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Alan Sheleheda Blog

5 Things We Have Seen In the Las Vegas Real Estate Market in 2015

A Brief Look at What has Happened in The Las Vegas Real Estate Market As We Approach June of 2015
Posted by Jesse Olive on May 31, 2015 in No Category
“Is the market still struggling?”  If we had a nickel for every time that question was asked, we could….go buy a piece of real estate.  The answer to that question is a resounding, “no!”   The Las Vegas real estate market has been resurging for the last three years or more with strong sales, a drastic decrease in distressed inventory and steady home price gains in both the residential and the commercial markets.  This trend is not stopping any time soon and is ... read more
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MAJOR SALES & PROJECTS IN LAS VEGAS - 2014 & 2015 YTD

A Rundown of some of the larger real estate transactions throughout last year and this year to date.
Posted by Jesse Olive on April 02, 2015 in No Category
Hospitality Cosmopolitan $1,730,000,000 1,000,807 sq.ft 2,995 room hotel and casino Purchased by Blackstone Group from Deutsche Bank Downtown Summerlin Fashion, dining and entertainment 1.6 million sq.ft Shopping opened 2014 Multifamily, hotel The Linq The Linq Promenade includes dining, shopping and entertainment, with a 550-foot observation wheel Hotel is 2,640 rooms Casino is 118,000 sq.ft The observation wheel, called the High Roller, opened in March 2014 Grand Bazaar... read more
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Real Estate Investment and Development Update

Investors Choose to hold onto properties. Las Vegas evolves to suit the generations
Posted by John McClelland on May 22, 2014 in No Category
InvestorsA few quick updates for followers of the Las Vegas real estate scene and real estate in general:A recent Wall Street Journal article noted that investors who bought homes in the past couple of years have largely decided to hold their properties and enjoy cash flow (Housing Investors Settle into a Holding Pattern, May 20,2014). Instead of treating this as a big trade, buying distressed homes or relatively undervalued homes and selling them after the price increases many cities had experienced in the past co... read more
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