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Blackstone Acquires More Las Vegas Real Estate

A New York Financial giant recently picked up even more Las Vegas real estate.

Records show this week the Blackstone Group acquired $115 million worth of apartments in the valley.

The Las Vegas Review Journal reportsBlackstone bought Broadstone Talavera and Broadstone Flamingo West. A brokerage firm announced the deal this week, and said the buyer was LivCor, a Chicago-based subsidiary of Blackston that oversees a portfolio of more than 100 multifamily properties.

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After the market crashed, Blackstone bought hundreds of local homes to turn into rentals, the Hughes Center office park and the Cosmopolitan of Las Vegas. This year it also bought the World Market Center Downtown.