Nevada Real Estate & Development Report: February 2014

Read the Nevada Real Estate and Development Report: February 2014 - Commercial real estate and development - projects, sales, and leases.

H Sale, Office ADDRESS 3039 W. Horizon Ridge Pkwy, 89052 BUYER Denco, LLC SELLER Vantage at Horizon Ridge, LLC DETAILS 6,754 SF; $1,725,000 APN 177-35-510-029 BUYER’S REP William Skupa and Gino Vincent of MINT Property Group, Ltd. SELLER’S REP Joseph DeSimone of First Federal Realty Desimone Sale, Vacant Land ADDRESS Stephanie St. and Wigwam Pkwy.… [More...]

Home Prices Up 24 Percent

Home prices in Southern Nevada are continuing to rise. The median price of existing homes for December is up 24 percent from the same time last year, according to statistics recently released by the Greater Las Vegas Association of Realtors (GLVAR). “Local homeowners should be happy with the strong appreciation we’ve seen over the past… [More...]

NorthMarq Arranges $3.9 Million Interim Loan

NorthMarq’s Las Vegas arranged an interim loan of $3.9 million for the refinancing of Terrace Court located at 2316 Spring Grove Dr.

LAS VEGAS – Thomas J. Powell of NorthMarq’s Las Vegas regional office (Nevada License: 48816), in cooperation with Michael Dobbins of NorthMarq’s San Diego office arranged an interim loan of $3.9 million for the refinancing of Terrace Court, a 68-unit multifamily project located at 2316 Spring Grove Dr., Las Vegas, Nevada. Financing was based on a 5-year term with a… [More...]