The Watermark
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CVG and Strada Development lead Watermark's planning in downtown Henderson—an Opportunity Zone project with 151 units and 95% preleased commercial space.
units
151
Location
Henderson, NV
Category
Development
Dev began
April 2021
Dev Complete
November 2023
Status
Active
Type
Market Rate
MOIC
%$ Return at refi
% IRR
In partnership with Strada Development, CVG principals play a crucial role in overseeing the planning, entitlement, and development stages of the Watermark. This Opportunity-Zone mixed-use development, situated in downtown Henderson, Nevada, comprises 151 units and 28,000 square feet of commercial space.
Impressively, 95 percent of the commercial space is preleased before the anticipated opening in November 2023. The Watermark stands as a testament to CVG's comprehensive involvement in creating vibrant and successful developments.
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