Industry News

JENNAIR and TRU Development: Partnership

By Kelly Kwasniewski | July 26, 2018

JENNAIR brand is synonymous with quality and luxury for kitchen appliances. Any real estate agent advertising a single family home will include the word JENNAIR in their listing knowing the brand name will give their listing the necessary edge over the competition.   For more than 50 years, JENNAIR has been touted for their innovation in […]

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TRU Development and IOTAS: Portfolio Partnership

By Kelly Kwasniewski | June 21, 2018

TRU Development is pleased to announce a portfolio partnership with IOTAS, IoT as a Service. TRU is the first Las Vegas multi-family developer to introduce this technology to the local market. IOTAS is a smart home solution designed for the multi-family environment. Our first project to feature this technology will be our Kaktus Life I project […]

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FULLY ENTITLED Apex 582: Boulder Highway and Galleria, Henderson Nevada

By Kelly Kwasniewski | June 19, 2018

On June 14, 2018 City of Henderson planning commissioners unanimously approved our newest project Apex 582 located on the southeast corner of Boulder Highway and Galleria. This mixed-use site is situated on 19+/- acres and is slated for 336+/- multifamily units and 30,000+/- sq. ft. of retail. TRU Development has worked diligently alongside architect Ed […]

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DCBID: Los Angeles 2017 Q4 Market Report

By Kelly Kwasniewski | March 6, 2018

Los Angeles residential development is thriving with a record breaking 2,831 units new to the market located at 11 projects. There is a combined 40,000 more units in the pipeline identified as under construction and proposed. With so many units hitting the market it will skew the percentages, however, the market is showing that these […]

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Ground Breaking Ceremony Kaktus Life I: Las Vegas, Nevada

By Kelly Kwasniewski | February 7, 2018

It’s been one week since our official ground-breaking ceremony and we are still riding the wave of excitement that was generated during our ceremony. The attendee list was a knock out with Commissioner Brager, Mike Shannon, Brad Marlon – Ownership, Whiting Turner, Gina Slater – Pinnacle, Allen Kaercher – Kaercher Insurance, John Sawdon – SH […]

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Kaktus Life III, Las Vegas – Unanimously Approved!

By Kelly Kwasniewski | January 3, 2018

On December 20, 2017, the Board of County Commissioners unanimously approved item 19 – ZC-0827-17-SPANISH TOWERS FUNDING, LLC: ZONE CHANGE to Urban Village – Mixed Use USE PERMITS 1) High Impact Project 2) Increase Density 3) Increase Height DESIGN REVIEW a proposed mixed-use development Kaktus Life III is located at 8030 W. Maule Ave, Las […]

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Kaktus Life III – Drone Footage November 14, 2017

By Kelly Kwasniewski | December 7, 2017
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Kaktus Life III – Drone Footage November 9, 2017

By Kelly Kwasniewski | December 7, 2017
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Kaktus Life I Goes Vertical

By Kelly Kwasniewski | December 4, 2017

On August 21,2017, Whiting Turner began laying the ground work with underground utilities, offsite improvements and grading for a 210 multifamily project with 21,600 square feet of boutique style space designed as tenant amenities.  The property is located at 10650 Dean Martin Drive minutes away from the new Las Vegas Raiders stadium, McCarran International Airport and […]

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TRU Development Closes on a $41.5MM Construction Loan

By Kelly Kwasniewski | November 10, 2017

TRU Development closed on a $41.5MM construction loan with Goldman Sachs on November 8, 2017. The loan will fund our Kaktus Life I project located at 10650 Dean Martin Drive, Las Vegas. The project is designed for 210 multifamily residential apartment units and 21,600 square feet of retail, restaurants or professional space. Kaktus Life I […]

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