Las Vegas investor J Dapper plans to spend a few million dollars to revive a collection of downtrodden properties clustered around the intersection of Maryland Parkway and Charleston Boulevard. And he’s hoping ...
After the recession clobbered Las Vegas, real estate investor Howard Bulloch still had big plans for the south Strip, landing approvals to build an amusement park and breaking ground on a 500-foot observation wheel across from Mandalay Bay. “Every airplane that flies in and out of Vegas will fly past that wheel,” he said in spring 2012. Months later, however ...
Las Vegas builders sold the fewest homes and pulled the fewest permits in months in October, a new report shows. And while business this year remains above ...
Las Vegas’ rental market has heated up in recent years, with investors buying cheap homes in bulk to lease out and landlords buying and building apartment complexes. The growth in rental prices, however, is far from ...
Developer Eric Cohen spent a lot of time trying to figure out downtown’s housing market and whether he could pull off an apartment project there. His company moved to former bakery Holsum Lofts, immersing itself in the neighborhood as Cohen looked into possible deals. Today, he and partner Doug Eisner are building sprawling apartment complexes around the valley, but nothing downtown. And their company ...
One of the few office towers in the Las Vegas suburbs has changed hands again, and its price keeps dropping. The eight-story Bank of America building off Rainbow ...
When Mark Paris was helping develop Summerlin, a newspaper headline at the time dubbed newly opened Summerlin Parkway the “freeway to nowhere.” Paris now leads ...
Work crews are in action at the Alon Las Vegas site, as the north Strip hotel-casino slowly begins taking shape and a rival newcomer shows little progress next door. Construction of Alon hasn’t started, but ...
House flippers aren't giving up on Las Vegas, even though profits are sliding here and rising elsewhere. Flipping accounted for 8.7 percent of home sales in Southern Nevada in ...
With merchandise such as shot glasses saying “Hangovers are for amateurs” and T-shirts that list “15 reasons why a beer is better than a woman,” the Walgreens at Las Vegas Boulevard and Convention Center Drive isn't your ...
Las Vegas homebuilders had another boost in business last month, as sales and prices continued outpacing last year’s totals, a new report shows. Builders sold 686 new homes ...
Fresh & Easy employee Krystal Fox knew something was wrong at her store in Green Valley when she noticed the dwindling meat supply. Also, the place was usually empty. Having six shoppers was considered a “rush day,” Fox said. Now, her employer ...
The parent company of Las Vegas-based Allegiant Air, an ultra-low-cost carrier that flies from small, underserved cities to warm-weather tourist spots, reported earnings today for ...
The sales price was the highest nationally this year for a freestanding, single-tenant retail building, according to Faris Lee Investments broker Patrick Luther, who represented ...
Las Vegas’ foreclosure activity ramped up last month, making the valley one of the hardest-hit areas in the country, a new report shows. One in every 480 homes in Southern Nevada ...
In a sign that abandoned homes still blight Southern Nevada neighborhoods, Las Vegas has a larger share of vacant houses than most U.S. cities and a bigger percentage of homes whose ...
Las Vegas used-home prices have been largely flat for four consecutive months, a new report shows, and sales volume is sliding. The median sales price of single-family homes last month was ...
Sales of Southern Nevada office buildings, shopping plazas, warehouses and apartment complexes have dropped in 2015 to the slowest pace in years. At the same time, however, prices have soared. Investment sales are by no means grinding to a halt, but market watchers say ...
Las Vegas brokers with CBRE Group last week listed more than 895,000 square feet, spread across 18 buildings, that Hines Interests and Oaktree Capital Management bought in fall 2012 as part of a $119.5 million portfolio purchase ...
Las Vegas’ economy is on the mend, but with foreclosures, depleted wages and other issues still bogging things down, it’s far from fully healthy. And yet, there are more and more people driving around town in shiny new cars. Southern Nevadans are gobbling up ...
Vantage Lofts was a mothballed condo complex, abandoned during the downturn, and after changing hands a few times became one of Southern Nevada’s most expensive rental ...
