CCIM Southern Nevada Presents the February 2015 Luncheon - The Investment Sales Market is Back - Deals and Opportunities for 2015 NEW LOCATION FOR 2015 Palms Casino Resort 4321 W Flamingo Road Addison Exhibit Hall 1st Floor Next to the Sports Book Date Wed, February 25, 2015 11:30 AM - 1:15 PM Commercial Real Estate Panel featuring: Adam Basch with Kite … [Read more...] about CCIM Southern Nevada February Luncheon – The Investment Sales Market is Back
Cathy Jones
Southern Nevada CCIM Chapter Announces New President Robin Civish, CCIM with the 2015 Board of Directors
The Southern Nevada CCIM Chapter has announced the new Executive Officers and Board of Directors for 2015 with Robin Civish, CCIM serving as president of the chapter beginning January 1. Civish of Voit Real Estate Services in Las Vegas received her CCIM designation in 2009 and has served as a chapter director since 2010. She is a specialist in the retail industry and has … [Read more...] about Southern Nevada CCIM Chapter Announces New President Robin Civish, CCIM with the 2015 Board of Directors
Nevada Real Estate & Development Report: October 2014
E Sale, Multi-Family ADDRESS 2850 E. Bonanza Rd., 89101 BUYER Westland Real Estate Group SELLER Hayman Advisors DETAILS 344 units; $14,875,000 APN 139-25-404-002 REP (both) Art Carll, CCIM of NAI Vegas Lease, Office ADDRESS 2490 Paseo Verde Pkwy, Ste 100, 89052 TENANT Bodyspa Salons LANDLORD Flex 2 Buildings 3/4, LLC DETAILS 15,906 SF; $1,913,418 for 87 … [Read more...] about Nevada Real Estate & Development Report: October 2014
CCIM: Join the Club
After Nevada’s economic downturn and resulting real estate crash had begun, Cindy Santilena, a Las Vegas commercial real estate lender for small businesses and entrepreneurs, was looking for a way to highlight herself and her company when working with other industry professionals during a struggling, competitive market. She decided to pursue a CCIM, a prestigious certified … [Read more...] about CCIM: Join the Club
Nevada Real Estate & Development Report: July 2014
E Sale, Multi-Family ADDRESS 1401 N. Lamb Blvd., 89110 BUYER Masuda Family Trust SELLER Brooksone Apartments, LLC DETAILS 193 units; $10,550,000 APN 140-29-101-019 SELLER’S REP Patrick J. Sauter and Art Carll of NAI Vegas The Sauter Multifamily Group H Sale, Multi-Family ADDRESS 1651 American Pacific Dr., 89074 BUYER Hamilton Zanze & Company SELLER The Calida … [Read more...] about Nevada Real Estate & Development Report: July 2014
Nevada Real Estate & Development Report: June 2014
E Project, Industrial ADDRESS 124 S. 6th St., 89101 DETAILS The John E. Carson hotel is being renovated into a mixed-use development that will feature feature both retail and office spaces. Construction of the 19,000 SF space began in April of last year and is expected to be complete by July of this year. Tenants to the renovated space are expected to include Black Spade … [Read more...] about Nevada Real Estate & Development Report: June 2014
Family Owned Businesses 2014
Congratulations to the 2014 Family Owned Business Finalists It isn’t easy running a business, especially a family-owned business. Late hours, little to no salary and foregoing vacations can sometimes be exacerbated by family squabbles and employees that know the boss just a little too well. Nevertheless, family-owned businesses are the backbone of Nevada’s economy. This … [Read more...] about Family Owned Businesses 2014
Industry Focus: Power Women
Women executives are no longer a novelty in board rooms. They represent a growing percentage of businesses across the state. Nevertheless, women face a unique set of challenges and many believe the glass ceiling has not yet shattered. Recently, a group of successful female executives met at the Las Vegas offices of Gordon Silver to discuss issues facing women in … [Read more...] about Industry Focus: Power Women
Nevada Real Estate & Development Report: April 2014
E Sale, Retail ADDRESS 5050 E. Russell Rd., 89122 BUYER Wyandotte, Inc SELLER Kathleen & Adrian Varni Trust DETAILS 24,034 SF; $2,200,000 APN 161-28-401-011 BUYER’S REP Neil Dela Cruz of MDL Group SELLER’S REP Katherine Bergh of Marcus & Millichap Loan, Office ADDRESS 2575 E. Sahara Ave., 89104 BORROWER Reliable Auto Sales LENDER TMC Financing and Zions … [Read more...] about Nevada Real Estate & Development Report: April 2014
Nevada Real Estate & Development Report: February 2014
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. 89074 BUYER LVCSD … [Read more...] about Nevada Real Estate & Development Report: February 2014
An Industry Revived: Commercial Real Estate in Nevada
Nevada’s commercial real estate market has hit bottom and is recovering, albeit gradually and with some sectors stronger than others, experts said. Due to a confidence that the market is on the upswing, investors and tenants are willing to buy and lease. In fact, brokers completed some sizable deals in 2013, including the sale to Genting Berhad, a Southeast Asia casino … [Read more...] about An Industry Revived: Commercial Real Estate in Nevada
Nevada Real Estate & Development Report: January 2014
New Year - New Format The ReD Report has a new, easier to read format. Commercial real estate professionals throughout the state have requested the report be categorized in market areas, as opposed to zip codes. The color-coded areas correspond to the map below and each deal is presented in a more concise manner. We appreciate all the brokers who continue to send us their … [Read more...] about Nevada Real Estate & Development Report: January 2014
Nevada Real Estate & Development Report: December 2013
Projects Las Vegas, 89110 Government CORE Construction began building Fire Station 108 in conjunction with National Fire Prevention Week in October 2013. The project was initially placed on hold due to economic conditions in 2009. Construction is projected for completion on August 21, 2014. The $6.7 million project will improve emergency response time in its area, as well … [Read more...] about Nevada Real Estate & Development Report: December 2013
Nevada Real Estate & Development Report: October 2013
Projects Henderson, 89052 Hospital Burke Construction has begun construction on the Seven Hills Behavioral Institute Expansion project. Plans for the project include the conversion of an existing one story, 15,000 SF office building to an institutional occupancy building. Upgrades will provide additional space for 36 new inpatient psychiatric beds located within two nursing … [Read more...] about Nevada Real Estate & Development Report: October 2013
Nevada Real Estate & Development Report: September 2013
Projects Las Vegas, 89129 Government J.A. Tiberti Construction has completed renovations on the Durango Hills Water Resource Center. Facility improvements totaled $9.1 million and included construction of two new 8,800 SF structures. The water center was kept open during the 13-month project. MWH Americas served as architect of record. The facility is located at 3271 N. … [Read more...] about Nevada Real Estate & Development Report: September 2013