SB Real Estate Partners has acquired The Russell Apartments, a 241-unit garden-style apartment home community for $67.0 million, marking the California-based multifamily investment firm’s entry into the Las Vegas real estate market. The acquisition of The Russell represents a compelling value-add opportunity for SBREP, which plans to execute a $2 million capital improvement plan.
SB Real Estate Partners Enters Las Vegas Multifamily Market with $67 Million Acquisition
