Las Vegas Real Estate News

Face-lifts at two major malls on the Strip to bring new restaurant, retail offerings

Miracle Mile Shops on the Strip is undergoing a 60,000-square-foot renovation. A rendering of the project, on Harmon Avenue just east of Las Vegas Boulevard, is shown above.

In a bid for diners, two shopping malls in Las Vegas’ resort corridor are getting mini face-lifts to make room for more restaurants. The projects, at Fashion Show mall and Miracle Mile Shops, come as developers ...

1 May 2015
By Eli Segall

Should MGM branch out into real estate?

Real estate investment trusts could become a popular trend among local casino companies if MGM Resorts International, which owns MGM Grand (above), forms one. Already, Caesars Entertainment has asked a bankruptcy judge to allow the company to adopt the structure, and Penn National Gaming formed one for many of its properties, including the M Resort.

Investment firm Land and Buildings is pushing MGM Resorts to adopt a proposal the investors say could skyrocket shares as high as ...

27 April 2015
By J.D. Morris

Photos: Lake Las Vegas home has 7 bathrooms, unlimited views

In a far away land known as Lake Las Vegas sits 16 Via Potenza Court, a three-bedroom, seven-bathroom mansion.

In a faraway land known as Lake Las Vegas sits 16 Via Potenza Court, a three bedroom, seven-bathroom mansion. This 5,515-square-foot Tuscan-style home, designed with the central Italian region in mind, is on the market for just under $3.5 million by ...

17 April 2015
By Eva Chidester

Retail rebound: Sahara Pavilion becomes latest major mall to change hands

A view of the Sahara Pavilion shopping center Monday, April 13, 2015, at the northeast corner of Sahara Avenue and Decatur Boulevard.

Sahara Pavilion, at the northeast corner of Sahara Avenue and Decatur Boulevard, was once a hot spot for Las Vegas retail. Now, it's part of a trend in which Las Vegas strip malls are being snapped up by ...

16 April 2015
By Eli Segall

First quarter shows mixed signals in Nevada’s continuing foreclosure woes

A view of model homes in a Ryland Homes subdivision at Buffalo and Diablo drives in the southwest valley Sunday, April 5, 2015.

One in every 209 homes statewide received a foreclosure-related filing in the three months ending March 31, the third-highest rate in the nation behind ...

15 April 2015
By Eli Segall

Private university buys Nevada Cancer Institute building for its med school

The Nevada Cancer Institute closed Dec. 31, 2012. The Summerlin-based cancer treatment and research facility opened in 2005.

The former Nevada Cancer Institute building will remain a part of the region's medical community. Roseman University of Health Sciences announced Monday that ...

13 April 2015
By Jackie Valley

Developments in southwest valley rise after years of delays and defaults

Today, 48,500 people work in construction locally, up 39 percent from the depths of the Great Recession. In this photo, carpenters work on an apartment complex under construction Tuesday, April 7, 2015, at Hualapai and Peace Ways.

As the economy improves, few places are getting as much action. Developers are building or planning to construct apartment complexes, industrial properties, big-box retail and ...

13 April 2015
By Eli Segall

Bounce in Las Vegas home sales might signal listings at ‘more realistic prices’

Home on 6820 San Ricardo Ave.

Despite a big jump in sales, Las Vegas used-home prices were flat month-to-month, perhaps indicating that fewer sellers are overpricing. The median sales price ...

8 April 2015
By Eli Segall

Will Sandoval’s praise at IKEA’s Las Vegas groundbreaking soar higher than the sky?

Gov. Brian Sandoval speaks during the grand opening of Downtown Summerlin on Thursday, Oct. 9, 2014.

Politicians are prone to getting excited for good news, and in Nevada, when it comes to real estate projects, no one gets giddier than the governor. Brian Sandoval has criss-crossed the state for ceremonial groundbreakings to praise developers, their projects and the good things they’re bringing ...

8 April 2015
By Eli Segall

Nevada lawmakers aim to delegate HOA disputes to lower level

Lawmakers who say they're tired of deciding landscaping, parking and trash can disputes are trying to delegate homeowner association legislation to a more local level. Republican Assemblyman Ira Hansen presented ...

2 April 2015
Associated Press

Luxury Henderson apartment complex, abandoned during recession, ready for sale

One of several pools on Wednesday, March 25, 2015, at Vantage Lofts, an upscale apartment complex in Henderson that was mothballed during the Recession and is now nearly fully leased.

When Paula Lane toured Vantage Lofts a few years ago, the stylish, mothballed Henderson condo complex was a scary sight. Windows were boarded up, birds were flying inside, upscale appliances had vanished, and air conditioners were caked in dirt. Today, Vantage is fully built and almost fully leased, and having turned things around, the landlord is ...

31 March 2015
By Eli Segall

Las Vegas home prices leave wage growth in the dust

Fafie Moore, left, a Realty Executives owner/broker, and realtor Helen Riley look over a home being offered for sale in Henderson April 8, 2013.

Las Vegas’ soaring home prices outpaced wage growth at one of the fastest rates in the nation the past few years. The average weekly wage in Southern Nevada last year was ...

25 March 2015
By Eli Segall

Photos: 20,000-square-foot Spanish Trail home on the market for cool $8 million

The manicured grounds and pool are a welcoming feature at the home of Jack and Laura Sommer. The house, shown Friday, March 20, 2015, is on the market for $7.95 million in the Spanish Trail Country Club.

Although it was originally built in 1993, the home is still up to date. Laura attributes this to their vision when they were first building. Instead of filling their home with current technology for ...

24 March 2015
By Eva Chidester

Nest now: Home design trends for 2015

Armed with some basic design tips, a little creativity and a budget that can run the gamut from high to low depending on your comfort level, you easily can make your home feel unique, personal and on point with the latest trends ...

22 March 2015
MJ Stevens, Special to The Sunday

Las Vegas foreclosure filings on the rise, report finds

A view of a neighborhood with three-story homes in Las Vegas, April 4, 2013.

Nevada’s foreclosure woes worsened last month as lenders seized more homes than in January and filed more default notices. One in every 569 homes statewide received ...

18 March 2015
By Eli Segall
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