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Transactions - NOVEMBER 18, 2022

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McCourt Partners, TRU Development announce partnership to develop class A multifamily project in Nevada

by Released

McCourt Partners announced a partnership with Las Vegas-based TRU Development Company to develop a 244-unit, class A apartment building in Henderson, Nev. The project is on nearly six acres at the gateway of master-planned community, Inspirada.

“TRU Development is excited about the opportunity to partner with McCourt Partners in acquiring a dynamic site in Inspirada,” said Tim Deters, president and CEO at TRU Development. “The growing submarket in West Henderson provides a perfect setting for a new multifamily residential delivery.”

This is the latest project for McCourt Partners, which announced earlier this year the acquisition of a core piece of the Dallas Design District, a real estate portfolio spanning more than 40 acres and nearly 800,000 square feet of leased showroom, retail and flex office space.

“We're delighted to expand our footprint to an exciting high growth market where we see great potential,” said Jordan Lang, president at McCou

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