Las Vegas multifamily property changes hands

East Coast investor relinquishes 248 units

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Hendricks & Partners brokered the sale of Copper Palms, a 248-unit apartment community in Las Vegas, Nev. The value of the transaction was approximately $18.8 million. The property is located at 1150 North Buffalo Drive Claremont Palms LLC & Atlantic Exchange Co. LLC of Bridgewater, Mass. sold the property to Copper Palms Realty LLC of San Diego, Calif. Hendricks & Partners is a national advisory company focused exclusively on the sale of multifamily properties. *** What's your opinion? Send your Letter to the Editor to newsroom@inman.com....