American Nevada Realty partners with Kingsbarn Realty Capital
American Nevada Realty, the real estate and property management arm of American Nevada Company, has retained management contracts on two three-property office portfolios, located at 2275, 2285 and 2370 Corporate Circle and 2475, 2485, and 2495 Village View Drive in Henderson, Nevada, that have recently been acquired by Kingsbarn Realty Capital. Combined, the portfolios total nearly 300,000 square feet.
American Nevada Realty managed the properties prior to the acquisition, and Kingsbarn determined that maintaining the arrangement would be the best option going forward. American Nevada Realty has developed over 3 million square feet of office, retail, light industrial, hotel and apartment properties, including the master-planned Green Valley Corporate Center and Corporate Center South office parks, and currently owns or manages approximately 1.5 million square feet of commercial properties.
“We are proud to have been able to maintain these contracts, and are excited for our new business relationship with Kingsbarn,” said Natalie Allred, vice president of property management for American Nevada Company.
“These properties are in impressive condition, and much of the credit for that goes to American Nevada Realty, the commercial property manager,” said Jeff Port, CEO of Kingsbarn. “That’s one of the primary reasons we decided to maintain their services.”
Kingsbarn Realty Capital is an investment manager that provides institutional and accredited investors access to real estate securities as well as an array of alternative investments. Kingsbarn offers investments in private equity, exchange traded funds, traditional investment funds, private placements and Delaware Statutory Trusts. Kingsbarn has over $1.5 billion of assets under management throughout the United States.
Established in 1972 by Hank and Barbara Greenspun, American Nevada Company is a nationally recognized real estate developer of quality commercial space and master-planned communities in Southern Nevada and throughout the Southwest. Using its industry knowledge, efficiency and flexibility, American Nevada Company strives to meet the consistently changing needs of the markets in which it works. In addition to development, the company also provides asset and property management services and construction management services.
Additional information about American Nevada Company can be found online at www.americannevada.com.