Coldwell Banker Premier Realty

LAS VEGAS VALLEY HIGH-RISES LAS VEGAS HIGH RISE - Condominium Market While we see each high-rise project as a market unto itself, for brevity, we occasionally refer to the “market” for high-rises. The high-rise market is registering fairly flat sales rates, however pricing continues to ratchet higher in a majority of buildings. There are some notable performers. In the past couple of years, Downtown has had rather tight supply, with limited resale activity in Newport Lofts and Soho Lofts, both of w... 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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Las Vegas Rental Market and other news

short updates on Las Vegas
Posted by John McClelland on July 13, 2011 in  gaming revenue  office vacancy rates  real estate investment  rental housing
Some short bullet points on recent news: - Slot machine revenues have increased for three months. Reported gaming revenue in May showed a year-over-year increase (although baccarat accounted for much of this). -CNN Money ranked Las Vegas as a top city to purchase rental properties. Noting our obvious bias, we do agree with their assessment based on the strong rates of return we have been observing in the market and by our own clients.            ... read more
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