LAS VEGAS, NV – Amid an uptick in overall real estate sales in Southern Nevada as of late, a large apartment complex in Las Vegas was recently sold by its developer for almost $120 million. Elysian at Sunset, a 384-unit complex in the southwest valley, was sold by the Calida Group for $118 million, with…
Homeowner Sues Tenant Who Leased Short-Term Rental Without Permission Over $180K Las Vegas City Fine
LAS VEGAS, NV – A homeowner is suing a former tenant he claims had listed his property without his permission on Airbnb back in 2021, and in doing so incurred a whopping $180,000 fine imposed upon him by the city of Las Vegas for operating an unlicensed short-term rental within their borders. Homeowner Xin Tao, who lives full-time in…
LAS VEGAS, NV – Brownstone Apartments, a 143-unit luxury apartment community located in the Las Vegas neighborhood of Centennial Hills, has been purchased by Irvine, California-based SB Real Estate Partners (SBREP) for $42 million in an off-market transaction. As a result of the purchase, SBREP has officially re-branded Brownstone Apartments as Portola Centennial Hills. The acquisition…
LAS VEGAS, NV – Thinking of heading to Las Vegas to enjoy some rowdy Spring Break partying in the coming weeks? If that’s the case, you might want to engage in a more subdued affair when you visit Sin City, because a major local area short-term rental advocacy group is teaming up with authorities to prevent…
LAS VEGAS, NV – According to a new report released by Redfin, the Las Vegas Valley currently has one of the highest instances of pending real estate deals falling through in the entire country. In January 2025, the valley placed third in the nation in terms of the number of pending home sales being cancelled, with about…
LAS VEGAS, NV – As the housing crisis continues in Southern Nevada, state officials announced this week that ground will soon be broken on two new affordable housing apartment complexes in Las Vegas, bringing a total of 201 much-needed units to the city’s residents. The Southern Nevada Regional Housing Authority (SNRHA) confirmed that one of the new…
LAS VEGAS, NV – Formerly a quiet neighborhood free of the hustle and bustle of the Las Vegas Strip, the city’s Arts District is now seeing an uptick in foot traffic and activity as two new apartment complexes are currently under construction, with both slated to open next year. A 337-unit apartment building is currently in…
LAS VEGAS, NV – The Federal Trade Commission (FTC) announced in December 2024 that they would be instituting a ban on so-called “junk fees,” which is a term used to describe bait-and-switch pricing and other tactics used to hide total prices and misrepresent fees in the short-term lodging and live-event ticketing industries. The Junk Fees…
LAS VEGAS, NV – After several months of prices fluctuating and slowly rising, Las Vegas homes in January finally set a new all-time record for the region, and as of February that record has remained firmly in-place, with prices remaining flat month-to-month. According to a new report by industry group Las Vegas Realtors (LVR), the median…
LAS VEGAS, NV – The new year ushers in many things, but prime among them is that it’s a time when people are looking for a fresh start on life, and to that end many find themselves searching for the best deals on a new place to call home. With that being said, a new…
LAS VEGAS, NV – A new and innovative real estate platform – TheMLS.AI – is seeking to transform and revolutionize the industry with a cutting-edge combination of artificial intelligence (AI) and augmented reality (AR), with the developer claiming that the ripple effects for both buyers and sellers are anticipated to be felt the world over. The key…
LAS VEGAS, NV – According to a new study released by Construction Coverage, a company that specializes in researching construction software, insurance, and related services, Nevada, Georgia, Michigan and Arizona rank among the least stable states for real estate, and Las Vegas is currently the most volatile large housing market in the nation. In order to…
