With the economy in a freefall in 2009, a tract of desert near the Strip suffered an all-too-common fate in Las Vegas: It went into foreclosure after big plans went nowhere. Today, the site is buzzing with activity.
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Not everyone jacks up their prices during the massive consumer-electronics show next month. And if you want those rooms, be ready for a hefty drive in each day.
Portola Del Sol, 1915 Simmons St., will offer several free services to residents, including afterschool homework help and neighborhood watch programs.
A Dallas real estate group is betting big on Las Vegas’ apartment market, scooping up four properties for more than $345 million combined.
Several months after an office complex east of the Strip went up in flames, an apartment developer has closed its purchase of the site with plans for an upscale rental project.
Land parcels for two Las Vegas projects that fell victim to the Great Recession now are expected to be developed.
The median sales price of previously owned single-family homes – the bulk of Southern Nevada’s market – was $307,000 in November.
Home prices are expected to inch higher across the country next year, but not in Las Vegas.
Michael Crandall, senior vice president with The Siegel Group, noted the project would be the second newly built Siegel Suites complex in Las Vegas, with “many more” in the pipeline locally in the next few years.
The long-empty store has been resurrected, but other big-boxes in Las Vegas still are collecting dust.
A developer plans to build a 40-acre industrial project next to the Raiders practice facility in Henderson.
Los Angeles-based Compass Acquisition Partners announced this month that it acquired the 488-unit Sandpiper rental complex for $66 million.
Las Vegas’ home price growth hit the brakes again in September, a new report shows, as the valley fell further in a national ranking.
So-called distressed sales — purchases at foreclosure auctions and sales of foreclosed or underwater homes — account for just 3.3 percent of resales in the valley this year.
Months after buying a chunk of land just east of the Strip, a Southern California investor has picked up a high-end apartment complex nearby.
Plans include a 2.3 million-square-foot, $327 million manufacturing facility as well as buildings that would be leased or sold to others.
A Mississippi real estate company has acquired an industrial complex near Allegiant Stadium, figuring the proximity to the Raiders’ future home will help with marketing efforts, said a broker on the deal.
The deal by the New York financial giant appears to be the most expensive sale ever of a Las Vegas resort.
Almost two years after it announced the purchase, Wynn Resorts does not have a plan for the former Alon site.
Los Angeles-based Cannon Commercial purchased more than 214,000 square feet of space at Westland Fair, at the southeast corner of Charleston and Decatur boulevards.
Developer Jonathan Fore is building a six-story, 287-unit complex west of the Strip and expects to deliver the first set of apartments in December 2020.
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