BCE Acquires Prosper 89 in Las Vegas, Nevada

Benedict Canyon Equities (“BCE”) has closed escrow on Prosper 89, an 89-unit boutique apartment community built in Las Vegas, Nevada.

Newly constructed in 2023, Prosper 89 provides critical workforce housing to the growing Las Vegas market.  The property is situated on 4.28 acres and features three 3-story walk up buildings and three 2-story carriage house buildings with access to ground-floor garages. The property boasts upscale community amenities including a resident clubhouse with a coffee bar, pool & spa, fitness center, dog park, and rentable detached garages and carports. All unit interiors are equipped with quartz countertops, undermount sinks, central AC, in-unit washer & dryer, and 9-foot ceilings.

Located in the burgeoning southwest submarket of Las Vegas, Prosper 89 is proximate to the state’s major employment centers including the growing Haas Automation factory, Las Vegas Raiders Corporate headquarters, Amazon delivery and fulfillment centers, and the Las Vegas hospitality and casino industries. Residents at the property benefit from easy access to an impressive array of retail, dining, recreational, and entertainment options nearby.

BCE leveraged its deep sourcing relationships, market knowledge, and rigorous diligence to procure Prosper 89 off-market, preempting the seller’s marketing process.  Prosper 89 marks BCE’s 11th acquisition in the Las Vegas market and its 17th acquisition in the state of Nevada.

Master-Planned Community Opens on Ventura Harbor’s North Side

Ventura Mayor Joe Schroeder, along with city and county officials, recently celebrated the completion of Portside Ventura Harbor, a 300-residence, master-planned community that brings much needed residential, retail and vibrancy to Ventura Harbor’s long-vacant North Side. Under development since December 2016, the transformational project delivers a modern waterfront destination, completing the vision for a fully activated harbor for all of Ventura County.

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