Sale of Oasis Crossings Apartments in Las Vegas, Nevada

SCOTTSDALE, February 11, 2014 /PRNewswire/ — The Wolff Company announced the sale of Oasis Crossings Apartments in Las Vegas, Nevada. The 72-unit property was one of 13 assets in the Oasis Portfolio purchased by The Wolff Company in May, 2013 and the second property within the portfolio to be sold by The Wolff Company.

“We purchased this property at a great time in the cycle and the Las Vegas market continues to show positive signs of economic recovery. We are extremely pleased with the performance of this asset and look forward to the results of the remaining properties within the Oasis Portfolio,” said Jesse Wolff, CIO of The Wolff Company.