LAS VEGAS, NV – Minnesota-based Life Time, which runs a chain of luxury health and gym facilities, acquired Las Vegas’ Sullivan Square site in November 2019; according to reports there are potential plans in the works to transform the abandoned property into apartments, offices, and a gym. Sullivan Square was originally purchased in the mid-2000’s with…
LAS VEGAS, NV – The construction status of The Expo at World Market Center Las Vegas, large-scale exhibition facility, recently received an update, courtesy of International Market Centers (IMC). According to a report released by the IMC, the project is currently on-schedule and on-budget, having just entered into the next phase of its development. The Expo…
LAS VEGAS, NV – According to recent reports, Sandpiper Apartments, one of the largest multifamily rental properties in Las Vegas, has been sold in an off-market transaction for a whopping $66 million. The 488-unit community, located at 4650 W. Oakley Boulevard, was sold by previous California-based owners Apple Management to Compass Acquisition Partners, a private…
LAS VEGAS, NV – Malaysia-based developer Genting Group has recently announced a several-month delay of the opening of their mega-resort, the Resorts World Las Vegas Casino, but noted that the resulting addition of several amenities – as well as a higher price tag to the already-impressive complex – are sure to make the delay more than worth…
LAS VEGAS, NV – According to recent reports, developer Joseph Daneshgar – founder of California-based 3D Investments – has purchased a luxury condominium complex located in the vicinity of the Las Vegas Strip for a whopping $47.6 million. The Las Vegas Grand, a 212-unit building located at 818 East Flamingo Road, is among several Las…
LAS VEGAS, NV – According to reports, The Boring Co. – the tunneling company owned by Elon Musk – officially began construction on Nov. 15 on a tunnel that will house an elaborate “people mover” train system at the Las Vegas Convention Center. A people mover is a type of small scale automated guide-way transit…
LAS VEGAS, NV – According to reports, construction on a new upscale apartment complex is currently underway adjacent to the Wyndham Desert Blue timeshare tower located west of the famed Las Vegas Strip. The project, currently without an official name and headed up by developer Fore Property Co., is taking the form of building 287…
LAS VEGAS, NV – According to recent reports, officials representing Bleutech Park, a $7.5 billion mini-city project that has been proposed for Las Vegas, has acquired a 210-acre plot of land at Las Vegas Boulevard and Cactus Avenue that the group originally hoped to break ground upon come December 2019, although that date has been…
LAS VEGAS, NV – In a recent opinion piece published by Edward Kania, the Southern Nevada Eviction Services president argued that recent new laws governing the Nevada eviction process are ultimately unfair to landlords, placing undue stress and hardship upon them in the event that a tenant fails to pay their rent or live up to…
LAS VEGAS, NV – According to reports, Las Vegas new home construction and sales have displayed its strongest quarter of activity since 2007, with developers currently on-track this year to equal their 2018 performance. 2,500 net sales of newly-built homes in the Las Vegas region were reported from the start of July throughout the end…
LAS VEGAS, NV – After an extended period of intense real estate growth, Las Vegas home prices have begun to drop after hitting their highest peak in over ten years, according to reports; experts say that this could benefit the market in the long-term, as the decrease could spur increased home sales, which had been slowing…
LAS VEGAS, NV – Town houses have reached their highest level of construction in the Las Vegas area since the burst of the Mid-2000’s housing bubble, and that trend looks to continue into the foreseeable future, according to reports. By the end of August of 2019, there were 974 town home closings in the Southern Nevada…
