From the conversion of offices into condos and the growing prospect of the sale of the Hughes Center by the end of the summer, there’s a lot going on in commercial real estate in Las Vegas to start 2026.
The Southern Nevada Regional Housing Authority approved the official naming of two new housing communities at its Jan. 15 board meeting. The Duncan and Edwards community at 5901 W. Duncan Drive was officially named Beals-Henderson Pointe in honor of community organizers Alversa Beals and Essie Henderson. The 28th and Sunrise community, located at 2601 Sunrise Ave., was officially named Gholson Landing in honor of former deputy executive director of the Las Vegas Housing Authority, Thomas Gholson.
The Las Vegas high-rise condo market in 2025 recorded its fewest number of sales since the start of the pandemic in 2020. Still, more new condos are on the way in Henderson and downtown Las Vegas.
Building through the current economic cycle was the focus of NAIOP Southern Nevada’s monthly breakfast meeting.
Nevada Health Bioscience Corp. marked a major milestone in the development of the NHBC Academic Laboratory with a ceremonial topping out, hosted by Whiting-Turner, celebrating the construction team’s placement of the final structural steel beam and the project’s transition from groundwork to a fully vertical structure.
The PENTA Building Group successfully wrapped its 19th annual Safety Kick-Off, a multi-city initiative dedicated to industry excellence. The tour engaged thousands of construction experts and hosted a wide array of safety vendors.
Lennar retained the top spot among builders in 2025 that saw all companies except for Toll Brothers record a decrease; but signs are hopeful for an upturn in 2026 as builders ramped up their permits to close out the year.
Led by Cadence in east Henderson at No. 3, Las Vegas had four master-planned communities ranked in the top 50 of the nation, including another top 10 showing for Summerlin.
Nevada Rural Housing, in partnership with the Nevada Housing Coalition, announced its Keys to the Missing Middle Homeownership Education Program, a statewide initiative designed to help Nevada households prepare for and sustain successful homeownership.