Developer Steve Witkoff, who bought the partially built Fontainebleau in 2017, expects to close on a roughly $2 billion construction loan for the Drew Las Vegas.
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Room rates are climbing an average of about 89 percent across 40 properties on or near the Strip during the draft, according to figures Wednesday on Hotels.com.
Drugstores on tourist-choked Las Vegas Boulevard are big business, commanding outsize rents, strong retail sales and, as the recent purchase shows, high property values.
Blackstone’s latest deal means it will be the landlord for MGM Resorts’ top three money-makers on the Strip.
Las Vegas’ foreclosure rate was above the national average in 2019 but fell to its lowest point in years, a new report shows.
Las Vegas’ apartment rent growth slowed last year while vacancies ticked higher, a new report shows.
Chicago real estate firm Waterton announced Thursday it acquired the 456-unit Vegas Towers on Flamingo Road near Maryland Parkway.
The Blackstone Group has partnered on a deal with MGM Resorts International’s real estate trust to acquire two more Las Vegas Strip properties.
It’s anyone’s guess what will happen with Las Vegas’ housing market in 2020.
Here’s a look at the two extreme ends of Southern Nevada’s housing market in 2019, as reported by the Greater Las Vegas Association of Realtors.