Home » Cities »  (Page 3)

Las Vegas


Stable Development Adds Summerlin MOB to its Stable

Stable Development Adds Summerlin MOB to its Stable

Stable Development recently announced the acquisition of a Class A office building in Las Vegas Valley. The company purchased the Longford Medical building, and it has already completed a large amount of leases for the property, with roughly half of the available space occupied. The new owner is set to…

Continue reading →

Berkadia Secures $107M Financing Package for M-F Portfolio

Berkadia Secures $107M Financing Package for M-F Portfolio

Seven different multifamily properties located in the Las Vegas area recently received a financing boost. The Berkadia Commercial Mortgage LLC office in Orange County, CA issued a statement announcing that it had recently arranged financing worth a total of $102.9 million for a multifamily portfolio in the city.…

Continue reading →

Berkadia Secures $107M Financing Package for M-F Portfolio

Berkadia Secures $107M Financing Package for M-F Portfolio

Seven different multifamily properties located in the Las Vegas area recently received a financing boost. The Berkadia Commercial Mortgage LLC office in Orange County, CA issued a statement announcing that it had recently arranged financing worth a total of $102.9 million for a multifamily portfolio in the city.…

Continue reading →

TODAY’S DEALS: Berkadia Secures $107M in Multi-Layered Financing for Portfolio of Las Vegas Properties

TODAY’S DEALS: Berkadia Secures $107M in Multi-Layered Financing for Portfolio of Las Vegas Properties

Berkadia Commercial Mortgage arranges $102.9 million in financing for Angelo, Gordon & Co. and Interwest; Gelt Inc. wraps up its first purchase in Utah; and Wells Fargo provides $26 million for a mixed-use development in Raleigh, N.C. …

Continue reading →

NorthMarq Secures Acquisition Financing for LaPour Corporate Center

NorthMarq Secures Acquisition Financing for LaPour Corporate Center

It was recently reported that NorthMarq Capital secured $12.3 million in acquisition financing for LaPour Corporate Center in Las Vegas. The Denver office of the company handled the financing with Senior Vice President Greg Benjamin and Senior Investment Analyst Jeff DeHarty heading the process on behalf of NorthMarq. The company…

Continue reading →

Prologis Starts Spec Industrial Project in North Las Vegas

Prologis Starts Spec Industrial Project in North Las Vegas

Developer Prologis has officially begun development on its speculative industrial park at Pecos and Gowan roads, meaning that it is the first property of its kind to be constructed in Las Vegas since the economic downturn. Prologis is gambling on the fact that the local industrial market, still reeling from…

Continue reading →

Griffis Residential Rebrands Pair of M-F Assets

Griffis Residential Rebrands Pair of M-F Assets

Griffis Residential recently unveiled the new names of the two Las Vegas area communities it owns. The Denver-based multifamily investment and management firm has baptized the two premium residential assets by introducing the Griffis brand into the new monikers for the properties. As a result, The Wellington Apartments has now…

Continue reading →

Officials Delay Vote on Parcel Eyed for Global Business District; Triple Five Markets Site Near Riveria

Officials Delay Vote on Parcel Eyed for Global Business District; Triple Five Markets Site Near Riveria

With the ever-referenced economic comeback of Las Vegas still underway, the city is starting to cover the scars left by the downturn. Recently, massive strands of land caught the investors’ attention as it was revealed that the Las Vegas Convention and Visitors Authority is seeking to acquire an important land…

Continue reading →

Tropicana Follows Up $200M Renovation With Meeting-Space Makeover

Tropicana Follows Up $200M Renovation With Meeting-Space Makeover

Tropicana Las Vegas – a DoubleTree by Hilton is currently undergoing major changes at its Tropicana Pavilion, with the facility being expanded for additional space. The entity recently announced that the development process is set for a March 1, 2015 completion. A number of improvements and new features are also…

Continue reading →

Thorofare Capital-Arranged Loan Leads to Sale of Final Condo Units at The Martin

Thorofare Capital-Arranged Loan Leads to Sale of Final Condo Units at The Martin

Thorofare Capital, an alternative investment platform, recently announced that it had provided a $4 million short-term loan to finance the acquisition of a condo unit portfolio at The Martin. The sponsor will use the financing to acquire the final units under the ownership of the tower’s developer, and then focus…

Continue reading →

Venues Group Breaks Ground on Event Facility in Fremont East

Venues Group Breaks Ground on Event Facility in Fremont East

The Venues Group recently held a groundbreaking ceremony for the company’s latest project, a Las Vegas entertainment facility. The developer, a premier special event and entertainment facility group, was represented at the facility by executives including Owner and Founder Victor Perillo and Vice President David Twigger, while the city was…

Continue reading →

Bascom Group, Oaktree JV Buys New M-F Asset in Henderson

Bascom Group, Oaktree JV Buys New M-F Asset in Henderson

A Henderson multifamily asset recently traded hands when a Bascom Group venture and funds managed by Oaktree Capital Management LP moved on the local market for a new acquisition. The $250 million venture is now the new owner of The Edge at Traverse Point residential community after the deal was…

Continue reading →