The listing for a house here touts plenty of selling points — breathtaking views, generous lot sizes and upgraded granite countertops. What’s not mentioned? The former owner is one of the most infamous mass murderers in U.S. history.
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Big-money investors have owned rental homes around Las Vegas for years. But despite fast-rising sales prices, they aren’t ready to cash in, thanks to people like Darrius Mathis and Kayte Fernandez.
It marks a rare real estate deal for the sleepy southern edge of the Strip and carries an unusual backstory, as the late owner — without his estranged wife’s knowledge — allegedly transferred the motel’s ownership to a trust he had formed with his mistress, according to court documents.
Driving around Las Vegas, it’s easy to see the housing tracts, apartment buildings and other projects coming out of the ground.
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.
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.
U.S. home values are rising at their fastest pace since the peak of the bubble last decade, and Las Vegas is near the front of the pack, a new report shows.
Three years after trying to sell a chunk of the Strip, a group of investors has put the property back on the market — and they’re asking a lot more this time.