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      APW Avenue Group Acquires 401-Unit Apartment Community in Reno

      APW Avenue Group has completed the acquisition of The Village at Iron Blossom, a multifamily community consisting of 401 units located in South Reno, Nevada. The transaction, valued at $96 million, positions APW Avenue Group as the principal partner in this significant real estate investment.

      This acquisition comes amid a period of rapid industrial growth in the Reno area, driven by major companies such as Google, Tesla, Panasonic, Amazon, and Walmart. The influx of these corporations has contributed to an expanding demand for housing in the region, making it an attractive market for real estate development.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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