LAS VEGAS, NV – A California-based developer is planning to construct a $380 million mixed-use sports, entertainment, and retail facility in Las Vegas, with Agora Realty & Management having recently closed on financing and land purchases at the former site of two Las Vegas casinos in order to bring the project to life. Plans for the upcoming facility including housing, retail, and the a professional-grade public ice rink, which will be managed by the NHL‘s Golden Knights, who play at the Las Vegas Strip’s T-Mobile Arena and won this year’s Stanley Cup championship. The 73-acre project is slated to be called…
LAS VEGAS, NV – The Las Vegas estate of National Hockey League (NHL) star Max Pacioretty, a left winger for the Carolina Hurricanes, has sold for an impressive $11 million. The sale represented two significant milestones for the Southern Nevada region; it is the highest price ever paid for a home in The Ridges – a luxury master-planned community in Summerlin, where Pacioretty’s home was located – as well as the highest price paid for a home anywhere in the greater Las Vegas area so far this year. Initially starting his career with the Montreal Canadiens, Pacioretty, 34, was traded to…
SUMMERLIN, NV – Bill Foley, owner of National Hockey League (NHL) ice hockey team Vegas Golden Knights, has recently listed his Summerlin Nevada home on the market for $8.75 million, down from his original asking price of $9.5 million. The home – called “Azure” – is located at 19 Flying Cloud in an exclusive gated section of Summerlin called “The Ridges”, and is situated on a plot of land coming in at just under one acre. The residence is 12,445 square feet in size and was built in 2013 by its original owners before it was sold to Foley and…
LAS VEGAS, NV – National Hockey League (NHL) star Jonathan Marchessault has listed his Summerlin mansion for sale for $5.2 million after leaving the Las Vegas Golden Knights – a team he has played with for the past seven seasons, during which time the team picked up a Stanley Cup win – for a new big-money deal to play for the Nashville Predators. After signing up to play for the Predators in July, Marchessault, 33, listed his two-story, five-bedroom, 5,586-square-foot home for sale in August for $5,200,000 after having previously purchased the residence – located in Summerlin’s private, master-planned community of Canyon…
LAS VEGAS, NV – A project previously approved by Clark County that would have seen an NBA-ready arena erected in Las Vegas to entice an existing basketball franchise – or a newly created expansion team – to move to Nevada has been quietly cancelled. While experts have noted that a new arena was not required to lure an NBA team to Southern Nevada – T-Mobile arena could potentially be shared with the NHL’s Golden Knights – having a facility dedicated to professional basketball competition would make Las Vegas a very attractive candidate for such a thing. Clark County commissioners had…
LAS VEGAS, NV – The legendary Oscar De La Hoya, former professional boxing champion and current boxing promoter, has purchased a home that is currently in the process of being constructed in the luxury MacDonald Highlands community in Las Vegas’ Henderson neighborhood for an eye-opening $14.6 million. De La Hoya, known in his boxing days as “The Golden Boy,” is now in possession of the highest-priced purchase in Las Vegas for the month of May, along with NHL Vegas Golden Knight player Alex Tuch, who was traded to the Buffalo Sabres and subsequently sold his Summerlin home for a pricey sum. The…
LAS VEGAS, NV – According to reports, the Las Vegas luxury home market is being described as “on fire” by experts, with home sales continuing to set records despite the ongoing COVID-19 pandemic. For example, Noel Lee, 71, the CEO of Monster Inc., recently sold his Henderson home – measuring 11,375 square feet with six bedrooms and nine bathrooms – for $7 million, the third-highest price paid for a residence in the Las Vegas valley in 2020 so far. Lee’s two-story home features two master suites, an office, game room, fitness room, wine cellar, theater, an infinity-edge pool, and a five-car…
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…
Why Las Vegas Is The Right Market It should be no surprise to hear that Las Vegas is an excellent housing market to invest in. Investors are receiving top-dollar rents. Nevada boasts over 3 million people and continues to have one of the strongest growth rates in the country. Clark County is home to nearly 75% of Nevada’s 3+ million residents with almost half of those households choosing to rent. The unique job opportunities, sunny weather, and abundant activities for all ages make the Las Vegas area an attractive place for many individuals and families to call home. Las Vegas…