Speed Vegas plans to open a 1.5-mile racetrack at Sloan Road and Las Vegas Boulevard, just off Interstate 15, next spring. Visitors would be able to grab the wheel — or strap in to the passenger seat — of a Ferrari, Lamborghini ...
At Sahara Decatur Plaza, a once-bustling strip mall, Circuit City’s doors are locked (“Store closing sale,” a sign still says, several years after the retailer shut down) and used-car dealer Charlie Cheap Car hawks vehicles in the parking lot (“No credit? Bad credit? OK!” a banner says). Meanwhile, an armed security guard ...
The state's foreclosure rate was highest in the country for more than five years until March 2012, a sign of how bad things got after the once-booming real estate market collapsed ...
A 45-story luxury high-rise, Sky is across the street from the mothballed Fontainebleau resort. Pathfinder picked up the remaining units that never sold after the 409-unit tower opened in 2007. The units at Sky, 2700 Las Vegas Blvd. South, were listed for sale in April at a price of ...
Some analysts say the malls are relics of a bygone era, but the properties’ owners are invested in bringing them back
Monday, Sept. 14, 2015
Some analysts say enclosed shopping malls are relics of a bygone era, but the properties’ owners are invested in bringing them back to prominence. They have upgraded the buildings and hope new strategies to bring in shoppers will allow them to compete with flourishing shopping centers on the Strip ...
Developer Gregg Wolin has been in the real estate business for 25 years, but few projects have tested his “humanity” and “ethical fiber” as much as Park Highlands in North Las Vegas. The sprawling development ...
Amid slumping confidence nationally, Las Vegas has moved up a list measuring faith in the housing industry, as more renters plan to buy in the next year and more owners feel that ...
Las Vegas used-home sales dropped and prices were flat in August compared to July. But compared to the same time last year, business was up, a new report shows. The median sales price ...
Las Vegas’ office market is still slumping from the recession, and at first glance, the pricey new building in Downtown Summerlin seems bogged down with it. The office sector has a roughly 20 percent vacancy rate, higher than all other types of commercial property, and the nine-story ...
Across the street from Las Vegas City Hall, near Goodfellas Bail Bonds (“Free Ride Home, Free T-Shirt, Free Hug”) and Desert Manor apartments (“No guns, knives or weapons allowed on premises”), a cluster of pricey, high-quality office buildings might rise from ...
Diners and workers at Social Bistro & Wine Bar, a restaurant in Tivoli Village, have a close-up view of the Las Vegas property’s expansion. And lately, staff say, there hasn’t been a whole lot of action. Three buildings are under construction nearby, but one is just a steel frame and ...
Southern Nevada remains one of the most popular places in America to flip houses, thanks to flipping-focused reality TV shows and Las Vegas’ lower home prices. But overall ...
Las Vegas builders continue selling more homes than last year in a “slow, stable” uptick in activity. Builders sold 583 new homes in Southern Nevada last month, bringing ...
A total of 8,191 mortgages were doled out for home purchases in Southern Nevada in the three months ending June 30, up 8 percent from the same period last year, according to RealtyTrac ...
Only a golf course has been built in the 43,000-acre project, which has been stalled for years
Friday, Aug. 14, 2015
Coyote Springs, launched by former powerhouse lobbyist and current prison inmate Harvey Whittemore, has a golf course — a highly ranked one at that — and little else. But it was supposed to be ...
Nevada homes not only were the most overvalued in the country at the peak of the housing bubble last decade, but prices are among the most inflated now, new data show. Homes ...
A discount grocer is giving Las Vegas another try with three new stores, less than a year after a rival pulled out of the market. Save-A-Lot plans to open the first store Thursday at 1120 E. Charleston Blvd. and hold a ribbon-cutting ceremony there on Friday. It expects to open the other stores ...
Howard Hughes Corp., developer of the 22,500-acre community, sold 58.1 acres of land in the quarter ending June 30, down 7 percent from the same period last year ...
House-flipping comprises a bigger share of the real estate market in Nevada than in almost every other state, a new report shows, but the investment tactic is becoming ...
The Unification Church has built an events center in Las Vegas that it’s calling “America’s most heavenly place” and “a new beacon of hope,” years after buying the project site and changing plans a number of times — including scrapping a museum dedicated to the late ...