Rental Homes & Investment Properties

Anthem is one of Henderson’s most prestigious master-planned communities and continues to be a highly desirable location for rental homes and long-term investment properties. Known for its elevated location, beautifully maintained neighborhoods, scenic mountain views, and upscale residential atmosphere, Anthem attracts families, professionals, retirees, and executives seeking a high-quality lifestyle just minutes from the Las Vegas Strip and the area’s major employment centers.

For rental property owners, Anthem offers a strong combination of desirable housing, established neighborhoods, and long-term investment potential. The community features a variety of single-family homes, luxury residences, and gated neighborhoods that appeal to tenants seeking quality, comfort, and convenience. Well-maintained homes in Anthem often attract renters looking for a premium living experience in one of Henderson’s most respected communities.

Whether you already own an investment property or are considering converting your home into a rental, understanding the local market is essential. Factors such as neighborhood location, home size, upgrades, community amenities, and HOA requirements all influence rental demand and long-term investment performance. Shelter Realty Property Management works with homeowners throughout the Las Vegas Valley to help maximize rental income through professional marketing, tenant screening, rent collection, inspections, maintenance coordination, and ongoing property management.

Located in southern Henderson, Anthem provides convenient access to Interstate 215, St. Rose Parkway, shopping, dining, medical facilities, parks, and recreational amenities. Its reputation for safety, excellent community planning, and outstanding quality of life continues to make Anthem a preferred destination for both homeowners and renters throughout Southern Nevada.

One of Anthem’s greatest strengths is its broad appeal to long-term tenants seeking an established, well-maintained community. Beautiful landscaping, neighborhood parks, walking trails, and recreational facilities contribute to the area’s lasting popularity while helping preserve property values and encourage long-term residency. These characteristics can help reduce tenant turnover when rental properties are professionally managed.

Many neighborhoods within Anthem are governed by homeowner associations that help maintain the community’s appearance and protect neighborhood standards. Property owners should remain aware of HOA regulations involving exterior maintenance, landscaping, parking, and community guidelines. Professional property management can simplify these responsibilities while helping owners remain compliant and protecting the long-term value of their investment.

If you’re considering renting your Anthem home, obtaining an accurate rental analysis is one of the most important first steps. Proper pricing based on current market conditions can help reduce vacancy while maximizing long-term rental income. Shelter Realty Property Management has extensive experience helping property owners lease and manage single-family homes throughout Henderson communities like Anthem.

Whether you’re relocating, purchasing an investment property, or planning to lease your home in Anthem, our team is here to help. Contact Shelter Realty Property Management to learn more about our comprehensive property management services and request a complimentary rental analysis for your Anthem home.

Rental Homes & Investment Properties

Southern Highlands is one of the southern Las Vegas Valley’s premier master-planned communities and continues to be a highly desirable location for rental homes and long-term investment properties. Featuring elegant single-family homes, luxury estates, beautifully maintained neighborhoods, parks, and the renowned Southern Highlands Golf Club, the community attracts families, professionals, executives, retirees, and relocating residents seeking an upscale lifestyle with convenient access throughout Southern Nevada.

For rental property owners, Southern Highlands offers outstanding long-term investment potential thanks to its established reputation, luxury housing, and consistent demand among qualified tenants. The community appeals to renters looking for executive homes, spacious floor plans, gated neighborhoods, and a prestigious residential setting close to major employment centers, shopping, dining, and recreational amenities. Homes that are professionally maintained and competitively priced often generate strong interest from long-term tenants seeking one of Las Vegas’ most respected residential communities.

Whether you already own an investment property or are considering converting your home into a rental, understanding the local market is essential. Factors such as home size, upgrades, golf course proximity, neighborhood location, community amenities, and HOA requirements all influence rental demand and long-term investment performance. Shelter Realty Property Management helps homeowners maximize rental income through professional marketing, tenant screening, rent collection, inspections, maintenance coordination, and comprehensive property management.

Located in the southern Las Vegas Valley, Southern Highlands provides convenient access to Interstate 15, Interstate 215, Harry Reid International Airport, the Las Vegas Strip, shopping centers, restaurants, schools, parks, and many of Southern Nevada’s largest employment corridors. Its combination of luxury living, beautifully planned neighborhoods, and exceptional accessibility continues to make Southern Highlands one of the region’s most desirable communities for both homeowners and renters.

