Property, Rentals, Transactions

Property, Rentals, Transactions

LBG REAL ESTATE COMPANIES Completes Sale of Single-Tenant Home Depot in Henderson, NV for...

LBG REAL ESTATE COMPANIES, LLC (LBG), a Southern California-based investor in retail real estate, in partnership with Aviva Investors Real Estate Capital Partners I-A, LP, announce that they have completed the sale of a prime, single-tenant net-lease property in Henderson NV to an undisclosed buyer at a sale price of $23,162,717. The sale of the property was brokered by Chris Kostanecki and Dave Lucas of Capital Pacific in Las Vegas, NV.

Washoe County is seeking public input on code relating to accessory structures on vacant...

The Washoe County Community Services Department’s Planning and Development Division is hosting a public workshop and open house regarding proposed amendments to Washoe County Code Chapter 110 (Development Code). The proposed updates focus on accessory structures and uses located on vacant property adjacent to a lot with a home or other established main use, and when both properties are under the same ownership.

Forté Specialty Contractors Hires Greg Hellem as Superintendent

Forté Specialty Contractors, a Las Vegas-based construction company specializing in building for the experience for restaurants, nightclubs, museum exhibits and themed, experiential venues, has announced the hire of Greg Hellem as superintendent. Based in the company’s Las Vegas headquarters, Hellem will be responsible for providing leadership to the on-site staff to supervise the quality of work and to ensure projects are completed on-time and on-budget. Hellem’s first project with Forté will be working on Wynn’s newest nightclub, Intrigue.

KTGY-designed Communities Win Silver Nugget Awards

International award-winning firm KTGY Architecture + Planning is pleased to announce that three KTGY-designed residential communities have garnered five top honors in Southern Nevada Home Builders Association 2016 Silver Nugget Awards competition. The Silver Nugget Awards program honors excellence in the Southern Nevada home builders’ industry.

BKM Partners Secure 29 Leases in Las Vegas

BKM Capital Partners, an institutional fund manager with a niche focus on value-add, multi-tenant industrial investments, has announced the completion of 29 leases in three of its Las Vegas industrial assets.

BKM CAPITAL PARTNERS SECURES 29 LEASES IN LAS VEGAS INDUSTRIAL ASSETS

Aggressive and attentive management, extensive capital improvement program and market intelligence put assets far ahead of underwriting. BKM Capital Partners, an institutional fund manager with a niche focus on value-add, multi-tenant industrial investments, has announced the completion of 29 leases in three of its Las Vegas industrial assets

2015-2016 Real Property Tax Bills in the Mail

Tax bills for the more than 740,000 parcels in Clark County are being mailed this week, according to the County Treasurer’s Office. Taxes for the fiscal year are due on the third Monday in August, but may be paid in four installments if the taxes exceed $100.

Chase Agent Credits Reno Growth for $8 million Sale

Joya Machabee, who represented the buyer through Chase International Real Estate, notes that the new owner also owns the Reno Tahoe Industrial Center. The center has attracted large and innovative companies like Tesla, Switch, and Zulily, putting Reno and Northern Nevada on the map of the nation’s leading areas of technology and commerce. Reno’s proximity to world-class recreation and the Bay Area further broaden its appeal for corporations looking to relocate or open new facilities.

Meridian Capital Group Arranges $3.9 Million in CMBS Financing for a Shopping Center Located...

Meridian Capital Group, America’s most active debt broker, negotiated a $3.9 million CMBS loan for the refinance of a shopping center located in Las Vegas, NV on behalf of Robert Zarin.

WestCorp Management Group Opens New 308-Unit Apartment Community in Las Vegas Nevada

WestCorp Management Group is celebrating the grand opening of its newest apartment community in Southern Nevada. The Wyatt, a 308-unit development near Badura Avenue and Buffalo Road, is now open for new residents. The brand-new community offers one-, two- and three-bedroom units with rental prices starting at $899 per month

Homebuyers Find The Perfect Fit In New Lennar Home

RENO, Nev. -- Buyers explored beautiful model homes at Carson River Estates in Dayton and Wintercreek at Somersett in Reno during Lennar’s Grand Opening celebrations over the weekend. Each community features Lennar’s signature Everything’s Included® features and Next Gen®–The Home Within a Home® floorplan, but each offer their own distinct collection of new homes designed to accommodate a variety of homeshoppers. With two communities to choose from, buyers were able to find the right home to meet their needs and match their lifestyle

FirstService Residential Associates Beautify City Park for Earth Day

Associates of FirstService Residential, the leading community management company in Nevada, participated in a beautification project at Ed Fountain Park in Las Vegas in observance of Earth Day. The 46 acre park presented several cleaning opportunities, including trash and debris removal throughout, painting of pillars, gates, wrought iron features and water fountains, cleaning of playground equipment, picnic tables and barbecue grills.

Las Vegas Residents Invited To 3rd Annual Homeowners Night May 29

City of Las Vegas residents are invited to the Development Services Center Thursday, May 29, starting at 6 p.m., for the third annual Homeowners Night. The center is located at 333 N. Rancho Drive. Residents can learn how to obtain a permit for work previously performed on their home, get information on code violations and what work requires a permit, apply for a permit for new work, learn how to work with contractors, and improve their knowledge of electrical safety. Workshops that will be offered are

Bipartisan tax-relief effort for struggling homeowners

In an op-ed which ran in The Hill today, U.S. Senators Dean Heller (R-NV) and Debbie Stabenow (D-MI) called on Congress to renew the Mortgage Forgiveness Tax Relief Act to help the millions of families across the country struggling to avoid foreclosure and stay in their homes.

25th Anniversary for the NVAR Legal Information Line

The NVAR Legal Information Line continues to rank as the #1 service by members, according to annual member surveys. Darrell Plummer, Broker/Owner of Sierra Nevada Properties in Reno, says, “I have been very pleased with the NVAR Legal Information Line for years. Access to free legal advice as a Broker to help my agents is one of the best services offered by the Nevada Association of REALTORS®. Calling an attorney who understands our industry, is familiar with our contracts and disclosure forms saves time and money and gives me confidence I am getting good direction for our agent and customer to avoid potential litigation issues. What a great risk reduction service for our REALTOR® members.”

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Nevada Short Sale Information – FTC Cracks Down on Loan Modification...

Las Vegas, NV - January 6, 2011 - (RealEstateRama) -- Effective January 31, 2011, The Federal Trade Commission has banned loan modification companies from charging up-front fees for negotiating modifications of residential mortgage loans. According to Eric Witksoki, Chief of the Attorney General’s Bureau of Consumer Protection, and the state consumer advocate, “Money spent on mortgage modification consultants is a bad bet for consumers.” Additionally, Witkoski commented that spending money on loan modification is “worse than some of the odds at the casino tables.”

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HUD APPROVES AGREEMENT WITH LAS VEGAS LANDLORDS TO RESOLVE HOUSING DISCRIMINATION...

The U.S. Department of Housing and Urban Development (HUD) announced today it approved an agreement between the owners and managers of Maycliff Mobile Home Park in Las Vegas, Nevada, and a family to resolve allegations that the landlords refused to allow an elderly woman’s son and his pregnant wife to live at the property after their child was born.