Matter Real Estate Group recently obtained a $150 million loan to help pay for UnCommons, a mixed-use project in the southwest valley.
Local Las Vegas
Las Vegas breaking news from Nevada's most reliable source. Read about the latest updates happening in Las Vegas at reviewjournal.com.
Las Vegas came in No. 2 to Phoenix for second straight month in the SP CoreLogic Case-Shiller index, which showed Southern Nevada prices were up 4.7 percent year-over-year in July, compared with 5.8 percent for Phoenix.
The New York financial giant, said to be eyeing deal for Bellagio and MGM Grand, is a major buyer of Las Vegas real estate, including The Cosmopolitan of Las Vegas and the World Market Center.
The median sales price of a newly built single-family house in Southern Nevada was around $389,450 in July, compared with $295,000 for a previously owned one, a gap of almost $94,450, according to data from Las Vegas-based Home Builders Research.
UNLV has long been known as a commuter school, but this year, three big residential complexes have opened on or near the campus.
