Abode Properties Services Celebrates the Grand Opening of Abode Red Rock Apartments in Las Vegas, Nevada
February 19, 2019
DALLAS–(BUSINESS WIRE)–Abode Properties Services recently celebrated the grand opening of Abode
at Red Rock apartments in Las Vegas, Nevada.
Over 450 people attended the three hour event complete with a red carpet
entry, step and repeat photo backdrop, full service catering, a DJ and
photographer. Attendees began arriving 45 minutes before for the event
to claim one of the 50 exclusive swag bags. All swag bags were claimed
within the first 5 minutes of the event. Six area restaurants also
brought tables and set up food to help promote their businesses. The
grand opening event ended with a giveaway of 12 months free rent.
A representative from the office of U.S. Senator Jacky Rosen attended
the event and presented a certificate congratulating the ribbon cutting.
The guest speaker was Councilman Stavros S. Anthony, along with Art
Goldberg from the Las Vegas Chamber of Commerce.
“The grand opening was a huge success,” commented President and CEO
Daniel J. Moos. “Abode Red Rock is a beautiful new development located
within Las Vegas’s hottest residential submarket called the Southwest.”
Abode Red Rock apartments is a 308 unit, Class A, mid-rise residential
superstructure composed of 1 and 2 bedroom apartment units available in
two design finishes. Units feature gourmet kitchens with high quality
stainless steel appliances, islands, tile backsplash, quartz counters,
and modern cabinetry with the self-closing hinges. Also included in each
unit is designer lighting, stand-alone showers, oversized garden tubs,
wood plank flooring, high ceilings, stackable GE washer and dryer, large
picture windows and deep walk-in closets.
The building’s stylish design provides multi-color roof tiles, a façade
of warm Mediterranean colors, real and simulated stone, and exterior gas
lanterns. Property amenities include an internal parking structure,
private courtyards, pedestrian zones with cobblestone sidewalks, a
rooftop lounge with fire pits, a 24-hour state-of-the-art fitness
facility, resort-inspired pool surrounded by lush landscaping, separate
wading pool with beach front access and common areas equipped with
Wi-Fi. In addition, the property boasts outdoor terraces with BBQ
grills, a fenced pet park, and modern clubhouse with full a service
kitchen and media lounge.
Located in the highly desirable Spring Valley area, Abode Red Rock is
within walking distance of Tropicana Beltway Center, a popular shopping
and retail area with grocery stores, shopping and restaurants. The
community is surrounded by amazing views, from the mountains of Red Rock
Canyon National Park to the nighttime city lights of the Las Vegas Strip.
About Abode Properties Services
Abode
Properties Services/Victory Abode Apartments
is a joint venture subsidiary of Transcontinental
Realty Investors (TCI) and Southern Properties Capital (SPC) both
Dallas-based real estate investment companies and Australian financial
institution Macquarie
Group Limited (ASX: MQG).
Victory Abode Apartments d/b/a Abode Properties Services’ investment and
strategic focus is to acquire, develop, and operate a portfolio of
desirable multifamily residential properties, while capitalizing on our
ability to obtain long term and static debt structures. The portfolio
stands to benefit from historically established, proven, and successful
operational practices, seasoned on-site management, and an experienced
leadership team with forward thinking capabilities in order to realize
maximum cash flows and consistent returns, while maintaining unequaled
resident and customer service. We are disciplined and prudent allocators
of capital and we will continue growing our geographically diverse
portfolio from the Southwest to the Southeast. These markets are
geographically located in areas of the country that correspond with both
sustainable and viable economic growth activity.
About Transcontinental Realty Investors
Transcontinental
Realty Investors maintains a strong emphasis on creating greater
shareholder value through acquisition, financing, operation,
development, and sale of real estate across every geographic region in
the United States. A New York Stock Exchange company, Transcontinental
is traded under the symbol “TCI”. Transcontinental produces revenue
through the ownership and professional management of income producing
apartments and office buildings that are “undervalued” or
“underperforming” at the time of acquisition. Value is added under
Transcontinental ownership, and the properties are repositioned into
higher classifications through physical improvements and improved
management. Transcontinental has dramatically expanded its development
capabilities associated with luxury apartment homes through its wholly
owned subsidiary Abode Properties, principally on land it owns or
acquires.
About Southern Properties Capital
Southern Properties Capital (SPC) operates in Southeast and Southwest
USA. The Company’s core assets are tied to owning and operating Class A
multi-family apartments and two very prominent and viable Multi Use
development properties in Greater Dallas. The Company’s business
strategy is to continue to expand its Class A multifamily portfolio
through new development and financially attractive acquisitions. To this
end, SPC is joint owner of Abode Properties with its parent Company TCI
and Macquarie.
The Abode Red Rock Apartments – Abode Properties’ recently completed
development in Las Vegas, Nevada celebrates its Grand Opening.
Contacts
Chris Childress
On behalf of Abode Properties Services
469.522.4275
/ press@pillarincome.com