Las Vegas and Southern Nevada had a record 218 luxury resales in April, led by a $9 million sale, and a high-profile $3 million purchase in Summerlin by the daughter of the late Los Angeles Lakers owner Jerry Buss.
Led by a $6.5 million cash sale of a penthouse at Turnberry Place on May 5, Las Vegas had its most-ever highrise resales to start the year.
A recent Las Vegas Realtors report shows local home prices continuing to climb while sales are starting to decline.
A $900 million luxury resort-style condominium project within the private guard-gated MacDonald Highlands is on track to begin site work in early June after the Henderson City Council gave the green light.
Buoyed by buyers looking for more open space in the pandemic era, Taylor Morrison has doubled down in Lake Las Vegas and purchased 122 acres over a span of six months and will open three new communities with 435 home sites in late 2022 and early 2023.
Flooring is more than merely covering the floor. It is a vital design element in any luxury home, setting the tone, style and mood — influencing the way the home is experienced.
Cushman Wakefield has advised on the sale of The Lennox, a luxury apartment community in Las Vegas, Nevada. Constructed in 2015, the 100-unit “A” class multifamily asset is located at 430 E Cactus Road and sold to an undisclosed buyer for $38.5 million, or $385,000 per unit.
The new-home luxury market, led by demand for uber high-end estates, continues its strong run in Las Vegas and shows no signs of slowing in 2022 despite rising prices and mortgage rates that could be felt by the industry as a whole.