One of Southern Highlands’ greatest strengths is its appeal to tenants seeking an upscale master-planned community with exceptional amenities and long-term residential stability. Beautifully landscaped streets, neighborhood parks, walking trails, open green spaces, and nearby golf contribute to the community’s lasting popularity while encouraging residents to remain in the area. These qualities can help property owners attract and retain long-term tenants when rental homes are professionally managed.

Many neighborhoods within Southern Highlands are governed by homeowner associations that help preserve architectural standards and maintain the community’s distinctive appearance. Property owners should remain aware of HOA requirements involving landscaping, exterior maintenance, parking, and other neighborhood guidelines. Professional property management can simplify these responsibilities while helping owners remain compliant and protect the long-term value of their investment.

If you’re considering renting your Southern Highlands home, obtaining an accurate rental analysis is one of the most important first steps. Proper pricing based on current market conditions can help reduce vacancy while maximizing long-term rental income. Shelter Realty Property Management has extensive experience helping homeowners lease and manage single-family rental homes throughout Las Vegas communities like Southern Highlands.

Whether you’re relocating, purchasing an investment property, or planning to lease your home in Southern Highlands, our team is here to help. Contact Shelter Realty Property Management to learn more about our comprehensive property management services and request a complimentary rental analysis for your Southern Highlands home.

Rental Homes & Investment Properties

Seven Hills is one of Henderson’s most desirable master-planned communities and continues to be a highly sought-after location for rental homes and long-term investment properties. Known for its elevated neighborhoods, beautifully maintained streets, scenic desert surroundings, and championship golf course, Seven Hills attracts families, professionals, executives, retirees, and relocating residents seeking an upscale lifestyle with convenient access throughout the Las Vegas Valley.

For rental property owners, Seven Hills offers outstanding long-term investment potential thanks to its established reputation, luxury homes, and consistent demand among qualified tenants. The community features attractive single-family homes, custom residences, and gated neighborhoods that appeal to renters looking for quality construction, mature landscaping, and convenient access to shopping, dining, parks, and major employment centers. Well-maintained homes that are competitively priced often generate strong interest from long-term tenants seeking one of Henderson’s most respected residential communities.

Whether you already own an investment property or are considering converting your home into a rental, understanding the local market is essential. Factors such as home size, upgrades, panoramic views, golf course proximity, neighborhood location, and HOA requirements all influence rental demand and long-term investment performance. Shelter Realty Property Management helps homeowners maximize rental income through professional marketing, tenant screening, rent collection, inspections, maintenance coordination, and comprehensive property management services.

Conveniently located in Henderson, Seven Hills provides easy access to Interstate 215, St. Rose Parkway, Harry Reid International Airport, shopping centers, restaurants, parks, golf courses, and many of Southern Nevada’s premier business and recreational destinations. Its combination of scenic hillside living, mature neighborhoods, and exceptional accessibility continues to make Seven Hills one of the region’s most desirable communities for both homeowners and renters.

One of Seven Hills’ greatest strengths is its appeal to tenants seeking an established luxury community with outstanding recreational amenities and scenic surroundings. Beautifully landscaped streets, neighborhood parks, walking trails, nearby golf, and open space contribute to the community’s long-term popularity while encouraging residents to remain in the area. These qualities can help property owners attract and retain long-term tenants when rental homes are professionally managed.

Many neighborhoods within Seven Hills are governed by homeowner associations that help preserve architectural standards and maintain the community’s distinctive appearance. Property owners should remain aware of HOA requirements involving landscaping, exterior maintenance, parking, and other neighborhood guidelines. Professional property management can simplify these responsibilities while helping owners remain compliant and protect the long-term value of their investment.

If you’re considering renting your Seven Hills home, obtaining an accurate rental analysis is one of the most important first steps. Proper pricing based on current market conditions can help reduce vacancy while maximizing long-term rental income. Shelter Realty Property Management has extensive experience helping homeowners lease and manage single-family rental homes throughout Henderson communities like Seven Hills.

