An industry group cited high mortgage rates, elevated construction costs and “flagging consumer demand due to deteriorating affordability conditions.”
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Southern Nevada’s rental market has heated up over the past year as people are looking for more space amid widespread work-from-home arrangements.
The last day to play golf at Royal Links, an 18-hole course along Vegas Valley Drive about a mile east of Nellis Boulevard, was Dec. 17.
Las Vegas Sands spokesman Ron Reese said that the office complex will be the company’s future headquarters, adding the company is probably targeting a mid-2022 move-in.
Clark County commissioners approved a deal Tuesday to buy property along the south Strip near McCarran International Airport for $55 million.
Developer Brett Torino expects to open a retail complex at CityCenter next year.
Two upscale apartment complexes in Symphony Park are bringing a wave of new units to downtown Las Vegas.
Tower 16 Capital Partners announced Monday that it sold three apartment complex properties for $182 million combined to a Utah real estate firm.
An estimated 9.9 percent of the valley’s workforce was unemployed in January. Only one other metro area with a population of at least 1 million has a higher unemployment rate.
Ashley Furniture Industries acquired nearly 20.4 acres off Sunset Road just east of the 215 Beltway for roughly $27.4 million, property records show.
Lehman Brothers issued at least $1.1 billion in loans between fall 2004 and early 2008 for a dozen deals in the Las Vegas area. Some loans were bigger than others, but the properties all ran into problems.
Black mortgage applicants get rejected more often than others in Las Vegas, a report shows.
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Colin Czech is accused of killing a man outside a downtown convenience store and eating parts of the victim’s face, police said.
The Las Vegas Strip casino introduced a new tier in its loyalty program, and visitors will need to reach at least that tier to receive unlimited free parking.
Harry Reid International Airport said its parking was in “high demand” this weekend, and expected Terminal 1 long term and economy parking to be at capacity.
Natalie Burt
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