October 26, 2026 - 3:21 pm
One of the biggest apartment developers in Las Vegas has opened a new complex for low-income seniors.
Ovation Development held a ribbon-cutting ceremony Monday for Heirloom at Torrey Pines, a 190-unit property in the southwest valley for 55-and-over residents.
According to a news release from the developer, the complex is almost 90 percent leased just months after it opened, underscoring the need among seniors for affordable housing.
Heirloom at Torrey Pines, 6540 W. Arby Ave., boasts a fitness center, arts and crafts room, business lounge, salon, wellness room, and food pantry, as well as landscaped courtyards, pool and spa, and a fenced dog run.
The nearly $60 million project was financed, in part, by Clark County’s Community Housing Fund and the state of Nevada’s Home Means Nevada initiative , the developer said.
Affordable-housing developers typically obtain government subsidies to help finance their projects, allowing them to rent units at lower prices that otherwise…