Multifamily Development (Las Vegas, NV)*
Key Facts Project Overview
• 322 unit Class A multifamily development in Downtown
Est. Equity Commitment: $35M Las Vegas, NV
Total Project Cost: $88M • Fully entitled, shovel ready at closing, with GMP and all
Residential Units: 322 required permits obtained, and construction financing in
place
• Market continues to demonstrate strong fundamentals -
3rd highest population growth according to U.S. Census
nationally in 2017 (2.2%), driving multifamily demand
• Immediate access to the area's largest employment hubs
including Vegas Strip, downtown office corridor, and the
Medical District
• Walkable to downtown amenities but also close proximity
to the I-15 and I-515 interchange with transportation
access throughout the MSA
• First phase of a larger mixed-use master plan promoted by
the city. Across the street, Blackstone is redeveloping the
World Market Center site
• Experienced sponsor is an existing GTIS partner
'There can be no guarantee that the project will be consummated by GTIS Qualified Opportunity Fund LLC or at all 20
CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0076178
CONFIDENTIAL SDNY_GM_00222362
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