Cameron Glinton of LOGIC Commercial Real Estate (Logic) has announced the sale of Hacienda Heights, a 216-unit apartment building in the southeast submarket built in 2008. Logic represented the seller, DK Nellis LLC and procured the buyer, Oak Residential Partners (Oak) of Deerfield, Illinois. The property closed at $33,75 million, which was $175 per square foot, and $156,250 per unit. Logic was engaged to identify a qualified buyer who was familiar with the market and asset to enact a successful close.
Las Vegas has yet to fully recover from the housing downturn a decade ago, and its homeownership rate remains well below the national average with the exception of Hispanics and millennials.
For Tanasha Pettigrew, serving as a Realtor for athletes is more than just helping them buy and sell real estate.
The relocation of the Oakland Raiders to Las Vegas in 2020 and future prospects of landing other professional franchises has Realtors salivating about the opportunities to represent athletes in the purchase of multimillion dollar homes and homeowners selling theirs to them.
Northcap Commercial has announced the sale of the Desert Inn Apartments for $2.7 million ($75,000/unit). This sale consisted of 36 multifamily units built in 1963, at 1075, 1089, 1107, and 1121 E. Desert Inn Road. This transaction closed on Oct. 23. Northcap Multifamily represented the seller, Blue Elephant LLLP.
Property Brothers Drew and Jonathan Scott are searching the Las Vegas Valley for homes that are diamonds in the rough: beloved properties with good bones the brothers can transform into the homeowner’s “forever home.”
When it comes to luxury homes in Las Vegas, it’s not just about the great room, master bedroom or even the pool. For some, it’s all about the garage.
Designed without limitations, the first Dream Home by Scott Living is taking shape in the MacDonald Highlands community.
Arizona-based homebuilder Taylor Morrison with an eye on entering Las Vegas market has acquired William Lyon Homes and will become the fifth largest builder in the nation.