Retail is rising, the office sector has improved and the industrial market is on track for its best year in nearly a decade.
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Commercial Real Estate
Settlement talks have started to bear fruit in the high-stakes litigation over the construction of CityCenter, including an insurance company offer to pay $55 million to cover defects at the unfinished Harmon hotel.
Citigroup Inc. is eliminating the last 220 jobs at its sprawling campus at the Lakes in Las Vegas, a spokeswoman for the financial services firm confirmed Tuesday. About 60 employees will work from home, Janis Tarter, a Citi spokeswoman, said.
Looks like California’s loss is Nevada’s gain.
Changes are afoot at the Hughes Center months after it landed new owners.
Pahrump is looking to expand its tourism outreach efforts.
It won’t look anything like the boom era, but 2014 should still be a strong year for local commercial real estate including the Shops at Summerlin and Resorts World Las Vegas.
Equity Office Properties, the Blackstone subsidiary that bought the Hughes Center for $347 million in September, has rechristened the 1.4 million-square-foot park The HC | Hughes Center.
Las Vegas has a commercial real estate market like no other.
If you like good news, 2013 had it.
It’s been a year of big real estate deals in Las Vegas, as the city’s economic recovery gained steam in 2013.
If you don’t like the postage stamp-sized lots that were popular in Las Vegas during the housing boom, take heart.
Two Las Vegas men have been convicted in Houston in a multimillion-dollar telemarketing scheme across the United States and Canada that left nearly 1,000 victims in its wake.
You want stress? Try building a training center for carpenters.
Valley Health System wants to build the acute-care hospital that will be the primary tenant for the massive Union Village project in Henderson.
Health-insurance reform’s tentacles are reaching into Southern Nevada’s commercial real estate market.
Owners of the former Western Hotel on Fremont Street are looking to preserve the right to offer gambling on the site, but they’re not shopping for roulette wheels and gaudy carpeting just yet.
Prominent Las Vegas real estate broker David Atwell, who brokered some of the biggest land deals on the Strip, has died from cancer. He was 63.
You know a boom era was over the top when even developers say things got a little too good.
The Stirling Club at Turnberry Place has new owners. A group of Silicon Valley entrepreneurs announced Monday that they bought the shuttered club on Paradise Road for more than $10 million earlier this fall.
As Southern Nevada’s commercial sector continues its long slog back to health, some winners and losers are emerging.
They designed, built or marketed more than 23,000 hotel rooms, 40,000 homes, 15 master-planned housing communities and even a few prisons, schools, banks and grocery stores.
A divided Nevada Supreme Court sided with bankers on Wednesday when deciding how much borrowers could owe if they lose their houses or commercial developments through foreclosure.