Southern Nevada’s wheeler-dealer market didn’t disappoint this year, as investors bought hotels, high-priced land and other properties.
Search results for:
Vici Properties, which owns The Mirage’s real estate, entered a lease with Hard Rock International that calls for initial annual rent of $90 million.
The locals-focused casino chain has outlined plans to develop more projects and sell some properties.
The recent decline in rates “has been large,” but homebuyer sentiment “remains low with no major positive reaction in purchase demand.”