Las Vegas Commercial Real Estate

By all reports, we continue to see signs of a slow down in the housing market. Drops in the housing starts, sales, and now, rental markets are all indicators that the real estate boom may be tempering.
In 2005, rent levels in many cities have continued to be either flat or in decline. […]

CoStar Group Inc. has launched the CoStar Commercial MLS, the country’s biggest available collection of researched and verified commercial for-sale property listings. More than 85,000 for-sale listings are searchable via search criteria such as price, asset type, location, age, vacancy, cap rate, and time on market.
CoStar President and CEO Andrew Florance stated, “Unlike Internet […]

Patriot Equities will acquire, operate, and invest in all forms of corporate real estate property types throughout North America, including office, industrial, lab/R&D, and land.
It is estimated that $3 trillion, or 65% of all real estate in the U.S. is owned by corporate America. Geoff Gardner, Principal of Patriot Equities, believes his […]

Kickbacks and payoffs among real estate agents, title and escrow companies, lawyers and mortgage lenders for referrals on home buyers’ mortgages or closing services aren’t openly discussed, but they do exist. And, the government is backing an aggressive campaign to stamp out illegal referral-fee schemes. At the end of November, HUD had completed […]

Project CityCenter, which promises to be Nevada’s largest mega-resort, may hold one additional distinction….biggest single energy user. The $5 billion, 66-acre complex is expected to consume 130 MW when completed, and is said to require approximately five to six times the load of a large Strip hotel casino. The complex will account for […]