The rental complex boasts secure lockers for package deliveries, floor-to-ceiling windows, high-end finishes and, rare for Southern Nevada, underground parking.
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Sales have been tumbling in Las Vegas and around the U.S., and if borrowing costs keep falling, it could spark more buying activity.
There’s no way to predict where the market will head in the coming months, but for now, it’s cooling off.
The buyer, British businessman Simon Dolan, made headlines for challenging the U.K. government in court over the country’s pandemic lockdowns.
The next portion of the southwest Las Vegas Valley complex includes two more office buildings, another parking structure, and a conference center called The Assembly.
Developers of a luxury enclave at the former Bonnie Springs Ranch site held a ceremonial groundbreaking Tuesday.
South Beach, in the southwest valley, boasts poolside cabanas, a huge outdoor TV, an outdoor gym, a sports field and other amenities.
After building and then selling two upscale apartment complexes near the Strip, developer Jonathan Fore is set to construct another one.
Fremont9 was developed through a partnership between The Wolff Co. and Tony Hsieh’s side venture DTP Companies.
Southern Nevada house prices in December were up 25.5 percent from a year earlier, compared to 18.8 percent nationally.