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Real Estate

Foreign investment dollars flow into Strip projects

The number of foreign investment dollars heading to the Las Vegas Strip has been on the rise in recent years. Capital supply chains from across the globe have headed toward projects like the SLS, which is helping revitalize the north end of the resort corridor, and have brought investments reaching into the billions on megaprojects such as City Center.

REAL ESTATE BRIEFS

The Greater Las Vegas Association of Realtors’ recent housing market analysis reported a jump in the median home price for an existing single-family home in the valley. Leadership at the agency said the increase in January is a rare occurrence.

DEAL WATCH

SALES OF SIGNIFICANCE • Pathfinder Partners purchased the 89-unit Tierra Bella apartment community at 10620 Alexander Road fro $12.5 million from Willows at Lone Mountain West LLC .

NAIOP event hosts national, local experts

NAIOP Southern Nevada — a commercial construction trade group — hosted national and local experts to speak about real estate in Las Vegas and across the U.S., along with the potential for upcoming changes in regulation and infrastructure projects.