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The Residences at Mandarin Oriental Reach Sales Milestone

The Residences at Mandarin Oriental Reach Sales Milestone

As the Las Vegas residential market fights for its life, with Nevada’s foreclosures once again at the top of the national chart in a time when homebuilding is at the top of its game, it seems that the market might find a typically flashy savior, considering the context. According to…

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Miracle Mile Refinancing Yields $580M for Tristar Capital, RFR

Miracle Mile Refinancing Yields $580M for Tristar Capital, RFR

One of Las Vegas’ signature shopping spots on the Strip is the Miracle Mile Shops, one of the largest and best-known retail facilities in Sin City. The property made headlines recently for a massive refinancing deal completed by HFF on behalf of the owner, a joint venture between Tristar Capital…

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Rising Las Vegas Home Prices Lead U.S.: S&P/Case-Shiller Index

Rising Las Vegas Home Prices Lead U.S.: S&P/Case-Shiller Index

The Las Vegas housing market is going from strength to strength in terms of prices, being one of the driving forces behind what could shape up as a positive year for the U.S. The city has once again far outpaced the national average which, according to the Standard & Poor’s/Case-Shiller…

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Third Tower at Marriott’s Grand Chateau Tops Out; Court Approves Harmon Tower Demolition

Third Tower at Marriott’s Grand Chateau Tops Out; Court Approves Harmon Tower Demolition

One of Las Vegas’ most high-profile luxury developments of the year is undoubtedly Marriott’s Grand Chateau project. The three-tower complex that would offer residents a wide range of amenities and villa-style accommodations has only recently reached an important milestone. The general contractor of the project, the Tutor Perini Building Corporation,…

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Inspirada Wins Approval for Project Changes, Unveils Park Plans

Inspirada Wins Approval for Project Changes, Unveils Park Plans

The Henderson City Council has thrown Inspirada Builders LLC a lifeline in the form of a new project to develop a total of 30 acres of parks, at its southwest Henderson housing project. The massive housing development has been struggling for a while now, and the developer recently had an…

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Ad Agency Holds Whimsical Contest for $1-Per-Month Sublease Space

Ad Agency Holds Whimsical Contest for $1-Per-Month Sublease Space

The coverage regarding the city’s housing market has been extensive, and for anything else, the Downtown Project has been the go-to topic. However, Las Vegas has been looking for good news for years, and now the positives might begin to outweigh the negatives with an office competition that would help…

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Diamond Resorts Closes IPO; Condo Resale Sets Record at Cosmopolitan

Diamond Resorts Closes IPO; Condo Resale Sets Record at Cosmopolitan

Las Vegas’ wild entertainment and gaming environment makes some people forget that a huge amount of business is what backs up the sprawling Strip investments and luxurious resorts. Diamond Resorts International Inc., a company that owns several Las Vegas hospitality venues including Cancun Resort, Desert Resort and Polo Towers Suites…

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MIG Buys $13 Million Asset as Office Investment Shows a Pulse

MIG Buys $13 Million Asset as Office Investment Shows a Pulse

With the housing sector and the dealings of the Downtown Project at the forefront of the city’s real estate market during recent months, reporting on an office deal might come as a surprise.…

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Pinnacle Founder Chases Elusive Finish Line for Henderson Condos

Pinnacle Founder Chases Elusive Finish Line for Henderson Condos

The troubled Vantage Lofts development has had a rocky road to cross over the past few years since its initial stall back in 2007. Since then, it has been flipped from developer to developer, received a number of changes to the initial project, including an idea to turn the condo…

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Luxury Homes Regain Their Shine as Newton Expands New Estate

Luxury Homes Regain Their Shine as Newton Expands New Estate

As the housing market rebounds in Las Vegas with increases in both the number of sales and median transaction values, the luxury market is not lagging behind as Q1’s figures seem to indicate. The city’s luxury homes are legendary for their sprawling estate-like properties and celebrity-owned compounds, but the market…

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Las Vegas Valley Land Values On the Rise; Still Short of Pre-Downturn Peak

Las Vegas Valley Land Values On the Rise; Still Short of Pre-Downturn Peak

It has taken quite the amount of time for people to be discussing growth when mentioning the city’s real estate, but it now seems that even the most lagging markets are seeing stabilization, or even signs of improvement. Now data from Applied Analysis quoted by The Las Vegas Review-Journal seems…

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Eurasia Resorts Seeks Return to Super-Sized Development

Eurasia Resorts Seeks Return to Super-Sized Development

The city’s recent switch from the new, bombastic mega-resorts of the Strip and focus on smaller projects seemed to mark a new direction for its fortunes. However, the market for massive, imposing projects has not completely gone away as Eurasia Resorts International recently announced a world-class entertainment initiative for the…

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