tower 16 Acquires 314-Unit Multifamily Complex in Las Vegas
By Taylor Damm
CoStar News
November 30, 2018 | 9:56 P.M.

Tower 16, a full service investment and management firm, purchased a 314-unit multifamily complex in Las Vegas from The Apartment Company. Evergreen Apartments sold for $29.5 million, or about $94,000 per unit.

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News | California Firm Expands Las Vegas Footprint with $29.5 Million Acquisition of Evergreen Apartments