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Archive for April, 2007

Las Vegas 1031 Properties

A growing trend in real estate investments in the Las Vegas market is the concept of Tenants In Common Properties. Also known as “TIC” properties, give buyers a chance to purchase commercial real estate in a unique way.  These Co-Ownership Investment Opportunities are becoming more popular among investors, especially those involved in Tax Deferred Exchange sales […]

Summerlin Retirement Condos

Westmark Homes has recently announced the ground breaking of Montechiaro, located adjacent to The Ridges in Summerlin.  This luxury condominium development will be the first age-qualified attached home development, near Siena in Summerlin.  Single-level condominiums will range from 1,250 to 2,750 square feet in one and two story buildings with elevators.  This is a very […]

Las Vegas Land Booming!

The average price for an acre of vacant land in the Las Vegas area increased 78% from one year ago, to an average price of $1.24 million, according to a local research firm.  Land prices have held steady, having more than doubled in value over the past three years.  Where condominium developers paid less than […]