Las Vegas Commercial Real Estate

According to a recent GlobeSt article, the industrial market in Las Vegas remains strong. The local market added over three million sf through the first half of the year and has already absorbed 2.3 million sf, keeping overall vacancy in the low single digits. For the near-future, the market is expected to continue to […]

Until recently, low mortgage rates and red-hot house price appreciation prompted many renters to become homeowners, keeping rents artificially low for the last few years. However, times are now changing as the residential real estate market slows. Some landlords are playing “catch-up”, while others are taking advantage of current factors driving the market.
Increase […]

Real Estate Partners Inc. recently sold a a multifamily portfolio of eight properties for $166 million. The company specializes in renovating and repositioning assets before selling. Their company strategy typically involves significantly upgrading the interiors of the MF units, renovating any exterior physical deficiencies and then improving the amenities. Once […]

Over the past few years, the commercial real estate market has remained strong. This was due in large part to banks, insurance companies and institutional investors funneling money into the market because its returns, low interest rates, and earnings exceeded alternative asset classes.
Experts are predicting that the market will remain strong, but not as […]

The demand for office space in the Valley is on the rise. However, the demand is being generated by industries and businesses that already have a presence here. Residential builders and gaming businessess that are looking to expand or consolidate their current operations are the main drivers in the market at this […]