Las Vegas Commercial Real Estate

The Chicago Mercantile Exchange plans to introduce cash-settled futures and options based on real-estate prices in 10 large cities including Las Vegas. The CME says the planned futures would be priced at the housing index level times $250. Exchanges are scrambling to unveil the housing-market derivatives as more signs point to an end of the [...]

The National Association of Realtors (NAR) announced today that they expect U.S. commercial real estate to perform well in the coming months. They point to job growth and a tightening supply of office space as the contributors. Additionally, in most markets, institutional investors appear to be more attracted to projects involving industrial and retail space. [...]

Federal regulators continue to express concern over the heavy load of commercial real estate loans that many banks are carrying, particularly small and mid-size banks. Regulators are tightening standards for commercial real estate lending and lenders are fighting them, particularly smaller banks that see real estate as one of their best chances to compete effectively [...]

A survey by the Commercial Real Estate Women Network (CREW) found that the number of women involved in the commercial side of the real estate business are on the rise. In the last five years, the number of women involved in some form of the commercial real estate field has risen from 32 percent to [...]

Everyone appears to REALLY want the Tropicana. The bidding war between Columbia-Sussex and Pinnacle seems to know no bound. As of last week, Columbia-Sussex raised its offer to $53/share, or approximately $2.64 billion. This tops Pinnacle’s last offer of $51/share. While these two may think they are getting a deal, many gaming and financial analysts [...]