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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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Surge in Las Vegas’ Home Prices Outpaces Nation’s

Surge in Las Vegas’ Home Prices Outpaces Nation’s

The accelerated growth rate for home prices could spark a new trend as homebuyers will look to acquire property before the phenomenon drives average prices out of their budgets. Developers and home builders will also most likely once again look to the Las Vegas market and try to create as…

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Wolff Co. Buys 3,098-Unit M-F Portfolio

Wolff Co. Buys 3,098-Unit M-F Portfolio

With new mega-resort projects coming back to the Strip, and the Downtown Project continuing its shopping spree in the core of the city, Las Vegas is seeing interest from investors and developers finally rise after a few years of uncertainty. In the multifamily sector, a major transaction was just completed…

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TIAA-CREF Takes 50% Stake in Grand Canal Shoppes; GGP Reaps $410M

TIAA-CREF Takes 50% Stake in Grand Canal Shoppes; GGP Reaps $410M

Recent deals announced in the Las Vegas retail market indicate the area’s growing potential as an investor’s market, with a partnership between General Growth Properties and TIAA-CREF being revealed as the new ownership structure of the Grand Canal Shoppes, including the Shoppes at Palazzo. General Growth Properties sold 50 percent…

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The Right Legislative Moves Could Be Nevada’s Saving Grace

The Right Legislative Moves Could Be Nevada’s Saving Grace

By Alex Girda, Associate Editor Recent real estate market reports regarding Nevada’s housing situation indicate that the long-awaited recovery could be postponed as average prices have dipped for the last few months. Residents and developers are waiting for a way out of this situation and a serious initiative is now…

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Providence Clearly a Fan of Parks as Master-Planned Community Unveils Second Public Spot

Providence Clearly a Fan of Parks as Master-Planned Community Unveils Second Public Spot

By Alex Girda, Associate Editor The Providence master-planned community situated in the northwest part of the valley has recently inaugurated its second park. The community, located at 10695 Dorrell Lane, has now unveiled two parks that will benefit area residents, with another one in the pipeline. The Providence developer, John…

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WinCo to Open Two Las Vegas Stores; Overall Home Sales Have Hit Record Highs in 2011 as New Home Sales Plunged

WinCo to Open Two Las Vegas Stores; Overall Home Sales Have Hit Record Highs in 2011 as New Home Sales Plunged

By Alex Girda, Associate Editor WinCo Foods is about to open two brand new stores in the Las Vegas area with a tentative opening slated for March of this year. One of the two stores is being rapidly developed at the Stephanie Street and Wigwam Parkway location. The Las Vegas…

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Stoltz Real Estate Partners Pays $51m for N. Las Vegas Community Center

Stoltz Real Estate Partners Pays $51m for N. Las Vegas Community Center

Deer Springs Town Center is a 512,325-square foot retail center located at the intersection of the Interstate 215 Beltway and 5th Street. Developed in 2009, it stands on a 62-acre lot and is home to a number of big retail names such as Home Depot, Toys ‘R’ Us, Babies ‘R’…

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Linq Unveils LED Frontage as High-Rolling Project Nears Home Stretch

Linq Unveils LED Frontage as High-Rolling Project Nears Home Stretch

The Linq development is slated to become one of the big crowd attractions on a constantly reinventing Strip. The $550 million development will have created around 3,000 construction jobs for the area, while the developer estimated that around 1,500 full-time positions would be created once the entertainment district begins to…

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