Stonepeak Partners Buys MorningStar at The Canyons in Las Vegas

Reported Sep 24, 2026 · Source: Las Vegas Review-Journal

Source: Las Vegas Review-JournalRead the full report at Las Vegas Review-Journal ↗

Deal details

Buyer
Stonepeak Partners
Seller
Not disclosed
Price
About $83.1M (property records)
Size
168 units
Asset class
Other
Transaction
Sale
Sub-market
Las Vegas Valley
Metro
Las Vegas (incl. Reno)
Reported date
Sep 24, 2026

Summary

MorningStar at The Canyons is an other sale in Las Vegas Valley, Las Vegas. Other details we have: buyer Stonepeak Partners; price About $83.1M (property records); size 168 units. Las Vegas Review-Journal reports: “MorningStar at The Canyons, a senior housing complex in Las Vegas, was recently purchased by New York investment giant Stonepeak Partners.” Las Vegas Review-Journal reports: “Stonepeak, led by billionaire Michael Dorrell, acquired MorningStar at The Canyons, which offers independent and assisted living as well as memory-care units for people with Alzheimer’s disease or other forms of dementia.”

Quoted from the article; the other facts come from our own deal listing.

Source: Las Vegas Review-Journal

Read the full report at Las Vegas Review-Journal. What the article says:

  • Deal / Buyer
    MorningStar at The Canyons, a senior housing complex in Las Vegas, was recently purchased by New York investment giant Stonepeak Partners.
  • Deal
    Stonepeak, led by billionaire Michael Dorrell, acquired MorningStar at The Canyons, which offers independent and assisted living as well as memory-care units for people with Alzheimer’s disease or other forms of dementia.
  • Price / Size
    Stonepeak Partners acquired a 168-unit senior housing complex on Hualapai Way just north of Alta Drive for about $83.1 million, property records show.

Article date: 2026-09-24T22:01:03Z

Quick answers

Who bought MorningStar at The Canyons?
Stonepeak Partners bought MorningStar at The Canyons in Las Vegas Valley, Las Vegas, according to Las Vegas Review-Journal.
How much did MorningStar at The Canyons sell for?
The reported price is About $83.1M (property records), per Las Vegas Review-Journal.
How big is MorningStar at The Canyons?
168 units, as listed from the source.
When was this sale reported?
Reported Sep 24, 2026 by Las Vegas Review-Journal.

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