Nevada
MJW Sells Michigan State Student Housing Portfolio
Los Angeles-based MJW Investments has announced the disposition of three student housing properties at Michigan State University, generating a 2.4x… Read more
Boring Company’s Vegas Strip Loop Nearing Final Approval
Casino operators have said above-road surface congestion is stymying growth opportunities at the ever popular venue. The newly drilled tunnels… Read more
Origin Cites Sun Belt Markets as Best for Multifamily Investment
Private equity real estate fund manager Origin Investments has released a report, Multifamily Markets to Watch, that cites Sun Belt… Read more
I-80 Gold Acquires Northern Nevada Land Parcels
Mining company i-80 Gold has purchased strategic land sections adjoining the firm’s Granite Creek property in Humboldt County, Nevada for… Read more
CapRock Partners Unloads Phase I, Starts Work on Phase II
CapRock Partners has sold the CapRock Tropical Logistics Phase 1, a North Las Vegas industrial site with 1.1 million square… Read more
VICI Finalizes $17B Acquisition of MGM Growth Properties
Experiential REIT VICI Properties Inc. has closed on its $17.2-billion acquisition of MGM Growth Properties (MGP), first announced last August.… Read more
Kennedy Wilson Closes on Three Mountain West Multifamily Communities
In the same announcement Kennedy Wilson (NYSE:KW) touted the purchase of three apartment complexes, the company said it was also… Read more
Rockefeller Group Closes First Las Vegas Deal
When it comes to Las Vegas, the Rockefeller Group is not thinking skyscrapers. The firm that developed the Rockefeller Center… Read more
Higher Investor Activity Anticipated Despite Headwinds
The Russia-Ukraine war, labor shortages, supply chain disruptions and inflation continue to drive headlines and commercial real estate investment intent.… Read more
Siegel Group in $75M Deal to Buy 10 Acres on Las Vegas Strip
Commercial real estate investment and management company The Siegel Group says it has acquired three parcels totaling approximately 10 acres… Read more
CoreLogic Home Price Index Soars 20% in February to Record High
Property information and analytics concern CoreLogic says its CoreLogic Home Price Index registered a 20% year-over-year advance in February to a… Read more
Oak View Group Plans $3B Entertainment District South of Vegas Strip
Oak View Group (OVG) plans a 2023 groundbreaking for a $3-billion entertainment district in Las Vegas, including an arena. The firm has… Read more
Reno Apartment Portfolio Garners $303M
Marcus & Millichap arranged the sale of The ERGS Portfolio, an eight-property multifamily portfolio in Reno, NV spanning a total… Read more
Las Vegas’ Medical District Sees Another Sale
Two stories and 80 percent leased, Shadow Professional Center in Las Vegas has sold for $8.6 million, according to Newmark,… Read more
CBRE IM Fund Acquires 64-Asset Self-Storage Portfolio
A fund sponsored by CBRE Investment Management (CBRE IM) has acquired a portfolio of 64 self-storage assets in 10 states across the… Read more
Cypress West Partners Adds Medical Offices to Portfolio Near Las Vegas
A four-building medical office/services portfolio near Las Vegas has moved from sale to sold in a recent $17.1 million deal.… Read more
Nitya Capital Closes Multi-City, Multifamily Property Deal Adding Properties in High-Growth US Markets
Houston-based Nitya Capital, a privately-owned real estate investment firm and operating company, announced an acquisition of 11 multi-family properties across… Read more
Chicago Bears Hire JLL to Help Prep Plans for New Suburban Stadium
The Chicago Bears NFL football team has hired an architect and consultant, as well as JLL, to prepare plans for… Read more
Avison Young Hires New SoCal Innovation, Insight Leader
Avison Young is adding to its roster of talent with Jerry Holdner joining its ranks as Southern California Region Lead,… Read more