{"id":1004092397,"date":"2014-03-09T17:57:05","date_gmt":"2014-03-10T01:57:05","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=245158"},"modified":"2022-12-08T06:04:11","modified_gmt":"2022-12-08T14:04:11","slug":"siegel-group-buys-119-unit-m-f-property-near-strip-expanding-flexible-stay-portfolio","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/siegel-group-buys-119-unit-m-f-property-near-strip-expanding-flexible-stay-portfolio\/","title":{"rendered":"Siegel Group Buys 119-Unit M-F Property Near Strip, Expanding Flexible-Stay Portfolio"},"content":{"rendered":"<p class=\"MsoNormal\"><em>By Alex Girda, Associate Editor<\/em><\/p>\n<p class=\"MsoNormal\">The Siegel Group Nevada Inc. recently expanded its local apartment portfolio with a purchase near the Las Vegas Strip. The commercial real estate and business development company has completed a $4.2 million deal for Solana Square, a 119-unit property located off Paradise Road. The Siegel Group plans to rename the property Siegel Suites Twain III, one of 23 flexible-stay communities Siegel Group operates throughout Nevada.<\/p>\n<p class=\"MsoNormal\">Completed in 1987, Solana Square is located near the Hughes Center, as well as the Wynn Golf Course, which is located just across the street from the community. Occupancy averages 90 percent.<\/p>\n<p class=\"MsoNormal\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/03\/siegel-suites-twain1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-245160\" title=\"siegel suites twain\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/03\/siegel-suites-twain1.jpg\" alt=\"\" width=\"300\" height=\"123\" \/><\/a>Siegel Group also owns another nearby property, the 186-unit Siegel Suites Twain. Operating the two properties together is expected to reduce operating costs.<\/p>\n<p>Stephen Siegel, the company&#8217;s CEO, indicated in a statement that the firm is looking to \u201ccontinue expanding the brand throughout Southern and Northern Nevada with new markets such as California and Arizona to follow soon..<\/p>\n<p>Image courtesy of<em>\u00a0lasvegas.com<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Siegel Group Nevada, Inc. recently expanded its local apartment portfolio with a purchase near the Las Vegas Strip. The commercial real estate and business development company has completed a deal worth approximately $4.2 million for the apartment property known as Solana Square. The Siegel Group plans to add the newly acquired asset to its Siegel Suites Brand, which currently offers a number of flexible stay residential communities throughout the state of Nevada. With the addition of Solana Square, Siegel Group now operates 23 such communities in the Silver State.<\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1593,21742],"tags":[1815],"class_list":["post-1004092397","post","type-post","status-publish","format-standard","hentry","category-las-vegas","category-latest","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Siegel Group Buys 119-Unit M-F Property Near Strip, Expanding Flexible-Stay Portfolio - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/siegel-group-buys-119-unit-m-f-property-near-strip-expanding-flexible-stay-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Siegel Group Buys 119-Unit M-F Property Near Strip, Expanding Flexible-Stay Portfolio\" \/>\n<meta property=\"og:description\" content=\"The Siegel Group Nevada, Inc. recently expanded its local apartment portfolio with a purchase near the Las Vegas Strip. The commercial real estate and business development company has completed a deal worth approximately $4.2 million for the apartment property known as Solana Square. The Siegel Group plans to add the newly acquired asset to its Siegel Suites Brand, which currently offers a number of flexible stay residential communities throughout the state of Nevada. With the addition of Solana Square, Siegel Group now operates 23 such communities in the Silver State.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/siegel-group-buys-119-unit-m-f-property-near-strip-expanding-flexible-stay-portfolio\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-03-10T01:57:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T14:04:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/03\/siegel-suites-twain1.jpg\" \/>\n<meta name=\"author\" content=\"Alex Girda\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/siegel-group-buys-119-unit-m-f-property-near-strip-expanding-flexible-stay-portfolio\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/siegel-group-buys-119-unit-m-f-property-near-strip-expanding-flexible-stay-portfolio\\\/\"},\"author\":{\"name\":\"Alex Girda\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/540f0253de89dedaae7684239611b81c\"},\"headline\":\"Siegel Group Buys 119-Unit M-F Property Near Strip, Expanding Flexible-Stay Portfolio\",\"datePublished\":\"2014-03-10T01:57:05+00:00\",\"dateModified\":\"2022-12-08T14:04:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/siegel-group-buys-119-unit-m-f-property-near-strip-expanding-flexible-stay-portfolio\\\/\"},\"wordCount\":173,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/siegel-group-buys-119-unit-m-f-property-near-strip-expanding-flexible-stay-portfolio\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/03\\\/siegel-suites-twain1.jpg\",\"keywords\":[\"National\"],\"articleSection\":[\"Las Vegas\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/siegel-group-buys-119-unit-m-f-property-near-strip-expanding-flexible-stay-portfolio\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/siegel-group-buys-119-unit-m-f-property-near-strip-expanding-flexible-stay-portfolio\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/siegel-group-buys-119-unit-m-f-property-near-strip-expanding-flexible-stay-portfolio\\\/\",\"name\":\"Siegel Group Buys 119-Unit M-F Property Near Strip, Expanding Flexible-Stay Portfolio - 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