Las Vegas New Construction & Proposed Multifamily Projects

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Las Vegas New Construction & Proposed Multifamily Projects Las Vegas New Construction & Proposed Multifamily Projects 1Q19 26 ID PROPERTY UNITS 16 3 Echo 1055 215 7 36 4 Degree, The 226 15 5 Elysian at Flamingo 360 38 7 Vue at Centennial Phase II 261 Total Lease Up 1,062 11 Tanager 267 12 Pace 190 13 Eden Phase II 128 14 University Gateway 125 Total Under Construction 710 18 15 Vue at Centennial Phase III 314 16 West Deer Springs Way & 27 Grand Montecito Pkwy 491 37 39 17 Elysian at Tivoli 359 18 Vegas Trade Village 264 19 Palms Redevelopment, The 1,480 20 Royal Crest 300 21 3200 West Twain Avenue 287 Total Planned 3,495 28 31 17 32 29 30 35 26 Villages at Centennial Springs 154 34 27 Elysian at Buffalo 220 33 28 Aspen Heights Las Vegas 325 11 19 29 Avante Lofts 260 30 Downtown 57 Phase 1 250 51 31 Downtown 57 Phase 2 250 20 32 Midtown - Downtown 478 21 48 33 South Casino Center Blvd & 117 5 49 East Utah Avenue 13 4 34 Thunderbird Lofts 370 49 U District Phases II & III 364 35 Veterans Village Phase II 204 50 Cameron Street & 14 Tropicana Avenue 293 56 50 3 36 North 5th Street & East Rome Blvd 176 55 51 Polaris Avenue & Spring 37 Rancho / Decatur 738 Mountain Road 471 38 Shadow Hills 64 55 Ely at Fort Apache 206 12 39 Carey Avenue & Pecos Road 118 56 Tropicana Avenue Senior 182 48 Elysian at Hughes Center 368 Total Prospective 5,608 1 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company Las Vegas New Construction & Proposed Multifamily Projects 1Q19 ID PROPERTY UNITS 1 Empire 536 2 Kaktus Life I 210 6 Well, The 396 Total Lease Up 1,142 25 8 Kaktus Life III 614 9 Bruner Avenue & Gilespie Street 344 24 10 Residence at Seven Hills, The 286 6 41 Total Under Construction 1,244 23 42 54 22 8 22 Abode - Buffalo Sunset, The 418 58 23 South Cimarron Road & West Sunset Road 260 24 UnCommons 875 57 25 West Hacienda Avenue & 181 South Riley Street 63 47 53 Total Planned 1,734 59 43 40 60 46 40 27 Lofts 85 62 41 Aspen Peak Phase II 50 42 South Mountain Vista Street & Olympic Avenue 392 43 Summit on Boulder, The 144 1 44 44 Waverly 254 2 10 45 Aspen Heights Henderson 312 61 46 Life Time Living Mixed 52 Use Campus 147 47 Wigwam Lofts 350 9 52 Bermuda and St. Rose 219 45 53 East Ford Avenue & South Maryland Pkwy 100 54 8146 Rafael Rivera Way 364 57 8090 Giles Street 235 58 Arby Avenue Mixed Use 271 59 Blue Diamond Road & South Lindell Road 320 60 Blue Diamond Road & South Quarterhorse Lane 92 61 Gilespie Street & East Starr Avenue 220 62 Silverado Ranch Blvd 68 63 South Fort Apache Road & West Wigwam Avenue 160 Total Prospective 3,783 1 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company Las Vegas New Construction and Proposed Multifamily Projects PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET OWNER DATE COMPLETION DATE RENT-UP 1 Empire 915 Alper Center Drive Henderson NV 89052 Lease-Up 536 Henderson West Nevada West Development 12/11/2017 12/31/2020 01/31/2019 2 Kaktus Life I 10650 Dean Martin Drive Las Vegas NV 89141 Lease-Up 210 Enterprise TRU Development 11/30/2017 11/30/2019 03/25/2019 3 Echo 1055 1055 East Tropicana