Whether you’re relocating, purchasing an investment property, or planning to lease your home in Seven Hills, our team is here to help. Contact Shelter Realty Property Management to learn more about our comprehensive property management services and request a complimentary rental analysis for your Seven Hills home.

LAS VEGAS, NV – In a year of never-ending real estate news, 2017 comes to a close with Las Vegas as the region of the United States with the fastest-climbing real estate market; today, let’s take a look back and evaluate some of the highlights – and, considering what a red-letter year it’s been for Nevada, that’s no small task – in anticipation of what is yet to come in 2018.

Raiders Stadium: The former Oakland Raiders will be transplanting themselves to Las Vegas in 2020, and to make them feel at home, in May they purchased a 63-acre plot of land located at Dean Martin Drive and Russell Road in order to construct a massive $2 billion stadium and practice facility – with $750 million of that amount coming from public funding sources – which officially broke ground in November. The project has been credited with increasing tourism interest in Las Vegas, as well as serving as a beacon to companies interested in setting-up shop in Southern Nevada due to the local economic benefits the famous NFL team is providing, even well before their arrival in two years.

World Market Center: Wall Street-based investment firm The Blackstone group made a particularly noteworthy acquisition in Las Vegas in 2017- the World Market Center, a nearly 5.5 million square-foot furniture showroom facility located on Grand Central Parkway at Bonneville Avenue. The purchase, the cost of which was not made public, was announced in September, which was the same time-frame as Blackstone’s procurement of International Market Centers, which owns furniture showrooms located in both Vegas and North Carolina. Blackstone has made several high-profile purchases of Las Vegas real estate in the last few years, including the Las Vegas Strip-based The Cosmopolitan, a 3,000-room hotel.

Fontainebleau: The infamous 60-story hotel, which has been standing overlooking the Strip in its partially-constructed state for years due to the iron grip of the mid-2000’s housing bubble burst upon Southern Nevada, has changed hands several times; in August, real estate investment firms Witkoff and New Valley made public a deal where they acquired the property from the previous owner, Billionaire Carl Icahn, for the sum of $600 million (Icahn had purchased during the depths of the recession for $150 million), with the hopes of finishing the facility for an as-of-yet unannounced purpose (although presumably it will take the form of a hotel of some sort), with the project currently carrying the temporary moniker “Project Blue” as new development efforts are set to commence in 2018.

Alon: The Alon site, a 38 acre expanse of land located on the Strip adjacent to the Fashion Show Shopping Mall, was purchased in December for $336 million by billionaire developer Steve Wynn, who has purchased several properties in the area in recent years – including the $1.5 billion Paradise Park hotel and resort – although it is currently unknown what his plans are for his newest acquisition, the sale of which will be finalized in the first quarter of 2018. At the moment, representatives for Wynn have merely stated that they are purchasing the Alon site and some of its adjacent property – which has changed ownership hands several times over the years, including in 2007 and 2014 – for “future development.”

Town Square: A large open-air retail and office complex located at Las Vegas Boulevard and Sunset Road, Town Square Las Vegas was sold in January to investment firms TIAA and Fairbourne Partners; price was not publicly disclosed, but according to reports the companies took out a $215.6 million mortgage in connection to the acquisition of the 100-acre property, which was seized via foreclosure by creditors in 2011. Retailers already in-place at Town Square include Apple, The Container Store, and Whole Foods Market, in addition to office tenants such as SolarCity.

 Looking for information on investment properties in the area? Give us a call at 702.376.7379 so we can answer any questions you may have.

Rental Homes & Investment Properties

Lake Las Vegas is one of Henderson’s most distinctive master-planned communities and continues to be a highly desirable location for luxury rental homes and long-term investment properties. Centered around a scenic 320-acre lake, the community offers waterfront residences, upscale neighborhoods, golf courses, walking trails, and resort-style amenities that create a residential lifestyle unlike anywhere else in the Las Vegas Valley. It attracts professionals, executives, retirees, and relocating residents seeking luxury living in a peaceful desert setting.

For rental property owners, Lake Las Vegas offers exceptional long-term investment potential thanks to its unique waterfront environment, luxury homes, and strong appeal among tenants looking for premium accommodations. The community features custom estates, waterfront homes, luxury condominiums, and upscale single-family residences that continue to attract qualified renters seeking an elevated lifestyle with convenient access to Henderson and Las Vegas. Well-maintained homes that are competitively priced often generate strong demand from long-term tenants looking for a distinctive residential experience.

