As issues with housing supply and affordability contribute to the housing crisis in the United States, private equity investors have taken the opportunity to buy a significant share of homes in Las Vegas.
In the valley, 26% of single-family homes are owned by investors, according to a 2025 report by BatchData.
Pretium Partners (Progress Residential), Invitation Homes and other private equity firms are major players in the purchase of starter homes. Investors own about 303,000 properties across the state, which is 6% higher than the national average…