Just over 27 percent of pending sales in the Las Vegas area fell through in June, the highest cancellation rate in the nation, according to Redfin.
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NorthPoint Development broke ground last week on an industrial complex that is expected to span more than 2 million square feet.
In Southern Nevada, builders’ sales tally last month was the lowest of the year and marked the third consecutive month of sliding sales.
Developer J Dapper aims to start construction next year on the long-shuttered Huntridge Theater and figures it could cost upwards of $22 million to redevelop the World War II-era venue.
Mark Wahlberg has paid a fortune for a plot of land in a wealthy Las Vegas enclave, records indicate, raising the prospects that the movie star will build a house in America’s casino capital.
A court filing in June said “construction is imminent” at Hawaiian Marketplace, a shuttered property eyed for redevelopment.
Chinatown Plaza, built in the 1990s, became a hub of Asian cuisine and culture in Southern Nevada.
The $5.65 billion deal was also the latest high-priced transaction in Las Vegas that did not produce a dollar of real estate transfer taxes.
Station Casinos has loaded up on more land in Las Vegas, closing a big purchase just a few days after it unveiled plans to demolish three hotels in Southern Nevada.
A new office building and a new apartment project in Summerlin’s commercial core are expected to cost more than $200 million combined.