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4249 N. Commerce Street | North Las Vegas, NV 89032
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2025 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.
CONTACT Info
Charles Steele
Senior Managing Director
602.319.5007
charles.steele@berkadia.com
AZ License #SA645142000
JARED GLOVER
Senior Director 602.526.4800 jared.glover@berkadia.com NV License #B.0144864
John Cunningham
Senior Managing Director
602.625.7476
john.cunningham@berkadia.com
AZ License #BR034840000
PHOTO GALLERY
Berkadia is pleased to present the exclusive opportunity to acquire Green Leaf Lotus, a 295-unit institutional quality multifamily community situated steps away from the world-famous Las Vegas Strip. Completed in 2018, Green Leaf Lotus sets a new standard for luxury living with opulent, high-end finishes and an exceptional array of upscale amenities, including two resort style pools, posh resident lounge, state of the art fitness center, roof top lounge, and trendy, ground floor restaurants.
Green Leaf Lotus boasts a prime location just west of the Las Vegas Strip on Spring Mountain Road, providing residents with direct access to the vibrant Asian District (Chinatown). Revitalization and ongoing development efforts in nearby areas such as Downtown Las Vegas, the Arts District, and Chinatown have fueled local demand by creating a sense of place and fostering a dynamic mix of uses that support a robust and diverse economy just off the strip. With the submarket featuring the city’s strongest employment base and high barriers to entry limiting Class A inventory—85% of which was built before 1989 - Green Leaf Lotus is uniquely positioned to cater to lifestyle renters seeking luxury living. The submarket’s Class A demand is highlighted by the property’s exceptional occupancy trends, averaging 95.7% through 2024.
Las Vegas leads major markets in job growth and boasts one of the leanest incoming supply pipelines among major MSAs. Historically, the Las Vegas Metro has outperformed the U.S. in population and employment growth, a trend expected to continue as surging visitor volumes and record-high gaming revenues fuel the local economy. Population and employment are projected to grow by 10.6% and 8.3%, respectively, through 2029. Future job growth is further supported by several transformative $1B+ developments, including the Mirage’s transformation into a new 700-foot guitar shaped Hard Rock Hotel and Casino, the Las Vegas A’s stadium, a new mixed-use project featuring an NBA arena and the tallest hotel tower in Las Vegas, and the city’s first children’s hospital. Green Leaf Lotus is strategically positioned to capitalize on this robust growth, offering investors a rare opportunity to acquire a highly stable, institutional-quality asset in one of the nation’s most dynamic and rapidly evolving markets.
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295 Units | Built 2018
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8548 Rozita Lee Avenue Suite 310 Las Vegas, NV 89113 Phone: 702.866.6333 Fax: 702.866.6066
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