Things are still hot in Las Vegas…..And getting hotter!

Here are some great reads on what is happing in the Las Vegas Area…..Now bear in mind, these article below are in addition the NFL Raiders coming to town, A new NHL hockey team and Professional MLS soccer franchises coming to town as well….

Rents are on the rise, cap rates are being compressed. Well priced apartment communities are being scooped up within days on going on the market

Investors or in a rush to acquire as much property as possible before the this recent activity moderates. Many properties being purchased in all cash transactions…

 

Article about recent apartment building sales and prices in Las Vegas:

https://www.reviewjournal.com/business/buyers-pay-269m-for-4-las-vegas-apartment-complexes/

Article regarding Las Vegas Warehouse space becoming a hot commodity:

https://thenevadaindependent.com/article/as-online-retail-grows-southern-nevada-warehouse-space-emerges-as-hot-commodity

Article regarding Grand hotel expansion of a third tower:

https://www.reviewjournal.com/business/casinos-gaming/downtown-grand-gets-initial-ok-to-build-third-tower/?bt_alias=eyJ1c2VySWQiOiAiMGJjNDcyZjItY2JhMS00OTYxLWFmNmUtOTJiYTFiY2ZhYjA4In0%3D&utm_campaign=20170714&utm_medium=manual&utm_source=Boomtrain

Article about UNLV’s new School of Medicine to kick start a Downtown district:

https://lasvegasweekly.com/intersection/2017/feb/20/unlv-new-school-medicine-classes-july/

Article about Wynn adding final touches to $1.5B Paradise Park on Las Vegas Strip:

https://www.reviewjournal.com/business/casinos-gaming/wynn-adding-final-touches-to-1-5b-paradise-park-on-las-vegas-strip/

Article about upgrades at Palace Station could include convention center:

https://vegasinc.lasvegassun.com/business/gaming/2017/jul/25/upgrades-at-palace-station-could-include-conventio/

Article about commercial real estate markets improve in second quarter:

https://businesspress.vegas/real-estate/commercial-real-estate-markets-improve-in-second-quarter/?utm_source=Boomtrain&utm_medium=manual&utm_campaign=20170622&utm_term=business_press_Highlights&utm_source=Boomtrain&utm_medium=manual&utm_campaign=20170622&utm_term=business_press_Highlights

If you would like to discuss getting involved in the Las Vegas market, call us directly at: 510-863-1447

www.jbrealestateinvestments.com

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