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Siegel Group Plans 2013 Reopening of Former Atrium Suites

Siegel Group Plans 2013 Reopening of Former Atrium Suites

By Alex Girda, Associate Editor The Siegel Group is eyeing a summer 2013 reopening for the former Atrium Suites Hotel in Las Vegas, a distressed 202-key asset on Paradise Road, the Las Vegas Sun reported. A group of investors led by [...]…

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Bellagio Wraps $70 Million Renovation; Hooters Heads for Auction Block

Bellagio Wraps $70 Million Renovation; Hooters Heads for Auction Block

By Alex Girda, Associate Editor .Following the lead of other Las Vegas Strip titans, the Bellagio recently wrapped up a $70 million renovation of its main tower. The renovation comes after a number of makeovers announced or completed by landmark Strip properties [...]…

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Job Growth Fuels Multi-Family Market Revival

Job Growth Fuels Multi-Family Market Revival

By Alex Girda, Associate Editor Las Vegas’ multi-family market appears to be heading for recovery, according to a recent report from Marcus & Millichap Real Estate Investment Services Inc.  In-development retail projects are set to create large amounts of jobs in [...]…

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Excel Trust, Primestor Buys Point to Retail Recovery

Excel Trust, Primestor Buys Point to Retail Recovery

By Alex Girda, Associate Editor If December is “the Black Friday of real estate,” as RealEstate.com’s stated recently, the month has started strong in the Las Vegas market. A pair of retail centers changed hands as their buyers made their debuts [...]…

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Can Valley Condo Market Go any Lower? Office Market Shows Signs of Life According to Area Professionals

Can Valley Condo Market Go any Lower? Office Market Shows Signs of Life According to Area Professionals

By Alex Girda, Associate Editor Investors are acknowledging the opportunities they have received with recent median price slides a Residential Resources of Las Vegas report indicates. Condominium and townhome sales have seen increased interest during the past few months as median [...]…

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Foreclosure Still a Concern and it May Continue to Escalate

Foreclosure Still a Concern and it May Continue to Escalate

By Alex Girda, Associate Editor The Las Vegas housing market has been one of the hardest hit in the country. Now that prices seem to be nearing the bottom, some had hoped that the foreclosure epidemic would wind down, but that [...]…

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Home Sales Still Up From Last Year, Prices Still Sliding

Home Sales Still Up From Last Year, Prices Still Sliding

By Alex Girda, Associate Editor The Las Vegas housing market continues its struggle in anonymity as significant drops in prices are followed by only moderate increases or stagnation. The Greater Las Vegas Association of Realtors has posted some lukewarm numbers, VegasINC [...]…

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Home Prices Remain Frozen, Positive Outcome is Possible

Home Prices Remain Frozen, Positive Outcome is Possible

By Alex Girda, Associate Editor Reports from the outside regarding Las Vegas real estate are more than encouraging; the only issue is the fact that the good news is not for local residents. The Montreal Gazette reports that the continued recession in [...]…

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Index Numbers Pointing Downwards for Vegas Housing

Index Numbers Pointing Downwards for Vegas Housing

By Alex Girda, Associate Editor Las Vegas is actively looking to turn its luck around with a series of measures designed to spark the real estate market. After reporting on ideas such as providing the necessary incentives for corporations to relocate [...]…

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Zappos to Set Up Shop in Downtown Las Vegas

Zappos to Set Up Shop in Downtown Las Vegas

By Alex Girda, Associate Editor Las Vegas desperately needs a plan that will shake things up and redefine the charm of the city that tore Sinatra between New York and The Strip. Housing is collapsed with little signs pointing toward a [...]…

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Las Vegas Homes Selling Low, Foreclosed Homes Being Rehabbed

Las Vegas Homes Selling Low, Foreclosed Homes Being Rehabbed

By Alex Girda, Associate Editor Clark County has recently funneled $4 million in federal neighborhood stabilization dollars to Housing for Nevada, a nonprofit whose activities focus around the struggling market. The organization aims at buying, rehabilitating and reselling foreclosed or abandoned [...]…

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Downtown Set For a Housing Mini-Boom, New Home Sales Continue to Drop

Downtown Set For a Housing Mini-Boom, New Home Sales Continue to Drop

By Alex Girda, Associate Editor According to city real estate specialists, downtown is seemingly generating some heightened interest in its housing options. Though prices are nowhere near the golden days of the mid-2000s boom, interest is definitely there. Offering confirmation, The [...]…

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