THE SIEGEL GROUP ACQUIRES 228-UNIT APARTMENT COMPLEX FOR $14.5 MILLION

LAS VEGAS — The Siegel Group Nevada Inc., a commercial real estate and business development company, has acquired Mark Twain Apartments, a 228-unit apartment complex in Las Vegas. The company purchased the property from an undisclosed seller for $14.5 million. SASCO Properties, a division of The Siegel Group Nevada Inc., will assume operational control of the property and rename the community Siegel Suites Twain II. The company also plans to convert the property into its flexible-stay program, which offers residential accommodations to tenants seeking short- or long-term lease agreements.