Las Vegas Commercial Real Estate

A recent report from Applied Analysis indictes that the vacancy rate in the office market in Southern Nevada is climbing. That marks the fifth consecutive quarter that vacancies have increased and it looks like it will continue. According to Brian Gordon, a principal of Applied Analysis, “While the office market’s performance during […]

Score another for one of the world’s largest commerical real estate companies. GE Capital recently completed its $2.2B acquisition of a 147-property portfolio from Crow Holdings. The properties are located throughout the U.S. and are comprised of 112 industrial buildings (9.3 million square feet), 19retail centers (3.6 million square feet), 8 multi-family properties […]

Built in 2003, the 98-unit Willows at Lone Mountain apartment complex recently sold to an investor for $13.08M, or $133,500 per unit. It sold with a 5.75% cap rate. The two-story, 101,660 square foot complex sits on 4.7 acres and is comprised of 16 one-bed/one-bath units, 50 two-bed/two-bath units, and […]

Fountain Park office complex. Located on Eastern between Desert Inn & Flamingo.
Nice office with small kitchen and restroom. Reception area, bull pen, 2 private offices. One covered parking space. Plenty of uncovered parking space. Tenant pays lease, utilities, cleaning… Signage available in front of the office. One of the few month-to-month leases available! Perfect […]

A few years back, many investors were scrambling to back condo-conversion projects across the U.S. Like in Las Vegas, several other communities such as Washington, D.C., Boston, Scottsdale, Miami-Dade, Broward and Palm Beach saw a boom in condo conversions. So now that the market is “normalizing” what’s happening to the condo-conversion market?
As […]