After finishing once-abandoned projects in Las Vegas and amassing a big portfolio of office space, real estate investor Ofir Hagay has taken on a new venture: developing warehouses.
And for his first project, he picked an area of Southern Nevada that is gaining momentum after years
Moonwater, Grammy Winners Recapitalize in Las Vegas: Moonwater Capital and its equity partners including Grammy Award-winning musicians have recapitalized a seven-building, 611,248-square-foot portfolio of Las Vegas office properties. Citi Real Estate Funding and Barclays Capital Real Estate provided $116 million in financing for the transaction.
Real estate merchant banking firm Dekel Capital arranged $116 million in long-term permanent financing to recapitalize a six-building, 611,248-square-foot office portfolio in Las Vegas, NV on behalf of Moonwater and its equity partners.
The portfolio is concentrated in the southwestern Las Vegas market and is 97%
Moonwater Capital and its equity partners have secured the CMBS financing for a 97% leased, 611,248-SF portfolio.
LAS VEGAS, NV – Private real estate investment firm, Moonwater Capital and its equity partners have secured $116 million in long-term permanent financing to recapitalize a six-building office portfolio
A six-building, 611.2k sf office portfolio in Las Vegas was recapitalized in a $116 mil, long-term financing transaction. The financing was arranged by Dekel Capital on behalf of Moonwater Capital and its equity partners.The portfolio is concentrated in the southwestern Las Vegas market and is
Real estate merchant banking firm Dekel Capital arranged $116 million in long-term permanent financing to recapitalize a six-building, 611,248-square-foot office portfolio in Las Vegas, NV on behalf of Moonwater and its equity partners.The portfolio is concentrated in the southwestern Las Vegas market and is 97%
Dekel Capital provided Moonwater Capital and Apex Financial Advisors with $33.3 million in permanent debt as part of the acquisition and recapitalization of Montecito Tower, a 177,301-square-foot Class-A office building in Las Vegas, NV.
Moonwater acquired the building in 2018 in a joint venture with an
When the coronavirus pandemic turned life upside down in Las Vegas, the office market was not spared the turmoil.Buildings emptied as white-collar staffers were sent home over fears of the outbreak, sparking discussions over how much office space companies really need as people worked from
NV Energy has a new landlord.Moonwater Capital founder Ofir Hagay bought the power company’s Las Vegas headquarters at 6226 W. Sahara Ave., near Jones Boulevard, for $33.35 million.The sale closed July 10, property records show.The purchase is among the most notable commercial property deals in
Moonwater Capital has sold the 66,780-square-foot Hillshire Business Center in Las Vegas to a private investor for $18.3 million. Washington Federal Bank provided the buyer with acquisition financing, according to public records. JLL represented the seller.
The two-story building, completed in 1993, is fully occupied by