/

|

SB Real Estate Partners (“SBREP”) has acquired Brownstone Apartments, a 143-unit luxury apartment community located in the Centennial Hills submarket of Las Vegas, in an off-market transaction for $42 million. The property has been rebranded as Portola Centennial Hills, bringing SBREP’s footprint in the Las Vegas market to three properties totaling 640 units. Delivered in 2022, the property located at 7531 Tule Springs Road is approximately 15 miles northwest of The Strip.