Whether you already own an investment property or are considering converting your home into a rental, understanding the local market is essential. Factors such as lake frontage, golf course access, home size, upgrades, neighborhood location, and HOA requirements all influence rental demand and long-term investment performance. Shelter Realty Property Management helps homeowners maximize rental income through professional marketing, tenant screening, rent collection, inspections, maintenance coordination, and comprehensive property management.

Located in eastern Henderson, Lake Las Vegas offers convenient access to Lake Mead Parkway, Interstate 215, shopping, dining, golf courses, outdoor recreation, and the many attractions found throughout Southern Nevada. Its combination of luxury living, waterfront scenery, and resort-style amenities continues to make Lake Las Vegas one of the region’s most desirable communities for both homeowners and renters.

One of Lake Las Vegas’ greatest strengths is its ability to attract tenants seeking a luxury community with amenities rarely found elsewhere in Southern Nevada. Waterfront promenades, marinas, golf courses, walking trails, restaurants, and beautifully landscaped neighborhoods contribute to the area’s long-term appeal while encouraging residents to remain within the community. These qualities can help property owners attract and retain long-term tenants when rental homes are professionally managed.

Many neighborhoods within Lake Las Vegas are governed by homeowner associations that help preserve architectural standards, maintain common areas, and protect the community’s resort-style appearance. Property owners should remain aware of HOA requirements involving exterior maintenance, landscaping, parking, and other neighborhood guidelines. Professional property management can simplify these responsibilities while helping owners remain compliant and protect the long-term value of their investment.

If you’re considering renting your Lake Las Vegas home, obtaining an accurate rental analysis is one of the most important first steps. Proper pricing based on current market conditions can help reduce vacancy while maximizing long-term rental income. Shelter Realty Property Management has extensive experience helping homeowners lease and manage luxury rental homes throughout Henderson communities like Lake Las Vegas.

Whether you’re relocating, purchasing an investment property, or planning to lease your home in Lake Las Vegas, our team is here to help. Contact Shelter Realty Property Management to learn more about our comprehensive property management services and request a complimentary rental analysis for your Lake Las Vegas home.

Rental Homes & Investment Properties

Aliante is one of North Las Vegas’ premier master-planned communities and continues to be one of the area’s most desirable neighborhoods for rental homes and long-term investment properties. Offering attractive residential neighborhoods, parks, walking trails, shopping, and convenient access to major employment centers throughout the Las Vegas Valley, Aliante appeals to families, professionals, and retirees seeking a well-maintained community with modern amenities. Its combination of newer homes, community features, and convenient location continues to make Aliante an attractive choice for both homeowners and renters.

For rental property owners, Aliante has become a desirable community because it attracts a wide variety of tenants, including families, professionals, retirees, and individuals relocating to Southern Nevada. Homes that are well-maintained, properly priced, and professionally marketed often generate strong interest due to the community’s reputation and convenient location.

Whether you already own an investment property or are considering converting your home into a rental, understanding the local market is essential. Factors such as neighborhood location, home size, upgrades, HOA requirements, and overall property condition all influence rental demand and long-term investment performance. Shelter Realty Property Management works with homeowners throughout the Las Vegas Valley to help maximize rental income while protecting their investment through professional leasing, tenant screening, rent collection, inspections, and ongoing property management.

Located in North Las Vegas, Aliante also offers convenient access to Interstate 215, U.S. Highway 95, numerous shopping centers, restaurants, schools, and recreational amenities. These conveniences continue to make the community attractive to renters seeking suburban living without sacrificing accessibility to the rest of the valley.

One of the advantages of owning rental property in Aliante is the community’s long-term stability. Many neighborhoods feature attractive landscaping, homeowner associations, neighborhood parks, and well-maintained streets that help preserve curb appeal and encourage long-term residency. These qualities can contribute to lower tenant turnover when properties are properly managed.

Because many homes are located within HOA-governed neighborhoods, property owners must also remain aware of community regulations involving landscaping, exterior maintenance, parking, and other neighborhood standards. Professional property management can help owners stay compliant with these requirements while reducing the day-to-day responsibilities associated with managing a rental property.

