Las Vegas Commercial Real Estate

A recent article called “Abundance of land-use cases worth following” examines several land use cases recently decided in the Las Vegas and Nevada court system. Developers, engineers, architects and builders may soon feel the impact of those decisions which touch upon everything from eminent domain, land usage, and zoning.
One potential area that developers […]

This week, California based Cal-Bay International completed their deal to aquire a 54 single-family home residential property portfolio in Las Vegas for $24.5 million. The portfolio of single family homes is approximately 91% leased. The homes are primarily located on the southwest side of Las Vegas and are mostly under 5 years […]

Israeli-based Property and Building Corp. has announced plans to build a $400M commerical center in Las Vegas. The subsidiary of IDB Development Corp. released a statement today revealing the scope of the project.
The development will be 70,000 square meters of which 45,000 square metres are for commercial use and 25,000 square […]

Texas-based developer Christopher Milam has “tall” plans for the property which once housed the now defunct Wet N Wild. He wants to build a 142-story, 1,888-foot-tall hotel tower. If built, it would become the tallest building in the Western Hemisphere and the tallest hotel tower in the world bypassing the Stratosphere Casino […]

A report by Deutsche Bank says McCarran International Airport won’t be able to handle the flood of flying visitors anticipated by hotel operators planning massive new resorts as early as 2010. The report further speculates that if hotel development continues at its current pace, Las Vegas resorts could face a shortfall of up to […]