Las Vegas Commercial Real Estate

In Business Las Vegas recently interviewed John Restrepo, principal of Restrepo Consulting Group LLC. He has been tracking the Las Vegas Valley’s growth and the nuances of its various real estate markets for almost two decades.
One of the questions asked focused on where he saw LV evolving to in the next 10 […]

There are always good deals and it doesn’t matter if you are in the hot or slow market. There are also great deals. What I consider as great deal? Something you can buy and sell immediately and make money. Something with hidden potential or positive cash-flow. I think all my commercial purchases in the […]

From a broad perspective, there are a few types of leases commonly found. Within these categories, leases may vary considerably.
Gross lease: The tenant pays a set amount of rent and the landlord is responsible for payment of taxes, insurance and other costs associated with owning the property.
Net lease: The tenant pays […]

Its being reported that the Riviera’s largest shareholder, D.E. Shaw Laminar Portfolios LLC, a New York company with 1.2 million shares, refuses to sign off on the proposed merger between Riviera Holdings of Las Vegas and Riv Acquisition Holdings Inc.
On Monday, D.E. Shaw Laminar announced that it would not support the deal because the $17 […]

The LV City Council recently gave its final approval to the Gateway Las Vegas project to move forward. The Gateway Las Vegas will be a 39-story tower that will include 236 condo units, 75 condo-hotel units, and a ground floor devoted to retail establishments.