With Carson Kitchen, Donut Bar and other eateries nearby, developer J Dapper has bought a downtown office building and plans to bring more restaurants to the area.
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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.
The apartments can be small and the rents aren’t cheap, but dozens of tenants have moved to the new Fremont9 complex downtown, a member of the development team said Tuesday.
An interior decorator and real estate investor bought Ted Binion’s former home in March 2017 for $820,000.
Big-money investors have owned rental homes around Las Vegas for years. But despite fast-rising sales prices, they aren’t ready to cash in, thanks to people like Darrius Mathis and Kayte Fernandez.
It marks a rare real estate deal for the sleepy southern edge of the Strip and carries an unusual backstory, as the late owner — without his estranged wife’s knowledge — allegedly transferred the motel’s ownership to a trust he had formed with his mistress, according to court documents.
With its damaged mailbox, peeling stucco, overgrown yards and obscene graffiti on front and side windows, this North Las Vegas house could easily scarewould-be buyers.
