CBRE BROKERS SALE OF THREE-PROPERTY MULTIFAM. PORTFOLIO FOR APPROX. $10.6M

LAS VEGAS — CB Richard Ellis has negotiated the $10.575 million sale of a three-property, 475-unit multifamily portfolio in Las Vegas. Paradise Square, Bella Estates and Regency Heights are located at 4801 Harrison Drive, 5101 E. Twain Ave. and 3650 E. Lake Mead Blvd., respectively. CBRE’s Spencer Ballif and Jeff Swinger represented Leeward Strategic Properties in its disposition of the portfolio to Strategic Realty Capital.