Newmark Arranges $41 Million Sale and $24.74 Million Financing for Miro at the Parc in Henderson, Nevada
Newmark has arranged the $41 million sale and $24.74 million acquisition financing of Miro at the Parc, a 164-unit multifamily community located at 1651 American Pacific Drive in Henderson, Nevada, the firm announced Sept. 16.
Sares Regis Multifamily Investment Management was the seller. Authentic Capital Group acquired the property. The transaction closed Aug. 6, 2026, at the $41 million price, equating to approximately $250,000 per unit.
Newmark Team and Deal Structure
Newmark Vice Chairman Jonathan Merhaut and Executive Managing Director Curt Allsop represented Sares Regis Multifamily Investment Management in the investment sale. Newmark Vice Chairman Lee Redmond and Managing Director Alec Newman arranged the acquisition financing on behalf of Authentic Capital Group.
The $24.74 million loan represents a loan-to-value ratio of approximately 60 percent against the $41 million purchase price — a conservative leverage profile consistent with stabilized, institutional-grade suburban multifamily transactions.
"We continue to have tremendous conviction in Las Vegas as an investment market, driven by strong in-migration, a diverse employment base and resilient renter demand," said Allsop. "Miro at the Parc stands out for its location within Green Valley, spacious floorplans and long-term upside. These attributes, combined with the property's quality and basis relative to replacement cost, generated significant interest from both investors and lenders."
"The financing environment for quality multifamily assets remains competitive, particularly for well-located properties in high-growth markets," added Redmond. "This transaction reflects lenders' continued confidence in the Las Vegas market and the enduring appeal of strategically located multifamily investments."
Property Profile: Miro at the Parc
Built in 2013, Miro at the Parc is a three-story, garden-style multifamily community situated on 7.16 acres within the Green Valley area of Henderson — one of Las Vegas' most established residential corridors. The property totals approximately 168,983 square feet of rentable area, placing the price at roughly $242 per square foot.
The community offers one- and two-bedroom floor plans. One-bedroom units range from approximately 906 to 990 square feet, while two-bedroom units span approximately 1,246 to 1,270 square feet, with an average unit size of roughly 1,043 square feet — larger than typical suburban multifamily product in the region.
Amenities include a resort-style pool, infinity hot tub, beach area, fire pits, a 5,000-square-foot clubhouse with TV rooms, pool tables, shuffleboard and arcade games, a 24-hour fitness center, and a basketball court. Individual units feature granite countertops, stainless-steel appliances, wood-style flooring, custom cabinetry, garden tubs, in-unit washer/dryer connections, and central HVAC.
Current asking rents at the property range from approximately $1,523 to $1,728 per month for one-bedroom units and $1,758 to $1,903 per month for two-bedroom units.
Henderson and Las Vegas Multifamily Market Context
Henderson has emerged as a preferred destination for both residents and investors within the Las Vegas metropolitan area, benefiting from its quality of life, expanding employment opportunities, and access to the broader metro. The Green Valley submarket, where Miro at the Parc is located, has experienced sustained population growth and limited housing inventory, conditions that continue to support multifamily demand, according to Newmark.
Southern Nevada has continued to attract institutional and private capital as investors seek exposure to markets characterized by favorable migration patterns, economic diversification, and strong multifamily fundamentals, according to Newmark Research. The Miro at the Parc transaction reflects broader investor appetite for 2010s-vintage, amenity-rich suburban assets in high-growth Sunbelt submarkets where the combination of location quality and basis relative to replacement cost drives competitive bidding from both equity and debt sources.
About the Firms
Newmark Group, Inc. (Nasdaq: NMRK) is a commercial real estate advisory and services firm. For the twelve months ended June 30, 2026, Newmark generated revenues of more than $3.6 billion. As of that date, Newmark and its business partners operated from over 195 offices with more than 10,000 professionals across four continents.
Sares Regis Multifamily Investment Management is the multifamily investment management arm of Sares Regis Group. Authentic Capital Group is the acquiring private investor in this transaction.
Sources
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