Las Vegas
RECon Special Report: Retail at the Crossroads
During the first full day of RECon, topics on attendees’ radar included retailers’ efforts to adapt to rapid change and common misconceptions about the realities of retail.
Crystal Lagoons Offers Revolutionary Amenity to Developers
Using less water than a park and less chemicals than a pool, Crystal Lagoons is expanding its presence in the U.S. and abroad, with its latest project involving hotel/casino headliner Steve Wynn.
Kennedy Wilson Adds Brokerage Expertise
Kennedy Wilson has announced the hiring of Las Vegas market expert and 30-year industry veteran, Greg St. Martin. The global real estate investment and services firm has added St. Martin on the position of vice president, in order to strengthen the company’s position in the Las Vegas market. St. Martin boasts 14 years of experience in the local market, providing important insight to the intriguing local real estate market.
MARKET SNAPSHOT: Jobs Improvement Benefits Las Vegas’ Residential, Hospitality Sectors
Steadily improving employment is driving both residential and hospitality market improvement after a number of difficult years for Sin City.
IKEA Eyes Spring Valley for First Las Vegas-Area Store
IKEA has announced that it is developing a brand new Las Vegas-area store, part of its current initiative to significantly expand its operations in the western United States. The Swedish retailer has reportedly filed paperwork with Clark County, Nevada for the construction of a new facility that would be completed by 2016, just 13 miles away from downtown Las Vegas.
Executive Spotlight: Josh Champion, Carroll Organization
Since joining the Carroll Organization three years ago, Josh Champion has dived headfirst into the task of growing its multi-family investment portfolio, now valued at more than $1 billion.
Dornin Buys Seven Hills MOBs in Henderson
The Seven Hills Medical Center in Henderson was recently purchased by Dornin Investment Group in an all-cash deal. The buyer acquired the medical office buildings located in the planned Seven Hills community as part of a 1031 exchange arranged on behalf of both the buyer and seller by Jason Lesley of Colliers International.
RECon 2014: Opportunity in Oversized Spaces
Many retail owners are thinking outside the traditional big box and finding opportunity in oversized spaces. David Schonberger (Radiant), Rahul Sehgal (Inland Private Capital Corp.), and Kimli Cross (JLL) give insight on the new types of tenants landing in big box space.
RECon Special Report: Retailers Seek New Horizons Amid Redevelopment, Investment Buzz
As thousands of real estate professionals swarmed the vast exhibition halls of the Las Vegas Convention Center for RECon on Monday, executives paused briefly from the hectic activity to take stock of the show and the retail sector as a whole.
MGM Resorts, AEG Break Ground on New Vegas Arena
MGM Resorts and AEG last week broke ground on a new $375 million, 20,000-seat indoor arena west of the Las Vegas Strip, between the New York-New York and Monte Carlo resorts.