redIQ Deal Highlight: Western Wealth Capital Acquires Sedona Ridge Apartment Homes
Western Wealth Capital Acquires Sedona Ridge Apartment Homes
redIQ would like to congratulate the team at Western Wealth Capital for finalizing the acquisition of Sedona Ridge Apartment Homes in Las Vegas, Nevada for $31 million. The apartment communities was purchased from Haven Realty Capital.
The economy of Las Vegas has recovered quickly from the decline in tourism due to the pandemic. Other recent transactions in the area include the purchase of a Las Vegas portfolio by Bascom Group.
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For over ten years, redIQ has provided a comprehensive and dependable underwriting service for multifamily acquisitions teams, brokers, and lenders focused on mid and large-size assets. redIQ's solutions lead the industry and support the full underwriting process, from standardizing financial documents to producing a final valuation. With our system, analysis takes less time and decision makers can move forward with greater confidence. redIQ users can close more deals, produce better returns, and spend less time worrying about downside.
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