June 10, 2022

Sunridge Apartments Acquired

Atlantic Creek Real Estate Partners, LLC (“Atlantic Creek”) is pleased to announce the joint venture acquisition of Sunridge Apartments (“Sunridge” or the “Property”) in Las Vegas, NV. Acquisition of the Property closed on June 10, 2022. Sunridge is comprised of a 216-unit, class B, garden-style, multi-family apartment community consisting of 18, two-story buildings and one clubhouse/leasing office. The investment plan is to renovate and reposition the Property to take advantage of its convenient location that offers excellent access to several of the Las Vegas MSA’s major employment nodes.

Sunridge is located 7.0 miles east of the famous Las Vegas Strip and is directly connected via NV-612 to Nellis Air Force Base, 7.5 miles north of the Property. Additionally, the Property benefits from its proximity to Harry Reid International Airport and other major employers located in Downtown Las Vegas and Henderson.

Atlantic Creek has offices in New York, NY and Palm Beach, FL and primarily targets direct and joint venture investments in opportunistic and value add office, retail, and multi-family commercial real estate, primarily located on the East and West Coasts of the U.S., Texas, and other select U.S. markets.

For further information on new acquisitions and joint venture opportunities, please contact Jon Trucano, Senior Vice President, in our Palm Beach, FL office at (561) 275-7702.