Las Vegas
Doors Open at WestCorp Management Group’s New 308-Unit Apartment Community
WestCorp Management Group announced the official grand opening of its newest apartment community in Southern Nevada.
TODAY’S DEALS: Bascom, Oaktree Close Seventh Acquisition with Nevada Buy
Bascom bets on a recovering Las Vegas market; Milestone Apartments REIT grabs 303 units in Orlando; and Mortgage Equicap arranges a construction loan for an 80-unit building.
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.
MGM Resorts Plans $86M Expansion of Mandalay Bay Convention Center
Mandalay Bay Resort and Casino has announced plans to expand its Convention Center in a bid to answer the growing demand for meeting space in the city of Las Vegas. Announced plans for the facility would bring the total amount of available convention space at Mandalay Bay to over two million square feet. The cost of the new developments will cost an estimated $66 million.
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 Sun reports that the new […]
Henderson’s Vantage Lofts Gets $15M Restart; Ryland Homes Debuts
By Alex Girda, Associate Editor A stalled 20-acre residential development is getting new life after its acquisition by Rothwell Gornt Cos., a venture capital fund. Recently acquired out of bankruptcy, the Vantage Lofts development is set to resume construction and is slated for completion in the next six to nine months, the Las Vegas Review-Journal […]
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