Real estate merchant banking firm Dekel Capital has secured $35 million in debt and equity on behalf of real estate investment firm Moonwater Capital for its acquisition of the NV Energy Pearson Building, a 262,000-square-foot corporate headquarters building in Las Vegas.
The president of Resorts World Las Vegas paid $1.33 million in June for a home in Reverence Heights in Summerlin.
Summerlin, the west valley’s master plan, is celebrating its 30th anniversary this year. Despite the COVID-19 crisis, it has retained its No. 4 spot in a recent national report that ranked master-planned communities for the midyear. It had 642 sales, down from 675 in 2019, a decline of 5 percent.
A Las Vegas philanthropist sold her condo at One Queensridge Place for $4 million, marking the top sale during the first half of 2020 in the high-rise market.
Las Vegas came under the global real estate spotlight in July with two high-profile listings of former gaming executives whose homes define class and luxury in Southern Nevada.
NAIOP Southern Nevada, an organization representing commercial real estate developers, owners and related professionals in office, industrial, retail and mixed-use real estate, held its 23rd annual NAIOP Spotlight Awards in a June 25 virtual awards ceremony.
Devin Lee , CCIM, and Montana Giesbrecht of Access Commercial Mortgage have announced the recent financing of Pair-A-Dice Mobile Home Park for $3,200,000. This property consisted of 137 mobile home units in an Opportunity Zone at 2067 N. Las Vegas Blvd. in North Las Vegas. This transaction closed on June 19. Access Commercial Mortgage represented the buyer, Espinoza Ruano LLC Koala Apartments LLC, on this transaction.
Former Major League Baseball player Aaron Rowand sold his Summerlin home he built in 2011 in The Ridges for $5.5 million, but a Chinese investor led the way in the second quarter paying $5.88 million for the Queensridge estate of Realtor Tom Love who served as his own agent.
A report released today, July 7, by Las Vegas Realtors (LVR) shows local home prices breaking their all-time record despite the coronavirus pandemic and economic downturn, though fewer homes are selling compared to the same time last year.