Las Vegas
Industrial’s Top Markets by the Numbers
For net absorption, California’s Inland Empire represents an unassailable peak among U.S. industrial markets, in terms of both fourth-quarter and… Read more
Las Vegas Dream Set for South Strip Development
A joint venture of Shopoff Realty Investments and Contour has acquired a 5.25-acre opportunity zone development site for a reported… Read more
Blackstone JV Closes on $4.6B Deal for MGM Grand, Mandalay Bay
MGM Resorts International, MGM Growth Properties (MGP) and Blackstone Real Estate Income Trust (BREIT) closed on their previously announced transaction… Read more
Single-Asset and Portfolio Sales Set Record as Entity-Level Deals Plummet
Fourth-quarter commercial property sales of single assets and portfolios totaled $150.7 billion, the highest quarterly total of such deals on… Read more
U.S. Multifamily Acquisitions Hit Record Highs
U.S. multifamily acquisitions rose by 4.4% last year to $184 billion, the highest volume since Real Capital Analytics began tracking… Read more
Logic’s Wainwright on What’s Driving Southern Nevada Office Market
By Dennis Kaiser Logic Commercial Real Estate’s recent expansion of its Las Vegas brokerage team entailed the addition of Natalie… Read more
Blackstone-Sponsored JV to Pay $4.6B for MGM Grand and Mandalay Bay
Blackstone Real Estate Income Trust (BREIT) and MGM Growth Properties LLC (MGP) formed a joint venture to acquire the real… Read more
Examining Supply’s Effect on U.S. Self Storage Industry
New supply is continuing to depress U.S. self storage street rates, which dropped in around 75% of the top U.S.… Read more
NKF Brokers Sale of Las Vegas Multifamily
A Las Vegas-based Newmark Knight Frank (NKF) multifamily investment sales specialist team of Angela Bates, Curt Allsop and Vittal Ram… Read more
Natalie Wainwright Joins Logic in Las Vegas to Lead Office Tenant Rep Division
Logic Commercial Real Estate expanded its Las Vegas brokerage team with the addition of Natalie Wainwright, who joins the firm… Read more
Service Properties Trust Sells Red Rock Resorts HQ for $57M
Service Properties Trust has sold the Red Rock Resorts, Inc. headquarters to an undisclosed buyer for $57M. JLL Capital Markets… Read more
U.S. Multifamily Wraps Up a Strong 2019
The U.S. multifamily sector continues strong, and wrapped up a healthy 2019 with continued rent growth and robust unit absorption,… Read more
Walgreens, UnitedHealth Partner on Medicare Centers
UnitedHealthcare®, the health benefits business of UnitedHealth Group, and Walgreens will open 14 UnitedHealthcare Medicare services centers within Walgreens stores… Read more
CREXi Completes $63M Las Vegas Portfolio Auction
Marina Del Rey, CA-based CREXi concluded the online auction of 11 properties on behalf of Clark County, NV. Bidders in… Read more
Trends in Seniors Housing: What’s Working and Where?
Recent seniors housing data is giving industry leaders hope that the market will stabilize soon. Though the occupancy rate decreased… Read more
Elon Musk’s Boring Company Breaks Ground on Las Vegas Tunnel Project
The Boring Company broke ground on its Las Vegas tunnel that connects the city’s convention center to sites across Sin… Read more
Comparing U.S. Office Growth in CBDs, Urban and Suburban Markets
By Dennis Kaiser The U.S. office footprint has expanded over the past decade, revealing a host of intriguing trends. A… Read more
Land Acquired for $7.5B Energy-Efficient Mini-City in Las Vegas
The developers of Bleutech Park secured a parcel of land at the south end of the Las Vegas Strip for… Read more
Women in Real Estate 2019: Mosaic Real Estate Investors’ Vicky Schiff CRE Geek & Serial Equity Entrepreneur
Vicky Schiff co-founded Mosaic Real Estate Investors in Calabasas, CA, and took a financial and professional risk in doing so.… Read more