RENO – The Reno/Sparks Association of REALTORS (RSAR) has selected three recipients for its annual “REALTORS Build A Better Block” project. These organizations submitted project plans to create a new public space by transforming an underused or unused space into a community meeting place that will be accessible to everyone. Each organization received $2,500 in funding and … [Read more...]
Hirschi Masonry Congratulates 2018 Silver Nugget Award Winners
Nevada subcontractor honors local recipients Hirschi Masonry, a premier masonry contractor based in southern Nevada, congratulates all of the 2018 Silver Nugget Award winners, and applauds their clients who were recipients of several awards at this year's gala. The Southern Nevada Home Builders Association, and longtime partner, the Las Vegas Review-Journal, host the Silver … [Read more...]
New Buyer’s Agents Eric Schott and Brianne Madrid Bring Talent and Enthusiasm to Re/Max Realty Affiliates
Reno – The RE/MAX Realty Affiliates (RRA) Reno office is continuing to grow with the addition of two new agents, Eric Schott and Brianne Madrid, who have chosen to focus their business as buyer’s agents. Schott has teamed up with current RRA agent Brian Bajune and Madrid is joining The Lessinger Team as a buyer’s agent. “We couldn’t be happier than to welcome Eric and Brie … [Read more...]
Northcap Multifamily Arranges Sale of La Esperanza Apartments for $4,508,000
Devin Lee, CCIM, Robin Willett, Jerad Roberts, and Jason Dittenber, of Northcap Multifamily, are pleased to announce the recent sale of La Esperanza Apartments for $4,508,000 ($62,611/unit). This sale consisted of 72 multifamily units built in 1962, located at 900 to 1208 E. Carey Avenue, in N. Las Vegas, Nevada. This multiple parcel assemblage assemblage required simultaneous … [Read more...]
Alissa Bonwell Joins DC Building Group as Marketing Manager
Las Vegas - DC Building Group is proud to announce that Alissa Bonwell has been hired as marketing manager at the award-winning general contracting firm. Bonwell is the latest addition to the DCBG family and joins the Las Vegas-based firm with seven years of marketing management and project expertise. Bonwell brings a wide array of marketing experience including: social media, … [Read more...]
NKF – People’s Mortgage Signs Lease at Commerce Commons
Moria Development, Inc dba People’s Mortgage Company leased 1,400 square feet of retail space at 205 W. Centennial Pkwy., Ste 110, from Centennial Commerce LLC. Total consideration was $105,840. Managing Director Michael Zobrist and Executive Managing Director Nelson Tressler of Newmark Knight Frank represented the lessor in the transaction. … [Read more...]
Re/Max Reality Affiliates Welcomes New Agent Partnership Paul Richards and Jonathan Dyer
Reno – RE/MAX Realty Affiliates (RRA) welcomes a new partnership in the Reno office. The up and coming team is comprised of dedicated real estate agents Paul Richards and Jonathan Dyer. The pair are excited about the opportunities for success they’ll have with RRA. “We are thrilled to welcome Paul and Jonathan as new agents who are bringing new energy and interest to our … [Read more...]
NAIOP Southern Nevada presents “Trends in Multifamily Development: Who’s living in these things anyway?” at July Breakfast
NAIOP Southern Nevada presents an expert panel discussion on “Trends in Multifamily Development: Who’s living in these things anyway?” as part of its monthly member meeting. Panelists specializing in multifamily development and investment will discuss: How the housing market in Southern Nevada is changing. Where are the next hot spots throughout Southern Nevada for … [Read more...]
RSAR Releases 2018 Second Quarter/June Existing Home Sales Report
RENO – The Reno/Sparks Association of REALTORS (RSAR) released its 2018 second quarter and June 2018 report on existing home sales in Washoe County, including median sales price and number of home sales in the region. RSAR obtains its information from the Northern Nevada Regional Multiple Listing Service (www.nnrmls.com). In the second quarter of 2018, the report showed … [Read more...]
Northcap Commercial Multifamily Arranges Sale of Cypress Springs Apartments for $15,000,000
Devin Lee, CCIM, Robin Willett, Jerad Roberts, and Jason Dittenber, of Northcap Multifamily, are pleased to announce the recent sale of Cypress Springs Apartments for $15,000,000 ($104,166/unit). This sale consisted of 144 multifamily units built in 1994, located at 3651 N. Rancho Drive, in Las Vegas, Nevada. The purchaser of value-add opportunity plans extensive renovations to … [Read more...]
