Developer drops $105 million on Vegas housing - why AMI targeting matters for your portfolio
Key Points
- The NRP Group is launching a 105-unit affordable housing pro...
The NRP Group just announced they're breaking ground this September on a 105-unit affordable housing project in North Las Vegas, and before you yawn about another housing development, consider this: they're specifically targeting residents earning 50-60% of Area Median Income in one of America's fastest-growing metros where housing prices have been doing their best impression of a SpaceX launch.
When Supply Meets Demand (Spoiler: It Doesn't)
Las Vegas population growth has been outpacing housing supply like a tourist chasing a jackpot - lots of enthusiasm, not much catching up. Mike Mori...
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