Parq on Boulder, a brand-new luxury residential community developed by Morgan Stonehill, is now open and leasing in Henderson. Cushman Wakefield has been appointed as the exclusive property manager for the community, located at 6741 Boulder Highway.
Uber ultra-luxury activity has remained strong in Las Vegas as evidenced by the transactions. The most recent one closed July 11 for $25.25 million for a home in MacDonald Highlands.
On July 14, Rebuilding Together Southern Nevada (RTSNV) unveiled a newly built multi-unit property in North Las Vegas that will house Veteran service members. This project marks the launch of RTSNV’s new initiative focused on acquiring land and constructing and rehabilitating properties to create and preserve affordable housing for Veterans and other low-income residents.
A unique aspect of the listing is that owner, a local casino architect, offers to meet the incoming homebuyer to discuss, negotiate and develop a design that personalizes the home for them.
Commercial real estate (CRE) sentiment is subdued, and deal activity has cooled, but Blake J. Owens sees an attractive turning point. The 30-year-old Las Vegas native, whose family has lived in the city for over a century, is capitalizing on this moment to transform CRE through his two companies: Agrippa and Augustus.
Real estate has always been deeply tied to the identity of Las Vegas. It’s not just about structures or transactions. It’s about helping people plant roots, find belonging and shape their lives here. From the earliest settlers to the families moving in today, the story of this city has always included someone unlocking the front door to their first home.
A recent Las Vegas Realtors report shows the local housing inventory continuing to rise while home prices returned to their record high.
Jeremy Aguero, a principal at Applied Analysis, spoke last week to the Southern Nevada Home Builders Association about their support for a $250 million bill for attainable housing that was signed into law.
It was a slow sales season for high-rises with 148 closings, down from 168 in the first quarter of 2024 and 165 in the first quarter of 2023. It’s the fewest in the first quarter since there were 162 in January through March 2020, which marked the beginning of the pandemic closures in March.