Coldwell Banker Premier Realty

“Is the market still struggling?”  If we had a nickel for every time that question was asked, we could….go buy a piece of real estate.  The answer to that question is a resounding, “no!”   The Las Vegas real estate market has been resurging for the last three years or more with strong sales, a drastic decrease in distressed inventory and steady home price gains in both the residential and the commercial markets.  This trend is not stopping any time soon and is ... read more
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Hospitality Cosmopolitan $1,730,000,000 1,000,807 sq.ft 2,995 room hotel and casino Purchased by Blackstone Group from Deutsche Bank Downtown Summerlin Fashion, dining and entertainment 1.6 million sq.ft Shopping opened 2014 Multifamily, hotel The Linq The Linq Promenade includes dining, shopping and entertainment, with a 550-foot observation wheel Hotel is 2,640 rooms Casino is 118,000 sq.ft The observation wheel, called the High Roller, opened in March 2014 Grand Bazaar... read more
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Why Would Anyone Want to Live in Las Vegas, NV?

Pros About Living in or Moving to Las Vegas, NV
Posted by Jesse Olive on March 02, 2015 in  Downtown Summerlin  Las Vegas
There are many more pros than cons when it comes to living in Las Vegas, NV.  So, the better question may be, why WOULDN'T anybody want to live in Las, Vegas, NV? Regardless, we are going to discuss the positives. Fair warning, "Sin-City" did not make the cut this year.  There is something for almost everyone in Las Vegas, NV if not very close by which makes for another pro about living in Las Vegas, NV. Here is a rundown of some of the top reasons to live in Las Vegas, NV.  Affordability. With n... read more
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Commercial Real Estate Briefing

Improving Conditions
Posted by John McClelland on October 23, 2014 in  Downtown Summerlin  Howard Hughes  Industrial  Las Vegas Commercial Real Estate  Prologis
Each sector of the commercial real estate market was severely impacted by the recession and it has been a long grind from the bottom. Things have improved substantially since, with some recent noteworthy improvements in occupancy rates and some bumps in asking rents. In addition, supporting fundamentals look far better than just a short time ago. As a result some end-users and investors are again interested in the local market and we have observed a lot of convexity in price, although some prices remain below repla... read more
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Real Estate Investment and Development Update

Investors Choose to hold onto properties. Las Vegas evolves to suit the generations
Posted by John McClelland on May 22, 2014 in  Downtown Summerlin  Las Vegas Nightlife  las vegas real estate  real estate investors
InvestorsA few quick updates for followers of the Las Vegas real estate scene and real estate in general:A recent Wall Street Journal article noted that investors who bought homes in the past couple of years have largely decided to hold their properties and enjoy cash flow (Housing Investors Settle into a Holding Pattern, May 20,2014). Instead of treating this as a big trade, buying distressed homes or relatively undervalued homes and selling them after the price increases many cities had experienced in the past co... read more
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