Las Vegas Commercial Real Estate

Applied Analysis is reporting that the retail average asking rents were $1.75 per square foot triple-net in the first quarter. This is a $.06 increase over the previous quarter and $.13 higher than a year ago. While some experts view the current marketplace as supply constrained, this is expected to change with […]

The owner of the Las Vegas Premium Outlet Mall is planning to expand the mall by at least 20%. Chelsea Property Group will add 100,000 square feet to the current outlet center. The addition will make it one of the biggest in the country. Currently, the mall is 435,000 square feet […]

A recent article in the National Real Estate Investor suggests that foreign investment in U.S. real estate is rising. According to real estate research firm, Real Capital Analytics, foreigners bought $2.1 billion in retail product in 2003. This was up a whopping 182% from $746 million in 2002 and $247 million in […]

Trying to find backing to fund your high-rise condo or hotel project can prove challenging, particularly when most lenders are unwilling to provide a construction loan until 75 percent or more of the project is under hard contract. Even then, construction loans underwrite only about 70 percent of the total building costs. That […]

Located approximately 10 miles west of the Strip in the community of Summerlin is the ultra-extravagant, $925-million Red Rock development which is scheduled to open tomorrow.
Adorned with some three million Swarovski crystals, the 68-acre resort opens with about 400 of its planned 850 guest rooms, a 25,000-sf “adventure” spa, nine restaurants, a […]