RSE Capital Partners (“RSE”) and Interwest Capital Group (“Interwest”) recently announced the closing of EVO Apartments, a newly-built rental community in Las Vegas, NV. Built-in 2018, the Class A property features top-notch amenities and ease of access to employment centers, major area thoroughfares and a mix of shopping, dining and entertainment options.
The JV partners are excited about the acquisition and believe that the asset is well-positioned to take advantage of the strong employment and population growth trends that are driving increased demand for quality rental housing in the southwest Las Vegas submarkets.
“EVO Apartments is a beautiful asset in one of Las Vegas’ fastest-growing submarkets. This acquisition indicates our continued faith in markets that feature strong job growth along with a supply-demand imbalance,” said Interwest’s Director of Acquisitions, Elliot Burrell. “We look forward to executing our business plan with RSE as our partners.”