Jim Stuart , the insightful real estate developer who liquidated his holdings in Las Vegas in 2007 ahead of the Great Recession, has some advice for marketplace — there’s a great opportunity to attract businesses with an image change and building the next generation of offices.
San Diego-based Tower 16 Capital Partners, in a joint venture with Henley Investments, has acquired Five89 Apartments, a 312-unit multifamily project for $32.5 million. The property was acquired on an off-market basis from a private seller.
The Greater Las Vegas Association of Realtors (GLVAR) announced the results of its annual election of officers and board members, with local Realtors Tom Blanchard serving as its 2020 president and Aldo Martinez serving as 2020 president-elect.
California-based American Homes 4 Rent, which has already acquired, renovated and leased single-family homes in Las Vegas, has made its first move to what it has also done in some other markets — build single-family homes to rent like it has in 14 other markets.
Ascaya, the hillside development in Henderson, turned into a closed course to demonstrate the latest luxury sports utility vehicles that will be showcased in an upcoming issue of a national luxury lifestyle magazine.
High-rise sales are down in 2019 as buyers look to the home market, but a unit at the Waldorf Astoria fetched the highest price in 2½ years.
The proximity to outdoor recreation areas has helped fuel home buying in the northwest valley that in turn has created a built-in audience that’s spurring expansion and improvements in the resort industry in the nearby mountains.
On behalf of Haven Realty Capital, Cushman Wakefield completed the sale of Mountain Vista to an undisclosed buyer for $17.75 million.