A report released Friday by Las Vegas Realtors shows local home prices passing the $400,000 mark for the first time while demand continues to outpace supply.
CBRE has secured a $35.25 million bridge loan for the acquisition of Atlas Apartment Homes, a 198-unit multifamily community in Las Vegas.
A buyer paid $17.5 million for a home in the Summit Club, which represents the highest per-square-foot price paid in Las Vegas for a single-family home.
Summerlin has started to accept submissions to its 2021 Summerlin Photography Competition, open to both professional and amateur photographers ages 18 and older. Submissions will be accepted through Sept. 9 under the Event section at Summerlin.com .
Basketball Hall of Famer and TNT NBA analyst Shaquille O’Neal, who has business ties in Las Vegas, has sold the home he bought in Southern Highlands pre-pandemic and turned around and paid nearly $2 million for a private 1-acre compound near Wayne Newton’s former estate in the southeast valley, according to the listing agent’s social media post.
A wealthy buyer with ties to California paid a record $36 million for 4.47 acres to build an estate in the Summit Club.
Five years after it started closing deals, the Summit Club in Summerlin — home to singer Celine Dion, Vegas Golden Knights owner Bill Foley and Raiders owner Mark Davis — has sold all but five of its 150 custom lots and announced plans to construct 20 additional condominiums after 29 of its 31 ultra-luxury units sold out.
Led by Summerlin at No. 3 and Inspirada’s rebound bolstered by the Raiders headquarters and development in west Henderson, Las Vegas placed five master-planned communities in the top 23 in the nation with sales up a combined 36 percent during the first six months of 2021.
Lake Tahoe’s luxury real estate is moving at unprecedented levels. For the first time in his 18-year history of selling real estate, Mike Dunn, a luxury listing agent with Chase International, is witnessing luxury homes selling within days.