Las Vegas Commercial Real Estate

Deciding to take out a loan to cover a real estate purchase, regardless of whether it is a $500,000 residence or a $15M office building, is a major, often ulcer-inducing experience for many. For all the discomfort and worry though, there are several benefits to taking out a commerical real estate loan including:
Interest on […]

Lighthouse Apartments LLC sold Villas at Painted Desert, a 240-unit apartment complex, to VPD1 LLC for $20.4M. That breaks down to approximately $85,000 per unit. Built in 1980, the three-story comlex totals 197,208 square feet and sits on a 7.9-acre parcel of land. At the time of sale, the cap […]

Colliers International reported that the demand for industrial real estate remains steady in the third quarter of 2006. Third quarter absorption fell below the 50.0 msf threshold with occupied space increasing by 48.4 msf, compared with 50.3 msf during Q2 and 61.3 msf during the year-ago quarter.
At the end of September 2006, […]

BridgePoint Venture provides negotiated preconstruction real estate opportunities by leveraging relationships and using volume purchasing. The company offers its partners preconstruction contracts with favorable terms seldom available to the general public.
The benefit of this option is that developers are able to avoid the delay in construction caused by requirements […]

Wickes Furniture has announced its intentions to expand into the Las Vegas market starting in the middle of 2007. CEO John Disa acknowledged that he has selected two locations for stores and is looking for a third based on a criteria of high traffic count, visibility and accessibility. The stores will be 40,000 to […]