LAS VEGAS, NV – President-Elect Joe Biden unveiled his proposed $1.9 trillion COVID-19 stimulus plan last week, and in addition to economic initiatives such as extending and enhancing unemployment coverage and providing funds for state and local governments, he’s also pushing for billions in rental assistance and an eight-month extension of the current residential eviction…
LAS VEGAS, NV – According to recent reports, construction on an ambitious massive mixed-use complex situated in Las Vegas – dubbed “Evora” by developer Joe Sorge – is underway, but still several years from completion. Evora is a 42-acre project located in the southwest valley between Post Road and Patrick Lane, along Buffalo Drive. As currently…
LAS VEGAS, NV – According to recent reports, the 2020 Las Vegas housing market ended on a large glut of sales that resulted in the year concluding on a high note that otherwise contrasted with a year marked with economic downturn and uncertainty due to the ongoing COVID-19 pandemic. In December 2020, 3,305 single-family homes were…
LAS VEGAS, NV – According to recent reports, Southern Nevada – and Las Vegas in particular – have closed out 2020 by setting huge final sales records that show an increase of 38 percent over 2019 for homes valued at $1 million or more. However, the so-called “uber-luxury” market – comprised of homes valued at $4…
LAS VEGAS, NV – According to reports, the date for the official groundbreaking of the Majestic Las Vegas hotel will take place in July, with developer Lorenzo Doumani eyeing an anticipated completion date in 2024. The Majestic Las Vegas will be built at the six-acre site of the former Clarion hotel, which was imploded in 2015.…
LAS VEGAS, NV – Nevada Governor Steve Sisolak’s statewide eviction moratorium is currently in effect until March 31, which prevents tenants and homeowners from being evicted from their homes due to financial reasons stemming from the ongoing COVID-19 pandemic. While this offers a layer of protection for individuals affected by the economic damage inflicted upon…
LAS VEGAS, NV – According to reports, the long-time home of esteemed Las Vegas sports bettor Lem Banker, who passed away in November 2020 at the age of 93, has recently been put up for sale by his family for $680,000. The home, located at 216 Campbell Drive in Rancho Nevada Estates, is a one-story four-bedroom…
LAS VEGAS, NV – According to reports, many experts expected Las Vegas to endure irreparable harm to its real estate industry with the advent of the COVID-19 pandemic in March, what with lockdown orders hamstringing tourism – the lifeblood of the city – and rampant unemployment becoming commonplace as a result. However, despite the blows endured…
LAS VEGAS, NV – The downtown area of Las Vegas Boulevard is currently in the midst of a pricey $125 million improvement project that will see a majority of the infrastructure on the world-famous street – much of it originally constructed in the 1940s – receive a needed facelift, according to reports. The project will include…
LAS VEGAS, NV – According to reports, a recent $11.25 million Henderson mansion purchase has set a record for the highest luxury home sale in the well-known Southern Nevada community in 13 years, showing that the market still has the ability to set monthly sales records despite the ongoing COVID-19 pandemic. The mansion, located at 750…
LAS VEGAS, NV – According to reports, the Madison Square Garden Entertainment (MSG) Corporation has taken over as the construction manager of the Las Vegas MSG Sphere, the technologically-impressive event venue that has seen its share of delays as of late. MSG, though a wholly-owned subsidiary, will take over “strategic planning and the construction timeline, as…
LAS VEGAS, NV – This week, Congress and the Senate approved a massive $892 billion COVID-19 economic stimulus bill in order to help combat the financial damage inflicted upon the country by the ongoing COVID-19 pandemic. Including in the bill – in addition to $300 weekly unemployment benefits and $600 stimulus checks – is also…