If you’re considering renting your Aliante home, obtaining an accurate rental analysis is one of the most important first steps. Proper pricing based on current market conditions can help minimize vacancy while maximizing long-term rental income. Shelter Realty Property Management has extensive experience helping Las Vegas area property owners lease and manage single-family homes throughout communities like Aliante.

Whether you’re relocating, purchasing an investment property, or simply looking for experienced property management in Aliante, our team is here to help. Contact Shelter Realty Property Management to learn more about our comprehensive property management services and to request a complimentary rental analysis for your home.

LAS VEGAS, NV – With the local economy on the rise and new businesses are arriving in the area, Las Vegas is on the verge of its greatest all-time comebacks. But the famous city and its surrounding areas are still struggling in one area- attracting the next generation of young business leaders and workers, and to that end, local officials are eyeing several different projects they hope will appeal to Millennials, a relatively unique section of society with different motivations for success than most.

Millennials are the demographic cohort following Generation X; those born in the early 1980s throughout the mid-1990s to early 2000s, and they are typically known for their savvy with technology and social media and a high degree of ambivalence about material success, preferring a more stable work-life balance and a fulfilling social life as opposed to grinding away for hours behind a desk. As such, Las Vegas is seen by many as the city of excesses; it would only be natural that this would not be the average Millennials’ first choice to live. However – owing in part to their love of posting exciting activities on social media platforms such as Instagram – Southern Nevada developers are starting to invest in amenities they hope will draw in this coveted generation, including a zip line across the Las Vegas strip from Caesars Palace and an e-sports arena at the Luxor, both currently under development and slated for use in 2018.

In addition, a construction project at a Lake Mead National Recreation Area campground is set soon, which will result in approximately $3 million in improvements to the popular Boulder Beach Campground, including restorations and repairs to at least 73 campsites, roads, and sanitation and potable water refill stations. In addition, structures to provide shade during hot summer months will be added as well, providing an environment sure to attract Millennials, many of whom are big fans of outdoor activities when on free time.

Additionally, sporting events are always a great way to attract the younger generation, and in addition to the much-publicized start of construction on the incoming Las Vegas Raiders NFL team’s eponymous stadium, due to open in 2020, local officials recently gave the green light to another sporting complex- the Las Vegas Ballpark, set to be built in Downtown Summerlin. The proposed 10,000-seat baseball stadium will be the new home of Las Vegas 51s Triple-A minor league baseball team, with the initial groundbreaking set to be held in early 2018. The developers have laid out what they refer to as an “aggressive” development schedule, and anticipate the stadium being open in time for the 2019 season. Again, offering more in the way of exciting entertainment options for residents is seen by officials as a way to attract younger people to Nevada, something access to quality sporting entertainment often results in.

A region with a rapidly growing economy and a very competitive real estate and job market needs young people to fill their ranks more than anything, and recent developments in Las Vegas have made it clear that businesses and officials are doing what they can to entice Millennials to take a chance on all that Las Vegas has to offer.

Thinking of relocating to Las Vegas? Maybe investing? If you need real estate information on the fast-evolving Las Vegas market, please feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Rental Homes & Investment Properties

Desert Shores is one of Las Vegas’ most unique master-planned communities and continues to be a highly desirable location for rental homes and long-term investment properties. Known for its scenic man-made lakes, waterfront homes, tree-lined streets, and resort-style atmosphere, Desert Shores offers a residential lifestyle unlike almost anywhere else in Southern Nevada. The community attracts families, professionals, retirees, and individuals seeking a peaceful neighborhood with exceptional recreational amenities.

For rental property owners, Desert Shores offers strong long-term investment potential thanks to its distinctive waterfront setting, established neighborhoods, and lasting appeal among renters. The community features a variety of single-family homes, lakefront properties, and well-maintained residential neighborhoods that continue to attract qualified tenants looking for scenic surroundings and convenient access to shopping, dining, and major employment centers. Homes that are properly maintained and competitively priced often experience strong rental demand because of the community’s unique character.

