When the COVID-19 pandemic shut down events around the country for several months, a dark pall emerged over the exhibitions and events industry that led to concerns about when, and how, the sector will be able to recover from this unprecedented blow. As face-to-face events have started to resume with modifications to keep stakeholders safe, […]
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Las Vegas Housing Prices Rise
Demand is high and supply is short when it comes to the local housing market. According to the October report from the Las Vegas REALTOR, the median price for an existing single-family home sold in Southern Nevada set another all-time high record at $340,200, that’s up nearly 11% from the same time last year. “COVID-19 […]
Rio to Open Before 2021
Caesars Entertainment plans to reopen the Rio before the end of the year, CEO Tom Reeg said Thursday. The off-Strip property is the last of Caesars’ nearly five-dozen casinos nationwide to remain closed following the coronavirus shutdown orders earlier this year. Although other Las Vegas casino companies with a Strip presence — Wynn Resorts and […]
Nevada Football’s Game Against New Mexico to be Played in Las Vegas
Nevada football’s game against New Mexico on Nov. 14 will be played in the Silver State just not in Reno. The Wolf Pack will play the Lobos at Las Vegas’ Sam Boyd Stadium, the former home of the UNLV Rebels. New Mexico was scheduled to host that game but has been unable to play at […]
Real Estate Is a Driving Force in the Economy
As the economy recovers from this year’s health crisis, the housing market is playing a leading role in the turnaround. It’s safe to say that what we call “home” is taking on a new meaning, causing many of us to consider buying or selling sooner rather than later. Housing, therefore, has thrived in an otherwise […]
Downtown Summerlin Kicks Off 2020 Holiday Season
The 2020 holiday season kicks off at Downtown Summerlin in the master-planned community of Summerlin on Nov. 13 with the opening of outdoor ice skating at Rock Rink presented by Pardee Homes, back for another year of family skating fun. New this year, are 200,000 additional twinkling lights throughout the destination, along with strolling carolers […]
MGM Growth Properties Looking for a Las Vegas Acquisition
MGM Growth Properties, a real estate investment trust (REIT), indicated on Monday that it could be interested in acquiring another property on the Las Vegas Strip. During a third quarter earnings call, CEO James Stewart said that his company was definitely looking to expand, but only with large casino properties that would “move the needle.” […]
Former E-String Poker Bar in Henderson Reopens with New Concept
First things first — let’s get the names straight. The new bar at 2031 W. Sunset Road in Henderson, which officially opened this week, is called The Bank at Gambit. The building that houses it, and will soon be home to two other businesses, is called Gambit. And the latter is the result of what […]
Las Vegas Commercial Real Estate Wrap-Up – October 2020
In October, Las Vegas’ commercial real estate market saw several important moves taking place. Despite the hospitality sector’s ongoing struggles, developers are still active and working to add new landmarks to the city’s skyline. On the transactions side, industrial assets continue to be in high demand for both tenants and owners, but even office properties […]
Charter Board to Consider Reopening to 40% of Students
Nevada State Public Charter Authority will bring a recommendation to its board Friday seeking to allow schools in counties with elevated levels of COVID-19 transmission — including Clark County — to bring up to 40 percent of students back to campuses. The board will consider the recommendation during a virtual meeting at 9 a.m. Friday. Currently, Las […]
