Las Vegas, NV - March 26, 2008 - Nevada Senator Harry Reid and Las Vegas Mayor Oscar B. Goodman toured downtown Las Vegas today to survey redevelopment projects currently underway, and discuss those planned for the future. more »

CLEVELAND–(BUSINESS WIRE)–March 18, 2008–Forest City Enterprises, Inc. (NYSE:FCEA) (NYSE:FCEB) today announced that a subsidiary of the Company has closed on a 10-year, $160 million loan with New York State Teachers Retirement System to refinance The Galleria at Sunset, a 1,048,000 square-foot retail center in Henderson, Nev. The center, which is home to anchor stores Dillard’s, Macy’s, Mervyn’s, Dick’s Sporting Goods, and JCPenney, opened in 1996. more »

Washington, DC— Nevada Senator Harry Reid made the following statement today on the floor of the U.S. Senate regarding the Foreclosure Prevention Act of 2008: more »

Letter to subcommittee highlights efforts to keep Nevadans in their homes

Washington, D.C. - January 28, 2008 - Nevada Senator Harry Reid sent a letter to the Nevada Legislative Commission’s Subcommittee to Study Mortgage Lending and Housing Issues today to provide an update on Congress’ efforts to respond to the nation’s foreclosure crisis. more »

Sue Saunders, NVAR General Counsel

Representing a client in a short sale will require negotiating with the lender (or lenders if there is a first and second mortgage on the home) to accept a payoff less than the balance due on the loan. more »

Landmark Project Takes Major Step Forward

January 16, 2008 - At its meeting today, the Las Vegas City Council approved a $1.71 million agreement with the Whiting-Turner Contracting Company to handle pre-construction services for the Smith Center for the Performing Arts. The $475 million complex will be built in downtown Las Vegas. more »

New Pulte Home Residences Features Energy And Water Efficient Design

Las Vegas, January 15, 2008 - During the ceremonial portion of tomorrow’s City Council meeting at 9 a.m., in council chambers, located at 400 Stewart Ave., the City Council will recognize Pulte Homes for its sustainability efforts. Model homes at the company’s new Timber Creek subdivision have been certified as the first participants in the city’s Green Building Program. more »

WASHINGTON - January 14, 2008 – The U.S. Department of Housing and Urban Development today announced a settlement agreement with two Las Vegas landlords for alleged violations of the Fair Housing Act. Sun and Christine Young, owners of Summer Place Apartments voluntarily agreed to pay $75,000 to several tenants; to cease discriminatory practices against families with children; and to stop refusing to make reasonable accommodations to persons with disabilities. more »

City Protects Treasured Park’s History

The Las Vegas City Council added Floyd Lamb Park at Tule Springs to the city’s historic register at a recent council meeting. The historic park is located at 9200 Tule Springs Road in the Centennial Hills area of the city. The city of Las Vegas Historic Preservation Commission determined the park was eligible for designation due to its exceptional significance and distinctive character. more »

WASHINGTON - January 9, 2008 - U.S. Housing and Urban Development Secretary Alphonso Jackson today announced HUD will speed federal disaster assistance to flood-ravaged Lyon County in Nevada and provide support to homeowners and low-income renters forced from their homes following severe winter storms and flooding. more »