Whether you already own an investment property or are considering converting your home into a rental, understanding the local market is essential. Factors such as lake frontage, home size, upgrades, neighborhood amenities, and HOA requirements all influence rental demand and long-term investment performance. Shelter Realty Property Management helps homeowners maximize rental income through professional marketing, tenant screening, rent collection, inspections, maintenance coordination, and comprehensive property management.

Located in northwest Las Vegas, Desert Shores provides convenient access to Summerlin, U.S. Highway 95, shopping centers, restaurants, schools, parks, and recreational opportunities throughout the Las Vegas Valley. Its combination of waterfront living, mature landscaping, and convenient location continues to make Desert Shores one of the area’s most sought-after communities for both homeowners and renters.

One of Desert Shores’ greatest strengths is its ability to attract tenants looking for a neighborhood that offers something beyond a traditional suburban setting. Scenic lakes, walking paths, picnic areas, community amenities, and beautifully landscaped common areas contribute to the community’s long-term appeal while encouraging residents to remain in the neighborhood. These qualities can help property owners attract and retain long-term tenants when homes are professionally managed.

Many neighborhoods within Desert Shores are governed by homeowner associations that help preserve community standards, maintain common areas, and protect the appearance of the waterfront environment. Property owners should remain aware of HOA requirements involving landscaping, exterior maintenance, parking, and other community guidelines. Professional property management can simplify these responsibilities while helping owners remain compliant and protect the long-term value of their investment.

If you’re considering renting your Desert Shores home, obtaining an accurate rental analysis is one of the most important first steps. Proper pricing based on current market conditions can help reduce vacancy while maximizing long-term rental income. Shelter Realty Property Management has extensive experience helping homeowners lease and manage single-family rental homes throughout Las Vegas communities like Desert Shores.

Whether you’re relocating, purchasing an investment property, or planning to lease your home in Desert Shores, our team is here to help. Contact Shelter Realty Property Management to learn more about our comprehensive property management services and request a complimentary rental analysis for your Desert Shores home.

Rental Homes & Investment Properties

Summerlin is one of the nation’s most recognized master-planned communities and continues to be one of the most desirable locations for rental homes and long-term investment properties in Southern Nevada. Stretching across the western Las Vegas Valley near Red Rock Canyon, Summerlin features a diverse collection of villages, beautifully maintained neighborhoods, luxury homes, parks, golf courses, walking trails, and premier shopping and dining destinations. Its exceptional reputation attracts families, professionals, executives, retirees, and relocating residents seeking one of the highest-quality residential environments in the region.

For rental property owners, Summerlin offers outstanding long-term investment potential thanks to its strong residential demand, diverse housing options, and enduring reputation for quality community planning. From luxury custom estates and executive homes to townhomes, condominiums, and single-family residences, Summerlin offers rental opportunities that appeal to a wide range of qualified tenants. Well-maintained homes that are competitively priced often experience strong demand from renters seeking the convenience, amenities, and lifestyle that Summerlin is known for.

Whether you already own an investment property or are considering converting your home into a rental, understanding the local market is essential. Factors such as village location, home size, upgrades, nearby amenities, school districts, and homeowners association requirements all influence rental demand and long-term investment performance. Shelter Realty Property Management helps homeowners maximize rental income through professional marketing, tenant screening, rent collection, inspections, maintenance coordination, and comprehensive property management.

Located along the western edge of the Las Vegas Valley, Summerlin provides convenient access to the 215 Beltway, Downtown Summerlin, Red Rock Canyon National Conservation Area, golf courses, medical facilities, major employment centers, and the Las Vegas Strip. Its combination of award-winning community planning, exceptional amenities, and convenient accessibility continues to make Summerlin one of the most sought-after residential destinations for both homeowners and renters.

One of Summerlin’s greatest strengths is its ability to attract long-term tenants seeking a well-established community with exceptional amenities and lasting residential appeal. More than 250 parks, an extensive trail system, championship golf courses, community centers, shopping, dining, and recreational opportunities contribute to the area’s continued popularity while encouraging residents to remain within the community. These qualities can help property owners reduce tenant turnover and support long-term investment performance when rental homes are professionally managed.

