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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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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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