Las Vegas

Shopoff Buys Development Site on Las Vegas Strip

Kelsi Maree Borland |

The investor will build a 450-room hotel and entertainment venue on the five-acre development site.

Features

Las Vegas Multifamily Lags Behind Prior Peak

Kelsi Maree Borland |

While multifamily is growing in Las Vegas, it is not growing at the same level it was a decade ago.

Features

Why Investors Are Eyeing Reno in 2020

Kelsi Maree Borland |

The market is a cheaper alternative for Nevada investors and it is showing significant growth potential.

Is Industrial Development Outpacing Demand in Las Vegas

Kelsi Maree Borland |

A new report from Colliers International shows that industrial net absorption has been decreasing since 2017.

Why Apartment Investors Expect Long-Term Growth in Las Vegas

Kelsi Maree Borland |

Next Wave has acquired its 10th apartment property in the market, a sign of the firm’s bullish outlook on the market.

Rare Retail on Las Vegas Strip Trades Hands

Kelsi Maree Borland |

There is ferocious investor appetite when retail products on the iconic Las Vegas Strip come to market.

News

Blackstone Buys Stake in MGM Grand, Mandalay Bay for $4.6B

Erika Morphy |

Together, the MGM Grand and Mandalay Bay comprise 9,743 rooms, three million square feet of meeting space and 300,000 square feet of casino space across 226 acres on the Las Vegas Strip.

Exclusive

What Short-Term Rental Lessons Can be Learned From US Cities?

Lisa Brown |

In the last 12 years, Airbnb has changed the travel industry and real estate market forever, and its IPO is perhaps the most anticipated offering of 2020, and yet, municipal lawmakers continue to battle about local STRs.

Brass Cap Development Buys Las Vegas Land Site

Kelsi Maree Borland |

The developer has acquired a 10-acre-site in West Henderson with plans to build a two-building industrial property.

Cantor Fitzgerald, Silverstein Properties Buy Opportunity Zone Deal in Las Vegas

Kelsi Maree Borland |

The joint venture buys a four-story apartment development on nearly 10 acres that will feature 334 one- and two-bedroom units.