Many neighborhoods throughout Summerlin are governed by homeowner associations that help preserve architectural standards, maintain beautifully landscaped common areas, and protect property values. Property owners should remain aware of HOA requirements involving landscaping, exterior maintenance, parking, and other community guidelines. Professional property management can simplify these responsibilities while helping owners remain compliant and protect the long-term value of their investment.

If you’re considering renting your Summerlin home, obtaining an accurate rental analysis is one of the most important first steps. Proper pricing based on current market conditions can help reduce vacancy while maximizing long-term rental income. Shelter Realty Property Management has extensive experience helping homeowners lease and manage rental properties throughout Summerlin’s many villages and neighborhoods.

Whether you’re relocating, purchasing an investment property, or planning to lease your home in Summerlin, our team is here to help. Contact Shelter Realty Property Management to learn more about our comprehensive property management services and request a complimentary rental analysis for your Summerlin home.

LAS VEGAS, NV – The soon-to-be-transplanted Las Vegas Raiders NFL team has gotten people talking, and their imminent arrival in Southern Nevada – in 2020, if all goes well with the construction of their new state-of-the-art stadium situated at Interstate 15 and Russell Road – has already resulted in economic growth and the interest of new businesses opening up shop in the region. However, a proposed tax reform currently in the works by the Republican members of the House of Representatives may throw some roadblocks into the equation, as certain provisions investors were relying upon to fund the Raiders project may now be in jeopardy.

Currently, the cost of the $1.9 billion, 65,000-seat Las Vegas Raiders football stadium is being financed, in part, via the use of tax-exempt bonds; this is a common practice used by investors when it comes to the construction of stadiums for sports teams. However, a provision of the proposed House tax reform bill – one currently being championed by United States President Donald J. Trump, who has vowed to sign it into law before Thanksgiving of this year, placing the Raiders project within its legal boundaries – will outlaw the use of Tax-exempt bonds in this manner, which would mean that $750 million in public monies will be excluded from the stadium’s financing package if 429-page legislative bill passes in its current form.

What does this mean for the future of the Raiders stadium, which recently held a groundbreaking ceremony on November 13?

At the moment, the ultimate effect is not known, although experts have noted that the current design of the stadium would fall into the parameters of a project covered by the Republican tax reform bill; the passage of the bill would very likely give developers major cause to revise the financial details of the construction, although to what degree is currently up in the air. Most reports, however, say that the passage of the tax bill will potentially increase make the project more expensive by increasing interest rates, decreasing the yield, or both. However, all aspects of the proposed House legislation must be made public and examined before the true extent of its effect upon the finances of the Raiders stadium project will be laid bare. But this is provided that the bill passes and doesn’t suffer the same fate as the GOP’s recent health care reform efforts, which were held off by House Democrats and several defecting Republicans members; likewise, the tax reform has generated a similar degree of discontent between the two major political parties, so currently its fate is uncertain.

If the bill passes and the Raiders project is no longer able to utilize tax-exempt bonds in its financing, it is likely that the project will continue as planned, albeit with higher costs; additional investment streams may be required as well to deal with rising development costs. It is vital for the stadium’s development to continue unabated, as its initial announcement has had a spillover effect on industrial properties that had previously stood vacant and unused, even amid Las Vegas’ current housing boom, proving that not only will the arrival of the Raiders have a positive effect on the NFL team’s own bottom line, but the bottom line of the region as well.

Need real estate assistance in the fast-evolving Las Vegas market? Thinking of relocating here? Maybe investing? Please feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – Many real estate investors poured an enormous amount of capital into Southern Nevada when the housing bubble burst in the mid-2000’s – rendering a great deal of their properties near-worthless in what was called the second-largest blow to a local or national economy of any crisis worldwide in the past four decades – many of them would obviously find it difficult, if not impossible to believe in the region as a money-maker again.

After getting burnt so badly, it’s understandable that many investors have trouble buying-into the recent boom Las Vegas real estate has been experiencing after a decade of dormancy, but it’s been building back consistently enough and long enough that experts have declared that this isn’t simply another bubble waiting to burst yet again; indeed, it’s a solid resurgence exhibiting stability and long-term growth potential that should be putting investors at ease, especially with the recent news that Las Vegas has taken the number two spot nationally at the top real estate market, second only to Seattle, Washington.

Needless to say, if you’ve been holding off on putting money into Vegas, wonder no more.

