Development - Las Vegas

GTIS Teams With Southern Land for Vegas Project
Situated within a 61-acre vacant site in the core of the city, the 324-unit community is GTIS’s first investment in an Opportunity Zone.
Market Rate
Top Multifamily Completions in Las Vegas
As rent growth remains among the strongest in the nation, developers are warming up to the metro’s suburban areas, expanding rental product in the area.
Luxury
Las Vegas Upscale Community Makes Debut
A joint venture subsidiary of TCI and Southern Properties Capital unveiled Abode at Red Rock, a 308-unit Class A apartment community in the Spring Valley area.
Luxury

  • Watt Cos., Schulman Properties Receive $41M Loan for Vegas Community

    The developers join the large roster of companies delivering new homes in Olympia Cos.' 2,750-acre, $200 million master-planned project in southwestern Las Vegas.

    14 November 2018 12:04

  • Henley, Tower 16 Launch Vegas Brand

    The partnership will acquire multiple multifamily assets in the coming months, targeting value-add opportunities and applying renovations under the Altura brand. The first property is slated to open this summer under the new name.

    11 April 2018 17:02

  • Partnership Debuts Affordable Housing Revamp in Vegas

    Community Development Partners and BLVD Capital have opened Baltimore Gardens and Cleveland Gardens, two communities totaling 201 units. All apartments are restricted to low-income households.

    27 March 2018 14:18

  • Pathfinder Completes Luxury Condos at Sky Las Vegas

    The 390,000-square-foot Sky offers 409 units with a mix of one-, two- and three-bedroom floorplans. The building is conveniently located on the Las Vegas Strip.

    27 June 2017 15:04

  • Top 10 Markets for Occupancy Growth

    Despite unfavorable conditions, certain areas are deviating from the national trend and have seen an increase. Here is a list of the 10 markets with the greatest year-over-year growth in occupancy as of April 2017.

    12 June 2017 15:33

  • Transcontinental Unveils Plans for $59M Sin City Project

    The company has announced its newest development, The Abode Red Rock Apartments, which will total 308 units.

    16 January 2017 14:36

  • $76M Student Housing Redevelopment Launched in Las Vegas

    The Midby Cos. is investing in a 10-year, three-phase student housing redevelopment project, U District, that will be located on the UNLV campus.

    01 April 2016 18:11

  • JV Bets on Apartment Community Near Reno

    PCCP provided a $28.2 million loan to Sunroad Enterprises, Security Properties and Loma Linda University to acquire and renovate a Class A apartment community in a Reno, Nev., submarket.

    07 March 2016 16:25

  • Presidio/Summit JV Shows Sixth Sense

    New Las Vegas community taking shape in Rural Neighborhood Preservation.

    25 November 2015 21:47

  • MGM Roars Again

    The entertainment capital of the world is about to become even more entertaining as MGM Resorts International has announced the development of a new 5,000-seat theater at Monte Carlo Resort and Casino.

    17 July 2015 22:08

  • Simon Wraps Expansion of Outlet Center

    Las Vegas North Premium Outlets recently opened the expansion of the shopping center. The center has added 25 new stores to its offering, becoming one of the largest properties of its kind in the entire country. Developer Simon Property Group officially unveiled the expansion and renovation project that has also added to the asset’s common areas and amenity package last week.

    26 May 2015 03:22

  • KB Home Rolls Out Plan for Latest Community

    On the back of a solid home buying month in the Las Vegas area, KB Home recently revealed its latest residential community in the area. The homebuilder announced the opening of Portola Hills in Henderson, one of the areas of the Las Vegas Valley that has been shouldering a lot of the development load during recent years. The homes that are set to be built at Portola Hills will be customizable to the buyer’s liking.

    17 April 2015 22:21

  • RY Properties Details Plans for Lake Las Vegas

    127 acres of land recently traded hands within the Lake Las Vegas community as developer RY Properties is the new owner of a large number of partially improved residential lots in the recovering communities. The $12.5 million deal was closed by The Hoffman Company, an entity that has been very active with land deals in 2014, a sign that investors are once again interested in the prospects offered up by the Las Vegas area.

    20 February 2015 22:37

  • Arena Team Names 1st Founding Partner

    The new Las Vegas Arena project headed by a partnership between AEG and MGM Resorts International has its first “Founding Partner”. The development team on the project that aims to bolster the amount of high-profile events that take place in Las Vegas has a new name joining. Schneider Electric is a global specialist in energy management, and has entered a formal, multi-year agreement with the Las Vegas Arena Company. The contract calls for the company to design, install and operate numerous tech systems throughout the arena.

    13 February 2015 16:31

  • Pulte, Woodside Sign On as Skye Canyon’s First Homebuilders

    This past summer, a number of dormant master-planned communities saw new life, as the city’s resurgence galvanized developer interest in the Las Vegas market once again. Skye Canyon has announced that two home builders have acquired land in the master-planned community, and are now set to carry out the first phase of the project. According to Olympia Companies, the two builders will take over a combined total of 80 acres of land. Skye Canyon is the first large-scale residential development project to break ground in the valley since the recession.

    18 December 2014 22:26

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