National LGBT Real Estate Group Forms Las Vegas Chapter
Berkshire Hathaway HomeServices Nevada Properties is sponsoring a mixer July 25 to welcome the country’s top LGBT real estate association to Las Vegas, the National Association of Gay & Lesbian Real Estate Professionals (NAGLREP). The mixer will be held from 5-7 p.m. at DW Bistro, located at 9275 West Russell Road in Southwest Las Vegas. NAGLREP is a leading association … [Read more...]
Southern Nevada Housing Market Looking a Lot like the Summer Weather
GLVAR housing statistics for June 2018 LAS VEGAS – A housing market report released by the Greater Las Vegas Association of REALTORS (GLVAR) looks a lot like the summer weather in Southern Nevada, with local home prices continuing to heat up from last year at this time while the housing supply stayed desert dry. GLVAR reported that the median price for existing … [Read more...]
NKF – Texas Meltz Coming Soon to Sahara Pavilion North
Texas Meltz, LLC dba Texas Meltz leased 1,374 square feet of retail space at 4604 W. Sahara Ave., Ste 6, from Sahara 3D, LLC. Total consideration was $202,404. Managing Director Michael Zobrist and Executive Managing Director Nelson Tressler of Newmark Knight Frank represented the lessor in the transaction. … [Read more...]
Re/Max Realty Affiliates Welcomes New Staff Members Courtney Forestiere and Kori Griffith
Reno – RE/MAX Realty Affiliates (RRA) is happy to announce the addition of two new staff members in the Reno office, Courtney Forestiere, director of opportunity, and Kori Griffith, office manager. Both Forestiere and Griffith are excited to join the RRA team and are looking forward to developing new opportunities in their respective positions. “We are thrilled to have two … [Read more...]
DCG Completes Multiple Retail Leases at New Golden Valley Development
Dickson Commercial Group (DCG) is pleased to announce the successful completion of two retail lease transactions at 440 Golden Valley. Senior Retail Broker Gary Tremaine represented the landlords, Dennis Banks & Art Hinckley, in the lease of two spaces at the 12,000-square foot, ground up retail center located 440 E. Golden Valley Road. Suite D with 1,200 square feet … [Read more...]
Northcap Multifamily Arranges Sale of Fremont Palms for $3,200,000
Devin Lee, CCIM, Robin Willett, Jerad Roberts, and Jason Dittenber, of Northcap Multifamily, are pleased to announce the recent sale of Fremont Palms Apartments for $3,200,000 ($60,377/unit). This sale consisted of 53 multifamily units built in 1979, located at 2540 Fremont Street in Las Vegas, Nevada. This off-market transaction closed on June 22, 2018. Northcap Multifamily … [Read more...]
DCG Completes Office Lease at Lexington Quail Office Park
Dickson Commercial Group (DCG) is pleased to announce a successful lease at Lexington Quail Office Park in Sparks, Nev. Pat Riggs and Travis Hansen, CCIM of DCG represented the landlord, Liberty Capital Partners II LLC, in the lease of 1,456 square feet of medical office space to Alma Clinic. Lexington Quail is a well-positioned medical and office park on McCarran Boulevard. … [Read more...]
CCIM Breaking Barriers: Exceeding Expectations
Among Southern Nevada’s commercial real estate professionals is an elite group of well-educated, experienced, dedicated and charitable individuals called Certified Commercial Investment Members (CCIMs). “Within CCIM there’s camaraderie and a community that I, in 30 years, have not seen in any other organization,” said Christopher McGarey, CCIM, of Berkshire … [Read more...]
Retail Summary: First Quarter 2018
Northern Nevada By NAI Alliance The Reno/Sparks retail market saw continued improvements in the first quarter of 2018. The total gross absorption was 141,799 square feet during the quarter with 31 tenants opening stores. The largest tenant opening was the 40,000 square foot Burlington in the Legends Center. Net absorption was a healthy 95,159 square feet. The overall … [Read more...]
Red Report: July 2018
BC Sale, Multi-Family Address 110 Ville Dr., 89005 Buyer OM Sun Property LLC Seller HPY Holdings, LLC Details 70 units; $45,000 per unit APN 186-04-501-003 Seller Rep Brett S. Beck of Virtus Commercial E Sale, Multi-Family Address 7055 Lake Mead Blvd., 89156 Buyer OpenPath Investment, LLC Seller Sundance Bay Details 304 units; $101,151 per unit APN … [Read more...]
