Despite Las Vegas’ rapid price gains, several other cities logged even higher growth.
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Shaquille O’Neal is looking to cash in on his luxury Las Vegas home. The 7-foot-1-inch basketball Hall of Famer put his 4,824-square-foot house near Sunset Park on the market this month.
Home sales have tumbled lately as the cost to buy a place grows.
Multibillion-dollar property sales can be structured to allow buyers and sellers to avoid paying the transfer taxes that support schools and other programs in Nevada.
Complex transactions without transfer taxes frequently cite an exemption allowed under state law for entities that transfer property to a subsidiary.
With its multibillion-dollar sale in the works, The Cosmopolitan of Las Vegas gave employees a welcome surprise Wednesday: a $5,000 bonus each.
With the grass torn out and heavy construction equipment on-site, Las Vegas’ former Royal Links golf course is on its way to becoming a sprawling housing tract.
After unveiling plans for a dramatic race on the Strip, the company behind Formula One says it’s also buying property near Las Vegas’ casino corridor for a hefty price.
Amid the typically busy spring buying season, around 3,000 previously owned single-family homes traded hands last month, down 8 percent from March.
Vici CEO Ed Pitoniak says the company has become “the leading real estate owner” on what “we believe is the most economically productive street in the world, the Las Vegas Strip.”
Vici Properties closed its acquisition of MGM Resorts International’s real estate spinoff, giving the buyer several more hotel properties on the Strip.
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Progress continues on the Oakland Athletics’ plan to build a $1.5 billion ballpark in Las Vegas. Senate Bill 1 became law a year ago, but steps remain before shovels hit the ground on the Strip.
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