Las Vegas
Henderson Arena Gets $650M Financing Deal
By Alex Girda, Associate Editor
A $650 million sports arena in Henderson has taken a major step forward with the memorandum of understanding between developer International Development Management L.L.C. and CSST Smart Cities International. The support of the latter entity’s Chinese […]
Container Store, Arts District Venue Set Spring Debuts
By Alex Girda, Associate Editor
A new retail player is placing bets on the Las Vegas Strip. Town Square Las Vegas will be among six new locations in the U.S. where The Container Store plans to debut this year, the retailer […]
As Retail Struggles Continue, a Henderson Duo Thrives
By Alex Girda, Associate Editor
The Las Vegas retail market remains a troubled corner of the economic landscape. Vacancy hit 10.6 percent during the fourth quarter of 2011, more than three times the 3.2 percent rate recorded at the market’s peak in […]
Siegel Group Plans 2013 Reopening of Former Atrium Suites
By Alex Girda, Associate Editor
The Siegel Group is eyeing a summer 2013 reopening for the former Atrium Suites Hotel in Las Vegas, a distressed 202-key asset on Paradise Road, the Las Vegas Sun reported. A group of investors led by […]
Bellagio Wraps $70 Million Renovation; Hooters Heads for Auction Block
By Alex Girda, Associate Editor
.Following the lead of other Las Vegas Strip titans, the Bellagio recently wrapped up a $70 million renovation of its main tower. The renovation comes after a number of makeovers announced or completed by landmark Strip properties […]
Job Growth Fuels Multi-Family Market Revival
By Alex Girda, Associate Editor
Las Vegas’ multi-family market appears to be heading for recovery, according to a recent report from Marcus & Millichap Real Estate Investment Services Inc. In-development retail projects are set to create large amounts of jobs in […]
Excel Trust, Primestor Buys Point to Retail Recovery
By Alex Girda, Associate Editor
If December is “the Black Friday of real estate,” as RealEstate.com’s stated recently, the month has started strong in the Las Vegas market. A pair of retail centers changed hands as their buyers made their debuts […]
Can Valley Condo Market Go any Lower? Office Market Shows Signs of Life According to Area Professionals
By Alex Girda, Associate Editor
Investors are acknowledging the opportunities they have received with recent median price slides a Residential Resources of Las Vegas report indicates. Condominium and townhome sales have seen increased interest during the past few months as median […]
Foreclosure Still a Concern and it May Continue to Escalate
By Alex Girda, Associate Editor
The Las Vegas housing market has been one of the hardest hit in the country. Now that prices seem to be nearing the bottom, some had hoped that the foreclosure epidemic would wind down, but that […]
Home Sales Still Up From Last Year, Prices Still Sliding
By Alex Girda, Associate Editor
The Las Vegas housing market continues its struggle in anonymity as significant drops in prices are followed by only moderate increases or stagnation. The Greater Las Vegas Association of Realtors has posted some lukewarm numbers, VegasINC […]