Southern California real estate firms Lyon Living and LandSpire Group recently started construction on a 294-unit rental complex at The Gramercy in the southwest valley.
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Builders logged 848 net sales in October, the lowest monthly tally since November 2020, though buyer traffic “has remained steady.”
More than 30 years after executives outlined their vision for Summerlin, the massive community commands some of the highest home and land prices in Southern Nevada and remains one of the top-selling spots in the nation for homebuilders.
The 265-unit project is slated to feature a 10,000-square-foot clubhouse and apartments ranging from 617 to 1,320 square feet.
Former Raiders President Marc Badain has sold his Southern Highlands home four months after he resigned from the organization.
Foresight Companies held a ceremonial groundbreaking Monday for Lake Mead West Apartments, a 156-unit complex, scheduled to be finished in spring 2023.
Panattoni Development Co. filed a concept plan review for a venture called Project Breezy.
The median sales price of previously owned single-family houses was a record $410,000 last month, up 20.5 percent from October of last year.
SB Real Estate Partners announced that it acquired The Russell, a 241-unit property in the southwest valley.
American Nevada Co. and Warmington Properties were scheduled to hold a ceremonial groundbreaking Tuesday morning for Sync, a 203-unit rental project off Aliante Parkway and the 215 Beltway in North Las Vegas.