Real Estate

15 apartment complexes sold for $600 million might set precedent in Las Vegas

A view of Parkway Townhomes, formerly Camden Summit Apartments, 2675 Windmill Parkway, on Tuesday, April 26, 2016, in Henderson. On Tuesday, Camden Property Trust announced the sale of 15 properties, a retail center and undeveloped land in the Las Vegas Valley.

A Houston real estate giant has sold more than a dozen Las Vegas Valley apartment complexes, in what’s said to be the largest, local apartment deal in memory. Camden Property Trust announced Tuesday that it sold 15 apartment complexes, a retail center and about 19.6 acres of undeveloped land for $630 million combined. The company did not name the buyers. But people with knowledge of the deal said ...

Land investors gobble up 800 acres in BLM auction

After passing on hundreds of acres at government auctions last year, Las Vegas land investors scooped up almost everything offered Tuesday and paid above the asking price ...

Freeway views are hot: Homeowners cozy up to urban eyesores

In this Thursday, March 17, 2016, photo, Robert Leviton stands on the balcony of his townhouse in Pasadena, Calif. The traffic on the stretch of highway, background, that runs alongside his complex creates a persistent din and is visible from any of his townhome’s north-facing windows. Leviton knew it would be like this when he bought the two-bedroom unit for $666,000 last summer.

Robert Leviton's loudest neighbor is a 12-lane freeway. The busy stretch of highway that runs alongside his townhouse complex ...

BLM puts 800 acres of land up for auction

The federal government is offering more than 800 acres of Las Vegas Valley land to the highest bidders next week. But if last year’s auctions are any indication, buyers might ...

Las Vegas homeowners seeing big profits on sales

This February photo shows a house for sale in the Las Vegas Valley.

Las Vegas homeowners are booking the highest profit margins in years when selling their property, but amid flat prices, those gains have largely leveled off, a new report shows. Owners who sold ...

Shares of MGM real estate subsidiary up 4.8 percent on first day of trading

MGM Growth Properties CEO James Stewart, third from right, rings the New York Stock Exchange opening bell to celebrate his company's IPO, Wednesday, April 20, 2016. He is joined by company CFO Andy Chien, right, and New York Stock Exchange President Tom Farley, second from right, for the first IPO of the year at the exchange.

Shares of MGM Resorts International’s new real estate subsidiary were up 4.8 percent today at the close of their first day of public trading on the New York Stock Exchange. The Las Vegas-based casino operator announced ...

MGM’s new real estate subsidiary prices IPO at high end of expectations

MGM Resorts International said today that the initial public offering of its new real estate subsidiary has been priced at $21 per share, raising gross proceeds of ...

Report: New-home sales up, but prices flat

Model homes are shown under construction at The Estates at Rhodes Ranch, a Century Communities development, Thursday, Dec. 3, 2015. Project manager Dale Juilfs is at left.

Las Vegas homebuilders are selling more houses and drawing up more construction plans compared to last year, but in some ways, sales volume has ...

Nevada has third-highest foreclosure rate, repossessions rise

Despite a drop in overall foreclosure filings, lenders have repossessed a rising volume of homes in Nevada compared with last year, keeping the Silver State among the hardest-hit areas in the country ...

Analysis: Stadium near McCarran shouldn’t be derailed by height issues

Plans for a domed 65,000-seat football stadium near McCarran International Airport likely will not be derailed by conflicts over the facility’s height ...

Is Lake Las Vegas finally bubbling back to life?

A couple looks over the garden at the Hilton at Lake Las Vegas on Sunday, April 10, 2016, in Henderson.

Lake Las Vegas was one of the biggest real estate flops in one of the hardest-hit markets in the country during the recession, crushed by an avalanche of financial problems. Now ...

Mike Tyson knocks out nearly $1.5 million sale of his old home in Henderson

Boxer Mike Tyson, former undisputed heavyweight champion, responds to a question during an interview at his home Friday, Feb. 24, 2012, in Henderson.

After sparring with potential buyers for a little over a month, retired boxer Mike Tyson has sold his home in the suburbs of Las Vegas for $1.475 million. Chalk it up as a loss for Tyson, who bought ...

Q+A: How Henderson is tackling its squatter problem

The city of Henderson, according to its website, is “a place to call home.” Squatters are taking that to heart. Henderson police have received dozens of service calls since last fall about ...

Construction industry has been a wild ride

Kevin E. Burke is president and CEO of Burke Construction.

CEO of Burke Construction Group talks about the industry’s past, present and future in Las Vegas and beyond ...

‘It’s a good time to sell,’ but for buyers, value ‘is still out there if you turn over all the rocks’

Brian Fike is vice president of investment sales at Colliers International and stands about some of the undeveloped property they have for sale/lease along E. Craig Road on Wednesday, April 6, 2016.

The vice president of investment sales at Colliers International forecasts the year for Southern Nevada’s commercial real estate industry, offers advice for buyers and sellers, and talks about how Las Vegas has changed in his 57 years here.