Las Vegas

Event

Construction Industry Steps Up to Address Labor Shortage

Kelsi Maree Borland |

The labor shortage in construction is one of the biggest drivers of construction costs, and NKBA is recruiting the next generation to help close the gap.

News

Colony Industrial Expands NJ and NV Warehouse Space by 695K SF

Steve Lubetkin |

With these transactions, Colony adds 694,962 square feet to its industrial portfolio in two key major metro markets.

Live-Work-Play Lifestyle Emerges in Las Vegas

Kelsi Maree Borland |

Matter Real Estate Group is building Uncommons, a live-work-play mixed-use property that will become the first live-work-play community in Las Vegas.

Data Center Demand Reaches Record Levels in the West

Kelsi Maree Borland |

From Los Angeles to Phoenix and Las Vegas, data center demand seems to be rising everywhere—but how do the markets stack up?

News

MG Properties Group Pays $52M for Nevada Multifamily

John Jordan |

The deal for the 23-building complex calculates out to $280,978 per unit, according to Marcus & Millichap, which announced the transaction. The property, which was constructed in 2006, was sold free and clear of existing debt.

Retail Market Heats Up in Las Vegas

Kelsi Maree Borland |

Two national chains scoop up land parcels in Las Vegas at strong 3.7% and 4.1% cap rates.

Investors Find Challenges Placing Money in Las Vegas

Kelsi Maree Borland |

The market quickly became a hotspot for multifamily investment last year, but increased competition has compressed cap rates.

Secondary Self-Storage Investment Will Stay Hot in 2019

Kelsi Maree Borland |

Las Vegas and the Inland Empire will continue to see ample capital chasing deals in 2019, while Phoenix could start to cool off.

Economic Growth, Affordability Drive Las Vegas Multifamily Market

Kelsi Maree Borland |

The economic growth and diversity paired with affordability is a winning combination for multifamily investors.

Proceed With Caution in Secondary Market Self-Storage

Kelsi Maree Borland |

The multifamily market activity in Western US secondary markets, like Las Vegas and Phoenix, has sparked self-storage market growth—but it could be outpacing demand.