A report released Thursday by Las Vegas Realtors shows local home prices setting another all-time record despite the coronavirus pandemic and economic downturn, with more homes selling in July than the same time last year.
D.R. Horton, which was No. 3 in new-home net sales after the first three months of 2020, vaulted to No 1 in the marketplace in the six-month rankings released by Las Vegas-based Home Builders Research.
Former NFL Pro Bowl quarterback and UNLV star Randall Cunningham has put one of his Las Vegas homes on the market and at least three more Raiders have bought homes in the valley and others have rented homes as the team opened its first training camp.
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.