Las Vegas Commercial Real Estate

I am really jealous after reading this article Henry Liebman. Founded in 1996 by Henry Liebman, a Seattle-based immigration lawyer, and Ray Klein, a Japanese-based businessman, American Life has raised over $200 million in the last several years through EB-5 visas to convert Seattle’s “old port” region from warehouses and old commercial buildings to new [...]

The Mortgage Bankers Association (MBA)) released its findings regarding mortgage debt levels. The level of commercial/multifamily mortgage debt outstanding grew by 2.5% in the first quarter, exceeding $3 trillion for the first time. This was an increase of $72.4 billion that the Federal Reserve reported for the fourth quarter 2006. Commercial banks continue to hold [...]

The retail strip center located at 7293 W Sahara Avenue and owned by Whitcombe Investment LLC has been sold. The buyer, PTI Investments LLC purchased the 15,000 square foot development for $7.25M, or approximately $484 per square foot. The building was completed in April of this year and is part of the Stone Canyon Professional [...]

The current decline in the housing market and the collapse of the subprime market has changed the face of the homeowner. As more and more foreclosures occur, lenders and investors like Citigroup, Morgan Stanley, Merrill Lynch, Lehman Brothers and JPMorgan Chase are becoming the new owners are large chunks for real estate across the country. [...]

Summit Global LLC has sold the property located at 2260 S. Rainbow Blvd. in the Rainbow Sahara Center. The buyer, Summitt Global LLC purchased it for $12.23 million, or about $117.50 per square foot. The general freestanding structure measures 104,282 square feet and sits on 7.76 acres. It was built in 1989. Summitt intends to [...]