{"id":1004210507,"date":"2018-03-16T06:36:53","date_gmt":"2018-03-16T14:36:53","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004210507"},"modified":"2022-12-09T02:08:53","modified_gmt":"2022-12-09T10:08:53","slug":"calida-grows-vegas-portfolio-with-180-units","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/calida-grows-vegas-portfolio-with-180-units\/","title":{"rendered":"Calida Grows Vegas Portfolio With 180 Units"},"content":{"rendered":"<p>By Tudor Scolca<\/p>\n<div id=\"attachment_1004186265\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/internal.multihousingnews.com\/wp-content\/uploads\/sites\/46\/2018\/03\/Hampton-Gardens.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004186265\" class=\"wp-image-1004186265 size-medium\" src=\"https:\/\/internal.multihousingnews.com\/wp-content\/uploads\/sites\/46\/2018\/03\/Hampton-Gardens.jpg\" alt=\"Hampton Gardens, at 9750 Peace Way\" width=\"300\" height=\"225\" \/><\/a><p id=\"caption-attachment-1004186265\" class=\"wp-caption-text\">Hampton Gardens, 9750 Peace Way, Las Vegas<\/p><\/div>\n<p>The Calida Group has acquired a 180-unit community located in the western part of Las Vegas. Hampton Garden traded for $27.5 million, with Pacific Coast Capital Partners providing a $24 million senior loan to the buyer.<\/p>\n<p>A CBRE team arranged the financing package on behalf of Calida, with the capital used both for acquisition and renovations to the community. Located at 9750 Peace Way, Hampton Garden comprises 16 buildings, with a floorplan mix of 48 one-bedroom and 132 two-bedroom units. Sizes range from 800 to 1,100 square feet. Common amenities include:<\/p>\n<ul>\n<li>clubhouse<\/li>\n<li>fitness center<\/li>\n<li>swimming pool<\/li>\n<li>spa<\/li>\n<li>picnic areas<\/li>\n<li>200 parking spaces<\/li>\n<\/ul>\n<p>The neighborhood surrounding Hampton Garden presents multiple dining, entertainment and shopping destinations, including a Walmart Supercenter. The Bruce Woodbury Beltway, just east of the property, provides access around the Vegas metro area.<\/p>\n<p>Many\u00a0<a href=\"https:\/\/www.multihousingnews.com\/post\/cranes-keep-the-strip-in-growth-mode-in-las-vegas\/\">large-scale developments in Las Vegas<\/a>\u00a0are underway, consequently spurring multifamily projects as well, with around 11,000 units in the planning and permitting stages. According to PCCP LLC, the Summerlin\/Spring Valley area is a consistently top-performing submarket, with robust absorption on the employer and renter side alike.<\/p>\n<p><em>Image courtesy of Yardi Matrix<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New ownership will use part of the loan received from PCCP LLC to renovate the community. Hampton Garden is located in the Summerlin\/Spring Valley area, a top-performing submarket.<\/p>\n","protected":false},"author":1284,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21825,1593,21742,15],"tags":[32789,33053,39325],"class_list":["post-1004210507","post","type-post","status-publish","format-standard","hentry","category-deals","category-finance","category-las-vegas","category-latest","category-west","tag-cbre","tag-pccp-llc","tag-the-calida-group"],"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>Calida Grows Vegas Portfolio With 180 Units - 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\/calida-grows-vegas-portfolio-with-180-units\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Calida Grows Vegas Portfolio With 180 Units\" \/>\n<meta property=\"og:description\" content=\"New ownership will use part of the loan received from PCCP LLC to renovate the community. Hampton Garden is located in the Summerlin\/Spring Valley area, a top-performing submarket.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/calida-grows-vegas-portfolio-with-180-units\/\" \/>\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=\"2018-03-16T14:36:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T10:08:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/internal.multihousingnews.com\/wp-content\/uploads\/sites\/46\/2018\/03\/Hampton-Gardens.jpg\" \/>\n<meta name=\"author\" content=\"Tudor Scolca\" \/>\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\\\/calida-grows-vegas-portfolio-with-180-units\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/calida-grows-vegas-portfolio-with-180-units\\\/\"},\"author\":{\"name\":\"Tudor Scolca\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/daae3daa7b99fdfb75a85cb3cd92a26d\"},\"headline\":\"Calida Grows Vegas Portfolio With 180 Units\",\"datePublished\":\"2018-03-16T14:36:53+00:00\",\"dateModified\":\"2022-12-09T10:08:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/calida-grows-vegas-portfolio-with-180-units\\\/\"},\"wordCount\":199,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/calida-grows-vegas-portfolio-with-180-units\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/internal.multihousingnews.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/03\\\/Hampton-Gardens.jpg\",\"keywords\":[\"CBRE\",\"PCCP LLC\",\"The Calida Group\"],\"articleSection\":[\"Deals\",\"Finance\",\"Las Vegas\",\"News\",\"West\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/calida-grows-vegas-portfolio-with-180-units\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/calida-grows-vegas-portfolio-with-180-units\\\/\",\"name\":\"Calida Grows Vegas Portfolio With 180 Units - 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