Las Vegas Commercial Real Estate

Founders T-M Real Estate & Investments Ltd. reports that over 90% of investors sold their investment in Las Vegas’s Chapel Hill project after two and a half years. The investors accepted a $44 million offer by KW Equity LLC for the 280-unit project.

Founders Investments said most of the company’s investors reinvested the proceeds in two projects: “The Fairways” in Houston, and in “The Edge” in Los Angeles.

This entry was posted on Tuesday, January 31st, 2006 at 12:00 am and is filed under Commercial Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.