Since mid-2004, Rowley Real Estate Advisors (RREA) has closed $304.8 million in 108 investment sales transactions in the Reno/Sparks region. 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. Of the total, RREA closed $67 million of land transactions and $150 million of investment transactions.