Real Estate

Investors are flipping fewer Nevada homes, report finds

A home for sale in Henderson.

Real estate investors aren’t flipping homes in Nevada as often as last year, but they’re still more active than flippers nationally. Flipping slowed nationally to ...

Las Vegas real estate market is a wild ride

Housing is a volatile business but seems more extreme in Las Vegas, with its long history of fast-paced construction, out-of-town investors and transient residents.

Buy $38 million Palms penthouse, and they’ll throw in a Lamborghini

Businessman Phil Maloof is trying to sell his 59th-floor penthouse at the Palms Place tower for $38 million.

Phil Maloof’s rooftop penthouse at the Palms is packed with opulence, but after sitting on the market for five months without luring a buyer, his listing agents have thrown in one more perk: A Lamborghini. Under a fittingly flashy promotion, whoever buys Maloof’s $38 million Las Vegas party pad will get a two-year, pre-paid lease on a 2015 Lamborghini Huracán, with an option to ...

Work progressing on recession-stalled Beltway project

The Gramercy development project is slated for completion soon by new owners Ofir Hagay and Benjy Garfinkle with WGH Partners on Wednesday, October 29, 2014. The tower at the failed Manhattan West (right) may be deconstructed or repurposed as things progress.  L.E. Baskow.

The former ManhattanWest, the stylish retail, office and residential complex that sat unfinished for years at Russell Road and the 215 Beltway, is being being completed by WGH Partners, which also is finishing construction on an abandoned condo project on Cactus Avenue at Bermuda ...

Henderson latest Southern Nevada city to launch home foreclosure registry

An auction sign for a foreclosed home in Las Vegas bends in the wind, Nov. 17, 2010.

In a region still stung by foreclosures, Henderson officials have kicked off the latest effort to track abandoned homes and prevent them from falling into disrepair. Nevada’s second-largest city this week launched a foreclosure registry at registerhenderson.com to monitor homes that are ...

Investors’ retreat from Las Vegas housing market triggers sales slowdown

An aerial view of a residential neighborhood in Las Vegas, Nevada.

When investors flocked to Las Vegas for cheap homes after the economy crashed, they resurrected the housing market with sorely needed ...

First mountainside home lot at Ascaya in Henderson sells — for $925,000

The lots at Ascaya are ready for mountain-mansion development with reservations now being accepted to begin the purchasing process Wednesday, Aug. 20, 2014, in Henderson.

Developers of Ascaya, the long-delayed mountain-mansion project in Henderson, have sold their first lot — a 0.46-acre parcel for $925,000. The sale closed Friday, property records show, and sales of two other lots are expected ...

Eric Trump talks Atlantic City, ‘Apprentice,’ return of pageants to Las Vegas

Eric Trump hosts a party at Trump International Hotel and Tower on Thursday, Oct. 16, 2014, in Las Vegas.

“What did Las Vegas do that Atlantic City didn’t? You built the best restaurants, you built the best shows, you have Red Rock Canyon, you have an unbelievable airport and the best convention facilities in the world.”

Eric Trump: ‘We’ve had so much good luck. We’re buying everything around the world’

Eric Trump hosts a party at Trump International Hotel and Tower on Thursday, Oct. 16, 2014, in Las Vegas.

I’ve known Eric Trump since he was a youngster, and he’s grown up as a duplicate of The Donald following in his father’s famous footsteps. They sound alike and talk alike.

Seller of Atomic Liquors building buys bank-owned office building

A view of Atomic Liquors, the oldest standing bar in Las Vegas, on Fremont Street, June 27, 2012.

A few months after selling the Atomic Liquors building to Downtown Project, the bar’s bosses have plunked down a few million for an office building in ...

Owner of downtown’s Ogden bucks trend with condo sales blitz

KRE Capital has begun listing condo units at the Ogden, shown Wednesday, Oct. 15, 2014. The condos, at 815 to more than 2,000 square feet, are priced from around $200,000 to the mid-$600,000 range.

When investors bought the Ogden and four other Las Vegas residential complexes last year for big dollars, they were among many laying bets on the valley’s apartment market. Now they’re betting they can ...

Las Vegas home sales dip, but prices inch upward

A view of a neighborhood with three-story homes in Las Vegas, April 4, 2013.

Despite a slowdown in sales, Las Vegas used-home prices inched past the $200,000 mark last month. The median price of single-family homes sold in September was ...

Staging a home: Art and science

Once foundations are poured and tiles are laid, home developers spend big bucks to decorate model homes to make them cozy and inviting.

Back in business: Henderson’s Inspirada eager for a comeback

Traffic is shown on Bicentennial Parkway at the Inspirada master-planned community in Henderson, Monday, Sept. 29, 2014.

On the outskirts of southern Henderson, near large swaths of open desert and a small airport buzzing with private planes, the Inspirada community has been a prime example of ...

Court’s HOA foreclosure ruling ‘a win for Nevada,’ Las Vegas investor says

A foreclosed home is shown in the Silverado neighborhood of Las Vegas.

The recent Nevada Supreme Court decision that allows homeowners associations to trump mortgage lenders in foreclosing on homes had plenty of critics, but they have it ...