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Las Vegas Sun: Real Estate News

Henderson?s Galleria at Sunset mall to undergo $7 million renovation

From Las Vegas Sun

One of Southern Nevada?s largest shopping centers ? the Galleria at Sunset mall in Henderson ? is set to undergo a $7 million renovation, its first since it opened in 1996. Construction is scheduled to begin this month and is slated for completion in the fall. The renovation will be mall-wide and will bring improvements to the food court, center court, guest services center and the restrooms. ?We?re very excited about the renovation, which will enhance the experience and comfort of our ... Quick Read

Hired or fired? How the Trump is doing after five years in Las Vegas

From Las Vegas Sun

Las Vegas? $1.3 billion Trump International Hotel opened in March 2008 and got off to a rocky start. The high-end condos failed to sell. Owner Donald Trump had to shift strategy. The Great Recession dashed his hope for a second tower, and hundreds of investors sued him. Five years later, things have improved at the gold-plated tower. The investor lawsuits were dismissed, the condos once again are selling, and the hotel rooms are full. ... Quick Read

Grab your stuff and go: 'Zombie' homes abound in Nevada

From Las Vegas Sun

Nevadans who expect to lose their homes to foreclosure move out far more frequently than struggling borrowers in other states, according to a new report. Nevada has a ?zombie foreclosure? rate of 50 percent, meaning half of all homes in the foreclosure process that aren't yet bank-owned are empty. ... Quick Read

No deal reached: Stadium developer's team heads to mediation

From Las Vegas Sun

Two consultants that were sued alongside would-be sports arena developer Chris Milam are heading to private mediation after failing to settle the case. Milam's land consultant Michael Ford and public relations-lobbying chief Lee Haney have not reached an agreement with City Hall, said Dennis Kennedy, a lawyer for the city of Henderson, which sued the group on fraud charges two months ago. ... Quick Read

Downtown Project pieces together its $93 million llama

From Las Vegas Sun

The purchase of downtown ? well, a good bunch of it, anyway ? is almost complete. Downtown Project insiders call the mass of land stretching over several blocks from Las Vegas Boulevard to Maryland Parkway ?the llama,? because that?s what it sort of resembles from space. For landowners who have held onto property, the purchases have been a monetary boon. The Downtown Project in some instances is paying premium prices for the land. ... Quick Read

Why the construction defect fight is likely to get nasty this session

From Las Vegas Sun

As my colleague Anjeanette Damon reports this week, the Groundhog Day legislative battle over construction defect litigation has broken into the open, with state Sen. Michael Roberson using some legislative legerdemain to move his bill from a hostile committee to a friendly one. ... Quick Read

Percentage of underwater homeowners in Vegas drops in 2012

From Las Vegas Sun

The percentage of underwater homeowners in Las Vegas Valley fell last year as rising home values gave many people a financial lift. But there?s ample room for improvement: Las Vegas is expected to stay the underwater capital of America for at least another year. ... Quick Read

Bill pending in Legislature could result in higher property tax bills

From Las Vegas Sun

Your property taxes could increase under a bill before the Nevada Legislature aimed at changing the state's property tax structure. But the bill does not call for a straight rate increase. Here?s how and why your bill could change. ... Quick Read

Foreclosure offerings in Nevada are hardly a steal, report finds

From Las Vegas Sun

Buying a distressed home in Nevada was no bargain last year. The average sales price of a home in some stage of foreclosure ? such as having a notice of default or being bank-owned ? was $126,521 in 2012, almost 6 percent higher than in 2011 ... Quick Read

Executive suites offer flexible office space to businesspeople on the go

From Las Vegas Sun

Dave Rolley lives in Las Vegas but travels all over the world as vice president of Ampcontrol. Rolley needs an office wherever he goes, whether it?s Summerlin, Pittsburgh or Buenos Aires, so he uses executive suites ? rental offices with flexible lease terms for owners of small to midsize businesses and executives who travel. ... Quick Read

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Luxury Guide

Henderson?s Galleria at Sunset mall to undergo $7 million renovation

Hired or fired? How the Trump is doing after five years in Las Vegas

Grab your stuff and go: 'Zombie' homes abound in Nevada

No deal reached: Stadium developer's team heads to mediation

Downtown Project pieces together its $93 million llama

Why the construction defect fight is likely to get nasty this session

Percentage of underwater homeowners in Vegas drops in 2012

Bill pending in Legislature could result in higher property tax bills

Foreclosure offerings in Nevada are hardly a steal, report finds

Executive suites offer flexible office space to businesspeople on the go

THINGS WE LIKE

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