The deal includes single-family homes all over the Las Vegas Valley and is part of a much larger transaction for the corporate landlord.
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The Las Vegas Valley added approximately 4,000 residents to its population in October, according to a new report from Redfin.
The eight-bedroom, nine-bathroom house features a Roman-style interior, an indoor fountain, custom chandeliers, a home theater, a security room and marble flooring.
Some 15 years ago, a builder’s plan to construct high-rises in southwest Las Vegas failed, leaving a giant hole. Now another developer is moving forward with a plan for a big apartment complex there.
The Old World Europe-styled estate of Yohan Lowie, a developer of upscale Las Vegas properties including One Queensridge Place and Tivoli Village, is for sale.
The newly built Elysian at Tivoli, on Alta Drive just east of Rampart Boulevard, is part of a yearslong apartment construction boom in the Las Vegas Valley.
The surges in rent are part of a nationwide, three-year-old U.S. Department of Housing and Urban Development policy change introduced to help stretch the federal agency’s budget.