Nevada
1,800 Companies Left California in a Year, Texas Remains Top Destination
A new study shows that 1,800 companies left California in 2016, the most recent year figures were available. The main… Read more
CushWake Expands Healthcare Advisory Practice with Trio of Leaders
Cushman & Wakefield expanded its Healthcare Advisory Practice with three new additions. Joining the firm are Chris Barnet, Melissa Horta… Read more
Workforce Housing Well Positioned to Outperform Market, CBRE Analysis Finds
Strong market fundamentals are attracting a wide variety of investors to workforce housing, creating good returns and helping to preserve… Read more
Yardi Matrix Reports Cooling Multifamily Market No Cause for Alarm
Despite an expected seasonal decline, the U.S. multifamily market has enjoyed a solid year in 2018. Rents fell by $2… Read more
Bellwether Closes $121M in Loans for Industrial Portfolio, Retail Property
Bellwether Enterprise Real Estate Capital LLC closed $121 million in loans for two deals. One involved a multi-state industrial portfolio with… Read more
Tower 16 Lands Las Vegas MF, Plans Renovation
Carlsbad, CA-based Tower 16 Capital Partners, in a joint venture with Henley USA, acquired Evergreen Apartments, a 314-unit, multifamily project… Read more
Cotton Citizen Inks SoHo Deal for First NYC Store
RFR Realty has arranged a lease agreement with Cotton Citizen at 11 Howard St., a 207-key boutique hotel in SoHo.… Read more
Google Building $600M Data Center in Nevada
Google plans to build a $600-million data center in Henderson, NV. The 64-acre site on Warm Springs Road, west of… Read more
Starlight Secures $800M in Financing for 23-Property Multi-State MF Portfolio
HFF secured financing totaling $800.45 million for Toronto-based Starlight Investments’ 23-property multifamily portfolio consisting of 7,289 units across eight states.… Read more
Coming to the Desert: Blockchain Utopia
Cryptocurrency millionaire Jeffrey Berns unveiled an audacious plan to build a utopian community on 67,000 acres in the Nevada desert.… Read more
Las Vegas Retail Center Trades for $59M
Tropicana Beltway Shopping Center, a 617,821-square-foot dual grocery-anchored community shopping center in Las Vegas, was sold for $59 million. The… Read more
It’s NOT the Economy, Stupid
Healthcare has emerged as the top issue for voters headed into the midterm elections, outranking both the economy and gun… Read more
MedMen to Acquire PharmaCann for $682M
Los Angeles-based MedMen Enterprises Inc. is acquiring Chicago-based PharmaCann LLC in an all-stock transaction valued at $682 million. It is… Read more
Cannabis Retailer Names former Walmart Exec as COO
Cannabis retailer MedMen Enterprises Inc. hired Ben Cook, a former executive with Walmart Inc. and Apple Inc. as chief operating… Read more
Average U.S. Rent Drops in September, Overall MF Outlook Remains Bright
September 2018 marked the first time in eight months that U.S. multifamily rents did not increase. The $1,412 national average… Read more
Tower 16 Capital Partners Acquires Third MF in Las Vegas
San Diego-based Tower 16 Capital Partners, in a joint venture with Henley USA, acquired Cornerstone Crossing Apartments, a 540-unit multifamily project… Read more
Meek’s Lumber Completes 41-Property, 4-State Sale-Leaseback
A portfolio of 41 mission-critical, distribution centers and commercial assets was sold and leased back by Meek’s Lumber and Hardware.… Read more
TruAmerica Multifamily Expands Vegas Portfolio
TruAmerica Multifamily acquired two apartment communities in Las Vegas totaling 504 units from Acacia Capital for $77.2 million. With the… Read more
Kidder Mathews Completes Nevada’s Largest Spec Project Lease
S&S Activewear signed an 802,113-square-foot lease for an industrial facility at North Valleys Commerce Center in Reno, NV. It is… Read more