Las Vegas
JV Secures $2.2B to Finish Las Vegas Hotel and Casino
A partnership between Fountainebleau Development and Koch Real Estate Investments has secured a $2.2-billion construction loan to complete Fontainebleau Las Vegas,… Read more
Posh Chelsea-Like Townhome Community on the Rise in Houston
Randall Davis Company is starting work on the London House, a mid-rise development overlooking the estates of River Oaks at… Read more
Capital Square Scores with Acquisition of Las Vegas Raiders HQ for $57M DST Raise
Richmond, VA-based Capital Square, a sponsor of tax-advantaged real estate investments and a developer of mixed-use multifamily communities, has acquired… Read more
Las Vegas Raiders Practice Facility/HQ Handed Off to Capital Square
Capital Square has acquired the Las Vegas Raiders’ training facility and corporate headquarters in Henderson, NV. Capital Square hopes to… Read more
Shuttered Las Vegas Casino to Become Public Sports Facility
The City of Henderson pulled the trigger on a land deal this week, spending $32 million to buy the former… Read more
Las Vegas Value-Add Rental Community Yields 162K/Unit
Sunstone Properties from California purchased the Sutton Place apartments in Las Vegas for $37 million from the Bridge Investment Group… Read more
Las Vegas Apartments on the Block Next to F1 Racing Venue
Less than six months ago, Laguna Point Properties acquired The Harmon at 370 (then known as Harbor Island Apartments), a… Read more
Las Vegas Mirage to Take on New Look
One of Las Vegas’ most iconic resort casinos, will soon take on a whole new look. The swanky Mirage will… Read more
Station Casinos Building New Resort/Casino in Las Vegas
Station Casinos is keeping busy on the land front in Southern Nevada. The casino chain purchased nearly 67 acres at… Read more
Banyan Enters Las Vegas Market with $61M BTR Acquisition
Los Angeles-based real estate investment firm Banyan Residential has acquired Banyan Brighton, a 133-unit, build-to-rent (BTR) luxury townhome community in… Read more
Vici Group Pays Blackstone $1.3B for Their Stake in Two LV Casino Properties
The biggest property owner on the Las Vegas Strip, just got bigger. Casino landlord Vici Properties is taking full ownership… Read more
Las Vegas BTR Community Changes Hands, Before its Done
Banyan Residential completed its $61 million purchase of Banyan Brighton, a 133-unit build-to-rent townhome community in Las Vegas, before all the… Read more
VICI to Acquire Blackstone Stake in Vegas’ MGM Grand, Mandalay Bay Resorts
(Updated with additional information) Blackstone Real Estate Income Trust, Inc. (BREIT) and VICI Properties Inc. said Thursday that VICI would… Read more
Las Vegas Retail and Medical Center Sells for Nearly $300/SF
Nellis Plaza, an 83,900 sf, retail shopping and medical center in Las Vegas, was acquired by Glen Una Management for… Read more
Six Fast-Growing Cities with Fast-Growing Retail
More than two years after the first COVID-induced lockdowns, occupancy of new retail assets is now at an all-time high,… Read more
Top Performing Las Vegas CRE Team Joins Colliers
Colliers announced the addition of Adam Malan, Deana Marcello, Areeba Moten, and Monica Vanyo to its brokerage services platform in… Read more
Las Vegas Value-Add Asset Upgrading to Premium
DB Capital Management closed on its first multifamily in Las Vegas, paying $64 mil for The Boulevard ($216,000/unit). The 296-unit… Read more
Howard Hughes Going Large in West Phoenix
The area west of Phoenix is exploding. Towns like Buckeye and Goodyear have seen double-digit year-to-year growth. The Phoenix area leads… Read more
Development Group to Build 15 Extended Stay Hotels in SW USA
Developer Concord Hospitality and private equity firm Whitman Peterson are partnering to build 15 Extended Stay America Premier Suites hotels.… Read more