Las Vegas Commercial Real Estate

GlobeSt.com is reporting that USA Commercial Mortgage Company (d/b/a USACapital), a provider of short-term and permanent financing to homebuilders, commercial developers and apartment owners, has reached an agreement with USA Investment Partners LLC regarding its $58.4-million obligation to USA Commercial Mortgage. The company has filed a motion seeking approval of the agreement by the nankruptcy […]

According to a recent reviewjournal.com article, a S&P report finds that the five-year, $20 billion building boom under way on the Strip will roughly double the high-end inventory of rooms costing $200 a night or more.
The S&P also hazards a guess as to which projects they say will go boom and which will […]

The NAR reported this week that healthy demand for space was driving commercial real estate markets .
David Lereah, NAR’s chief economist, said fundamentals are improving with tightening vacancies. “Rent growth in commercial space is gaining traction, although there is some softness in part of the retail sector,” he said. “Commercial real estate […]

As a developer or property owner, how would it sound to save some significant money while doing your part for the environment? Wouldn’t sound like a bad deal, would it? Well, that’s exactly what you can do by building and maintaining buildings that are energy efficient.
Energy represents the single largest and most controllable […]

The Las Vegas Sun is reporting that the federal Bureau of Land Management (BLM) is bypassing the public land auction process to sell a three-quarter-acre vacant lot to developer Randy Black Jr. Additionally, an appraisal used 16 months ago, valuing the land at $546,900, will be used instead of a current appraisal which […]