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Home Sales and Prices Rise in Las Vegas

Home Sales and Prices Rise in Las Vegas

by Phil Hall | Aug 7, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Las Vegas market reported a total of 2,764 existing local homes, condos and townhomes were sold in July, according to data from Las Vegas Realtors (LVR). Compared to one year earlier, home sales were up 5.1% while condo and townhome sales were up 1.5%. By the end...
Las Vegas Shopping Center Sells in Foreclosure Purchase for $24.7 Million

Las Vegas Shopping Center Sells in Foreclosure Purchase for $24.7 Million

by Phil Hall | Jul 8, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The private equity real estate investment firm Aspen Real Estate announced its $24.7 million foreclosure purchase of the Las Vegas-based Renaissance III, which it described as underperforming shopping center. Located two miles from the University of Nevada-Las Vegas,...
Real Estate Investor Fights $180K Fine for Illegal Airbnb at Las Vegas Property

Real Estate Investor Fights $180K Fine for Illegal Airbnb at Las Vegas Property

by Phil Hall | Jun 17, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A real estate investor was who was fined $180,000 by the City of Las Vegas for having an unauthorized Airbnb at his property is blaming his tenant for running afoul of local laws and berating the local authorities for not informing him of this problem earlier....
Alexandria Keser Named Managing Director at Bear Real Estate Advisors

Alexandria Keser Named Managing Director at Bear Real Estate Advisors

by Phil Hall | Jun 6, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Bear Real Estate Advisors, a Las Vegas-headquartered investment services firm, announced the promotion of Alexandria (“Alex”) Keser to managing director. Keser joined the company at its founding in 2018 as director of operations. She was previously held the same title...
Las Vegas’ Iconic Mirage Hotel-Casino to Close in July

Las Vegas’ Iconic Mirage Hotel-Casino to Close in July

by Phil Hall | May 16, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

After 35 years in business, Las Vegas’ iconic Mirage hotel-casino will be shut down as of July 17. According to combined media reports, the 80-acre Las Vegas Strip landmark will be demolished and replaced by the Hard Rock Las Vegas, which will feature a 660-foot hotel...
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