The Hoyt Organization
Calmwater Capital Provides $36.7 Million for Mountains Edge Marketplace in Las Vegas
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.
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.
Lee & Associates Closes $10.2 Million Sale of McCarran Corporate Plaza
Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has closed the $10.2 million sale of McCarran Corporate Plaza at 5740 and 5820 S. Eastern Ave., Las Vegas, Nev.
Chuck Witters, SIOR and Kris Watier, both of the Lee Las Vegas office, represented the seller P-38 Properties, LLC
Nadel Architects Promotes Mark Mikelson to Retail Division Director
Torrance, CA - September 14, 2012 - (RealEstateRama) -- Nadel Architects has promoted Mark B. Mikelson, AIA, LEED AP senior vice president to director of the firm’s retail division. Mikelson, who has over 27 years of experience in retail development and is a licensed architect in Nevada, Arizona and California, will head the division out of the Nevada office, where he previously served as managing principal.
Coldwell Banker’s Michael Campbell Selected as Finalist for REALTOR® Magazine’s Good Neighbor Award
Torrance, CA - September 12, 2012 - (RealEstateRama) -- Realtors® are the backbone of their communities, often supporting local causes large and small, and volunteering their time to help improve the communities in which they live and work. Such is the case for Coldwell Banker Residential Brokerage’s Michael R. Campbell who has been selected as a finalist for REALTOR® Magazine’s 2012 Good Neighbor Awards by the National Association of Realtors® - an honor only 10 Realtors® received nationwide.
Lee & Associates Las Vegas Appoints Two New Vice Presidents
Torrance, CA - August 2, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest commercial real estate brokerage firms in the country, has named Chris Lexis and Joe Leavitt vice presidents of its Las Vegas office. The move lends further proof that Lee & Associates is maintaining its profitability and nationwide growth despite operating in an economy riddled with financial uncertainty and corporate downsizing.
Lee & Associates Transacts a $40.9 Million Multifamily Sale for Colonial Properties Trust
Torrance, CA - May 11, 2011 - (RealEstateRama) -- In the first Class A multifamily transaction to take place in Las Vegas in at least 36 months, Birmingham, Ala.-based REIT, Colonial Properties Trust (NYSE: CLP), acquired a 341-unit apartment community for $40,900,000, according to Jim Fisher, a Principal with Lee & Associates-LA North/Ventura, Inc and Stephen Peters, a Principal with Lee & Associates-Investment Services Group, who represented the buyer in the transaction.