Since mid-2004, Rowley Real Estate Advisors (RREA) has closed $307 million in 110 investment sales transactions in the Reno/Sparks region. Of the total, RREA closed $89 million of land transactions and $150 million of investment transactions. Starting in the fall of 2008, RREA began focusing on distressed assets, mainly apartments and since the beginning of the Great Recession completed 75 broker price opinions totaling $523 million, resulting in $72 million worth of listings, mainly apartments, since the spring of 2010.