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.