Home Property, Rentals, Transactions
Calmwater Capital, a leading, national direct real estate lender, has originated a $36.7 million loan for Remington Nevada to refinance existing debt and finance remaining construction of the Mountains Edge Marketplace in southwest Las Vegas. Once completed, the 101,000-square-foot retail property, anchored by Albertsons, will be located at the corner of Blue Diamond Road and South Buffalo Drive, adjacent to the Mountains Edge master planned community.
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.
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, 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.
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 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.
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
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.
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, 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 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
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
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.
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
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.