Avenue Las Vegas NV 89119 Lease-Up 215 Las Vegas Strip Redbridge Capital 01/01/2018 08/31/2019 11/01/2018 4 Degree, The 4259 South Maryland Pkwy Las Vegas NV 89119 Lease-Up 226 Las Vegas Strip Midby Companies, The 05/01/2016 08/31/2019 06/15/2018 5 Elysian at Flamingo 4150 South Hualapai Way Las Vegas NV 89147 Lease-Up 360 Spring Valley West Calida Group, The 12/08/2017 06/30/2019 11/29/2018 6 Well, The 1050 Wellness Place Henderson NV 89011 Lease-Up 396 Henderson East Wolff Company, The 11/01/2017 05/31/2019 08/16/2018 7 Vue at Centennial Phase II 7350 West Centennial Pkwy Las Vegas NV 89131 Lease-Up 261 Las Vegas NW Blue Marble Development 12/01/2016 04/30/2019 07/01/2017 Total Lease-Up 2,204 8 Kaktus Life III 8030 West Maule Avenue Las Vegas NV 89113 Under Construction 614 Spring Valley West TRU Development 12/15/2018 12/31/2022 9 Bruner Avenue & Gilespie Street SWC Bruner Avenue & Gilespie Street Henderson NV 89044 Under Construction 344 Enterprise Nevada West Development 05/15/2018 12/31/2020 Fleischman Street & Sunridge 10 Residence at Seven Hills, The Henderson NV 89052 Under Construction 286 Henderson West Ovation Development 07/01/2018 09/30/2020 Heights Pkwy Summerlin / Blue Howard Hughes 11 Tanager 2375 Spruce Goose Street Summerlin South NV 89135 Under Construction 267 07/01/2018 07/01/2020 Diamond Corporation, The South Fort Apache Road & West 12 Pace Spring Valley NV 89148 Under Construction 190 Spring Valley West Wolff Company, The 08/01/2018 11/30/2019 Russell Road Summerlin / Blue 13 Eden Phase II 4350 South Hualapai Way Las Vegas NV 89147 Under Construction 128 Nevada West Development 07/15/2018 07/31/2019 Diamond 14 University Gateway 4700 South Maryland Pkwy Las Vegas NV 89119 Under Construction 125 Las Vegas Strip G2 Capital Development 01/04/2018 05/31/2019 Total Under Construction 1,954 15 Vue at Centennial Phase III 7350 West Centennial Pkwy Las Vegas NV 89131 Planned 314 Las Vegas NW Blue Marble Development West Deer Springs Way & Grand West Deer Springs Way & Grand 16 Las Vegas NV 89149 Planned 491 Las Vegas NW Calida Group, The Montecito Pkwy Montecito Pkwy 17 Elysian at Tivoli Alta Drive & South Rampart Blvd Las Vegas NV 89145 Planned 359 Las Vegas Central Calida Group, The NEC West Cheyenne Avenue & 18 Vegas Trade Village North Las Vegas NV 89030 Planned 264 North Las Vegas West Meldrum, Floyd A. North Commerce Street 19 Palms Redevelopment, The 713 East Sahara Avenue Las Vegas NV 89104 Planned 1,480 Winchester Florida East Coast Realty 20 Royal Crest 602 North Royal Crest Circle Las Vegas NV 89169 Planned 300 Las Vegas Strip DG Development 21 3200 West Twain Avenue 3200 West Twain Avenue Las Vegas NV 89102 Planned 287 Bracken Fore Property Company SEC South Buffalo Drive & West Pillar Income Asset 22 Abode - Buffalo Sunset, The Spring Valley NV 89113 Planned 418 Spring Valley West Sunset Road Management South Cimarron Road & West South Cimarron Road & West 23 Spring Valley NV 89113 Planned 260 Spring Valley West Picerne Group, The Sunset Road Sunset Road South Durango Drive & West 24 UnCommons Spring Valley NV 89113 Planned 875 Spring Valley West Matter Real Estate Group Russell Road West Hacienda Avenue & South West