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.
Lake Las Vegas, Henderson’s only waterfront master-planned community, has partnered with the city of Henderson to ignite the night this Fourth of July at its annual lakeside firework display. Open to all residents and guests, the show will take place July 4 at 9 p.m. over the community’s 320-acre lake.
Boxing promoter and former boxing champion Oscar De La Hoya, known as The Golden Boy, has paid $14.6 million in cash for a home under construction in the luxury Henderson hillside community of MacDonald Highlands.
Even as local home prices continue to set records, a recent report released by Las Vegas Realtors suggests the hot housing market may be starting to shift.
The Las Vegas developer, who built the Las Vegas homes of one-time Los Angeles Laker Jordan Farmar and former Sacramento Kings and Palms co-owner Gavin Maloof, has completed a Southern Highlands spec home built for entertaining and is offering the buyer a Tesla worth up to $100,000.
Located at 334 Echo Road in the premiere Echo View subdivision of Mount Charleston, the cabin served as a relaxing getaway for Dr. Audrey Edwards and her husband, Dr. Larry Edwards, MD.
Southern Nevada homebuilders recorded their second-highest April for new-home sales over the last five years, but rising mortgage rates have slowed the momentum from the first quarter, especially with first-time homebuyers.
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.