Berkshire Hathaway HomeServices Nevada, Arizona and California Properties has promoted its general manager Troy Reierson to CEO. Mark Stark, who has been with the company since 1985 and been its CEO since 1997, has become its chairman.
Captivating boaters and lake-goers for years, Crystal Pointe Estate serves as a striking landmark on the shores of Lake Tahoe’s Crystal Bay.
A report released Wednesday by Las Vegas Realtors offers more proof the local housing market is cooling off after a long hot streak of record prices and strong sales.
A Summit Club home that set the mark in October as the second highest sale in Las Vegas at $18.75 million has been sold again eight months later for $200,000 more than the owners paid.
Next Wave Investors LLC, a private equity firm focused on value-add multifamily investments, recently sold Spanish Oaks, a 216-unit garden-style multifamily community for $50 million after acquiring it for $28.5 million in February of last year.
“The home is a collection of personal spaces designed to enhance how we live. We like to cook, entertain and enjoy the communal approach to family gatherings and get-togethers,” Mark Clark said. “Missy is a great cook, hence the killer kitchen.”
The 6,729-square-foot property features five en suite bedrooms, six baths, office/gym, an upper-level bonus room and incredible finishes throughout including over 7,000 square feet of hand-laid white French limestone.
MG Properties, a private San Diego-based real estate investor, owner, and operator has acquired the 275-unit Verona Apartments in Henderson.
Avison Young has announced the Sauter Multifamily Group, comprised of principals Patrick Sauter, Art Carll-Tangora and Steve Nosrat, based in the firm’s Las Vegas office, closed the $126 million sale — $126,506 per unit — of Harbor Island Apartments at 370 E Harmon Ave. The buyer was Laguna Point Acquisitions, and the seller was 3D Investments.