Southern Nevada’s wheeler-dealer market didn’t disappoint this year, as investors bought hotels, high-priced land and other properties.
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Tolles Development Co. is looking to start the first phase of a warehouse and distribution complex off Interstate 15 in Jean in the second quarter of 2023.
Vici Properties, which owns The Mirage’s real estate, entered a lease with Hard Rock International that calls for initial annual rent of $90 million.
Southern Nevada’s market remains in something of a logjam, and industry experts predict a muted year ahead for housing nationwide.
An industry group cited high mortgage rates, elevated construction costs and “flagging consumer demand due to deteriorating affordability conditions.”
MGM Resorts International announced that its nearly $1.1 billion cash sale of The Mirage’s operations to Hard Rock International is complete
The former Alpine Motel Apartments complex is rebuilt, boasting a menu of tech features, and “100 percent safe” according to asset manager Robin Willett.
The locals-focused casino chain has outlined plans to develop more projects and sell some properties.
Real estate firm Capital Square announced Friday that it acquired the football team’s headquarters and practice facility off St. Rose Parkway near Henderson Executive Airport.
Henderson City Council members approved a deal to sell a 3.76-acre plot to Station for $1.75 million.