In addition to its amenity spaces and nearby points of interest, the homes at Lumina offer an unmatched residential experience. Lumina is also proximate to multiple prominent retail centers featuring dining, entertainment and shopping destinations, as well as the University of Nevada, Reno. Lumina residents can also take advantage of the many attractions that the surrounding area has to offer, including some of the world’s most popular outdoor destinations such as Lake Tahoe’s world-class ski resorts, beaches and hiking trails the Black Rock Desert Boca and Stampede Reservoirs outdoor services Red Hawk Golf Course and Resort and several local parks and trailheads. Lumina at Spanish Springs features a suite of luxurious amenities that enhance its exceptional lifestyle, including a resort-style swimming pool with cabanas and a separate hammock garden a modern and fully equipped fitness center featuring TRX, cardio, boxing, kettlebell and weight training equipment outdoor fire and barbecue areas a resident lounge featuring a billiards room, shuffleboard, and ski ball a business center a dog park with play structures and a variety of outdoor gaming options. This acquisition and entrance into Reno reflect our long-standing commitment to affordable and business-friendly markets set up for long-term success, and we are proud to add Sparks, Nevada to our portfolio of key secondary markets.” “The Reno-Sparks region’s reasonable property prices, low tax rates, and modest cost of living position the market extremely well for future growth as it continues to expand upon its established reputation as one of the most advantageous areas for development, especially in comparison to nearby California markets with sky-high costs of living and doing business. “Lumina at Spanish Springs’s refined homes, ideal location, and superior amenities provide a fantastic living experience for residents, and we are thrilled about this acquisition,” said Mike Campbell, Associate Vice President of Investments at Northland. Over the past few months, Lumina at Spanish Springs successfully completed its lease-up, facilitating an average of 35 move-ins during each month of the pandemic – a testament to the quality of its homes and the growing demand in the Reno-Sparks market. The property offers 330 tastefully designed one- to three-bedroom homes with resort-style amenities across beautifully-manicured grounds. SPARKS, NV (February 18, 2021) – Northland Investment Corporation today announced its entrance into the Nevada market with the acquisition of Lumina at Spanish Springs, a sprawling multifamily residential community located in Sparks, NV.

Nationally recognized multifamily owner and operator expands its portfolio through the acquisition of premier Reno-Sparks community

Lumina at spanish springs