American Nevada Co. sold five office buildings in Henderson to San Francisco-based JMA Ventures for $51.75 million, property records show.
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North Carolina hoteliers Colin and Deanna Crossman have acquired the Resort on Mount Charleston, some 40 miles northwest of the Las Vegas Strip, from The Siegel Group.
Panattoni Development Co. broke ground this week on Centennial Commerce Center, at 6405 E. Centennial Parkway. The project is a joint venture between Panattoni and LaSalle Investment Management.
With downtown Las Vegas slated to get its first big new rental complex in years, other developers also are looking to do projects in the once-neglected area.
D.R.’s purchase in Logandale comes amid rising land and house prices in the Las Vegas Valley and, according to one builder, an uptick in home construction in the Moapa Valley.
Las Vegas home prices are rising at one of the fastest clips in the country, with builders fetching record dollar amounts and resale values approaching prior highs.
Las Vegas house prices have climbed fast and could reach their pre-recession peak later this year, a new report says.
Casino owner Derek Stevens has added to his downtown real estate holdings. Stevens acquired the 11-story office building at 302 E. Carson Ave. and its adjacent parking garage for $39.7 million, property records show.