Security Properties announced Tuesday that it purchased the 379-unit Lofts at 7100 complex for $80 million.
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The NFL team purchased 17.3 acres of real estate near its under-construction stadium for just over $28 million, property records show.
Frank Nothaft, chief economist at housing tracker CoreLogic, discusses the current health of the housing market in Las Vegas and beyond.
If all went according to plan, visitors — by now — would see an arena with a retractable roof and a five-star hotel developed by ex-NBA player Jackie Robinson on the Las Vegas Strip.
Las Vegas resorts are packed with guests, and the economy is on strong footing. But hotel-casino construction has had a spotty track record since the recession.
The investor behind a proposed “smart city” in Northern Nevada has bought a small Las Vegas bank.
A Chicago real estate firm has bought two Las Vegas Valley apartment complexes for more than $140 million combined, property records indicate.