Locally and nationally, homebuyers have been largely pumping the brakes for months, following last year’s cheap-money-fueled buying binge.
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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.
The late former U.S. Sen. Harry Reid called banks and is credited with keeping MGM’s massive project on the Strip afloat during the Great Recession.
The Bascom Group recently announced that it purchased 93 units in Suncrest Townhomes, a duplex-style community in North Las Vegas, for $24.75 million.
The luxury home, up against the mountains on the far east side of the valley, is listed for a dollar under $4 million.
Observers have said the north Strip property could initially siphon guests from competitors but also boost tourism overall to Las Vegas.
Homeowners are benefiting from Southern Nevada’s heated housing market, often selling for above the asking price and sometimes fetching substantially more than they paid just a few years ago.
NYU Langone Health, New York University’s medical system, is leasing the eighth and ninth floors of a building in the Hughes Center east of the Strip.
Circa reflects much about the developer behind it — an old-school-style operator with a visible presence and a big personality.
The developer of an upscale Henderson community sold an 8,838-square-foot home for $6.5 million.