In January of 2012, the median sale price of a home in Las Vegas was a dismal $118,000, and Nevada in general had the highest rate of foreclosures and delinquent mortgages in the United States for 62 months running; fast-forward to today, and an investor would be shocked to discover that the market has been skyrocketing over the course of the past two years. The current median resale price of a home in the Vegas area in 2017 is now well over $250,000, which is up over 9.1 percent from the same period in 2016.

It’s a trend that experts are saying has the legs to continue for the foreseeable future, and such a positive outlook – both in terms of the real estate scene and the overall economy that is slowly but surely causing investors previously burnt to reconsider the region as a viable area to sink their funds.

The growing market, experts say, is fueled by a continued shortage of both homes and apartments, and as a result, prices have spiked in both categories; contractors and construction companies are attempting to keep up with demand, and supply is expected to finally increase during the winter, typically a period where the market slows a bit before the spring causes it to move upwards once again.

The growth locally is so strong that major businesses, such as Amazon, are building headquarters in Las Vegas, and famous sporting teams – such as the NFL’s Raiders, slated to arrive to a new stadium in 2020 – have uprooted from their homes and transplanted themselves here. So, it’s looking that the Las Vegas real estate market is not only seriously on the mend, but that it’s here to stay as well, and investors who have been on the fence after taking a loss previously – understandably so – are finding less and less to fear and more and more to gain.

With Vegas taking the number two spot nationally as a top real estate market, we are here to help you find out all you need about getting into this hot market, handle your rentals, or buy and sell property locally. Please feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – As yet another example of how the rapidly-recovering Las Vegas economy and business climate is attracting numerous out-of-state investors looking to get in on the ground floor of an amazing money-making opportunity, the $78.3 million acquisition of Class A office campus Centra Point was recently announced by a joint venture between PCCP LLC and The Brookhollow Group, two California-based investment organizations .

Centra Point is a nine-building, 383,700-square-foot multi-use office complex at 8311-8395 W. Sunset Road and 6655 S. Cimarron Road, located in the southwest area of the Las Vegas valley; this region is considered by many the most rapidly growing in terms of office-related space, with many such structures – along with apartment complexes and retail stores – popping up in greater numbers than in other areas of Southern Nevada. In contrast, office space in other areas of Vegas has been considered by experts as one of the more sluggish aspects of its overall recovery.

Centra Point’s occupancy currently stands at 70 percent, but with this impressive investment on the part of PCCP LLC and The Brookhollow Group, it’s obvious that a push will be instituted to fill the remainder of the empty spaces as quickly as possible by making the property more desirable to businesses looking for a home base via a series of renovations and upgrades to the existing structures – $3 million worth to the facilities alone, not including any upgrades that may be performed for individual tenants – to go along with its impressive 25 acres of space and significant parking availability.

The complex was originally finished construction in 2006, and is comprised of seven office buildings housing multiple tenants representing a wide array of different companies and businesses. The previous owner was Seattle-based Washington Capital Management, who recently announced the $78.3 million sale in late October after PCCP LLC and The Brookhollow Group closed on the property on September 27. Current business tenants in Centra Point include Ticor Title, Tropicana Entertainment, Valley Health Systems and Dickinson Wright, among others.

Representatives for Brookhollow Group have been quoted as saying that Centra Point, located between the Summerlin and Green Valley communities, is in a “great location” and is expected to take advantage of the slowly-but-surely growing Vegas office space market, especially with the extra attention the region has been receiving in recent months after the announcement of the arrival of professional NFL and NHL teams – including the transplanted NFL Raiders football team, expected to kickoff in their new Las Vegas home stadium in 2020 – which has greatly increased investor interest in the Southern Nevada market.

It is news like this that cements the area as one to watch for business professionals looking to set up a new headquarters or a savvy real estate investor looking to get a great long-term return on their money. Combined with the skyrocketing home and rental real estate market in Las Vegas, new and continued growth and prosperity is likely for those inclined to put their money and hard work into the Nevada marketplace.

Need real estate information on the fast-evolving Las Vegas market? Thinking of relocating here? Maybe investing? Please feel free to give us a call at 702.376.7379 so we can answer any questions you may have.