Hacienda Avenue & South 25 Spring Valley NV 89113 Planned 181 Spring Valley West Picerne Group, The Riley Street Riley Street Total Planned 5,229 Source: Yardi Matrix Las Vegas New Construction and Proposed Multifamily Projects PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET OWNER DATE COMPLETION DATE RENT-UP 26 Villages at Centennial Springs Farm Road & Tule Springs Road Las Vegas NV 89143 Prospective 154 Las Vegas NW Robhana Group North Buffalo Drive & Trinity 27 Elysian at Buffalo Las Vegas NV 89128 Prospective 220 Las Vegas Central Calida Group, The Peak Avenue 28 Aspen Heights Las Vegas 251 South City Pkwy Las Vegas NV 89106 Prospective 325 South Las Vegas Southern Land Company, The 29 Avante Lofts 824 South 6th Street Las Vegas NV 89101 Prospective 260 Downtown Las Vegas Miro Development 30 Downtown 57 Phase 1 324 South Maryland Pkwy Las Vegas NV 89101 Prospective 250 Downtown Las Vegas Shooploop 31 Downtown 57 Phase 2 1020 Lewis Avenue Las Vegas NV 89101 Prospective 250 Downtown Las Vegas Shooploop 32 Midtown - Downtown 900 South Casino Center Blvd Las Vegas NV 89101 Prospective 478 Downtown Las Vegas Royce Realty & Management South Casino Center Blvd & East South Casino Center Blvd & East 33 Las Vegas NV 89104 Prospective 117 Downtown Las Vegas Mason, Dave Utah Avenue Utah Avenue I&L Investments and 34 Thunderbird Lofts 1215 South Las Vegas Blvd Las Vegas NV 89104 Prospective 370 Downtown Las Vegas Management 35 Veterans Village Phase II 50 North 21st Street Las Vegas NV 89101 Prospective 204 Downtown Las Vegas Stalk, Arnold R. 36 North 5th Street & East Rome Blvd North 5th Street & East Rome Blvd North Las Vegas NV 89084 Prospective 176 North Las Vegas West Nevada H.A.N.D. North Rancho Drive & West 37 Rancho / Decatur North Las Vegas NV 89032 Prospective 738 North Las Vegas West Sand Dollar Partners Smoke Ranch Road SWC North 5th Street & East 38 Shadow Hills North Las Vegas NV 89031 Prospective 64 North Las Vegas West Becker Enterprises Regena Avenue East Carey Avenue & North 39 Carey Avenue & Pecos Road North Las Vegas NV 89030 Prospective 118 North Las Vegas East Oxford Investment Partners Pecos Road South Major Avenue & East 40 27 Lofts Henderson NV 89015 Prospective 85 Henderson East LaPour Partners Van Wagenen Street 41 Aspen Peak Phase II 833 Aspen Peak Loop Henderson NV 89011 Prospective 50 Henderson East York, David South Mountain Vista Street & South Mountain Vista Street & 42 Henderson NV 89014 Prospective 392 Henderson East Wolff Company, The Olympic Avenue Olympic Avenue Pacific Beach 43 Summit on Boulder, The Frontage Road & Pioneer Street Henderson NV 89015 Prospective 144 Henderson East Investment Trust Conestoga Way & Nevada Lennar Multifamily 44 Waverly Henderson NV 89002 Prospective 254 Henderson East State Drive Communities 45 Aspen Heights Henderson Amigo Street & East Dale Henderson NV 89044 Prospective 312 Henderson West Nevada West Development Carnegie Street & East 46 Life Time Living Mixed Use Campus Henderson NV 89052 Prospective 147 Henderson West Life Time Serene Avenue 47 Wigwam Lofts 1200 Wigwam Pkwy Henderson NV 89074 Prospective 350 Henderson
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