The Calida Group Celebrates Ribbon Cutting for Ainsley at The Collective, a Groundbreaking, Wellness-Focused Community in Las Vegas
BISWIRE/Nov. 20, 2024 — The Calida Group, a leading real estate development company, celebrated the ribbon cutting of Ainsley at The Collective, the newest addition to its Elysian Living brand, on Thursday, Nov. 14. The event marked the debut of this first-of-its-kind luxury community focused on wellness, lifestyle, and connectivity in Las Vegas.
Located within The Collective, a vibrant mixed-use urban destination, Ainsley offers residents and guests a truly walkable environment where they can live, work, and play amidst state-of-the-art amenities and thoughtfully designed spaces.
During the event, Josh Nelson, chief investment officer of The Calida Group, expressed gratitude for the collaboration and effort behind the project. “It’s been a lot of work, blood, sweat and tears to bring this concept to life,” Nelson said. “In addition to our internal teams at The Calida Group, thank you to our partners at The Collective, who have worked with us every step of the way. We are proud that Ainsley at The Collective is the first of its kind—a brand focused on wellness and creating community in a place and space where it hasn’t been done before.”
Douglas Eisner, co-founder and co-CEO of The Calida Group, emphasized the broader vision for the project. “With leasing underway at Ainsley at The Collective, we’re thrilled to see our vision coming to life—a vibrant, walkable community centered on wellness,” Eisner said. “In a market known for its transience, we believe Ainsley will be a lasting home for residents seeking healthy lifestyles, mindful intentionality, and meaningful connections.”
Eric Cohen, co-founder and co-CEO of The Calida Group, highlighted the property’s unique qualities. “Ainsley, the newest addition to our family of brands, was designed to be exceptional—from its modern amenities to its premier location,” Cohen said. “We’re proud to offer a truly unique living experience that combines luxury with convenience. And we can think of no better place to launch the brand than The Collective, a meticulously curated selection of restaurants serving up surprises from breakfast to late night.”
After the ribbon-cutting ceremony, guests enjoyed property tours and light bites provided by Middle Child and Cleaver, two standout restaurants located within The Collective. Signature Ainsley cocktails were also served as attendees explored the community’s elevated amenities.
Set in a prime location in the heart of Las Vegas, Ainsley at The Collective places residents’ steps from award-winning destinations, including the Las Vegas Strip and several popular dining options at The Collective, as well as convenience to other popular attractions including the MSG Sphere, the Harry Reid International Airport and more.
Located at 3930 Paradise Road in Las Vegas, the Ainsley at The Collective leasing office is open daily. To learn more about availability and current incentives at Ainsley, visit https://www.elysianliving.com/property/ainsley-at-the-collective
About The Calida Group
The Calida Group is a leading developer, investor, and operator of multifamily real estate properties in the western United States. Founded in 2007 by Douglas Eisner and Eric Cohen, the principals have developed or acquired more than 24,000 multifamily units, and its senior management combines over 100 years of real estate experience. Calida invests roughly $1 billion annually across three primary strategies (Development, Value-Add Acquisitions and Core-Plus Acquisitions) on behalf of a series of discretionary commingled funds serving the family office and ultra-high net worth communities, as well as forming partnerships with many of the nation’s largest financial institutions.
Calida begins with strategic and creative deal sourcing methods to identify investment opportunities that are often completely off market or otherwise less competitively advertised. Then, by leveraging the firm’s lifestyle-oriented design capabilities and operational expertise, Calida tailors’ unique business plans for each asset. Finally, by meticulously implementing these business plans while managing construction risk, conservatively financing each property and employing thoughtful tax planning, Calida is able to create superior investment opportunities with lower risk than would typically be expected in deals of similar return profiles.
For more information, please visit us at TheCalidaGroup.com, or reach out to our investor relations department at InvestorRelations@TheCalidaGroup.com.
