Las Vegas Multifamily Cap Rates

As a second-tier market, Las Vegas generally has buildings trade at meaningfully higher cap rates than major markets like Los Angeles. However, the area is receiving both high net-worth and some institutional interest. In multifamily, which remains a popular asset...

A History of 10-Year Yields

Goldman recently published this annotated chart that depicts the history of 10-year Treasury Yields going back to the early days of the Country.  A little perspective can be nice...

Investor demands in 2018

Some notes on early 2018 activity: So far, investors probing within or purchasing assets in Southern Nevada have been in full force this January. A majority of our clients are private companies or high net-worth individuals, with the rare institutional buyer mixed in....

Construction Cost Pressures

Even before the hurricanes ravaged parts of Texas and Florida, lumber prices were on the increase. But with the anticipated rebuilding demand, wildfire ravaged British Columbia and Montana, and U.S duties on Canadian lumber, we can expect some impactful increases in...

The Top Sales of 2017 YTD

Top sales of 2017 to date. Office The developer of the Gramercy office buildings sold the portfolio of two, four-story office buildings for $32.1 Million. The project is 187,000 square feet and includes CalAtlantic, HMS Holdings Corp, Regus and Touchstone Living...

Southern Nevada Economy Still Growing

Stephen Miller, Professor of Economics at UNLV, remarks that the Southern Nevada Economy continues to grow but has some signs of slowing growth. Click here for the...