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REAL ESTATE BRIEFS: FEB. 5

Smith’s Food Drug has opened a new $24 million Smith’s Marketplace store at Cadence Village Center at 845 E. Lake Mead Parkway in Henderson. This is the second marketplace store in Nevada and will add 230 new jobs to the area.

High-rise One Las Vegas sells out

Shahn Douglas, chief marketing officer for DK Las Vegas, a portfolio of Las Vegas condominiums acquired in 2013, has announced the sell-out of One Las Vegas, an iconic twin-tower condominium community on South Las Vegas Boulevard. To date, DK Las Vegas has closed on 295 condo homes at the property since sales started in 2015.

REAL ESTATE BRIEFS: JAN. 27

TSK has been honored for design excellence by the American Institute of Architects (AIA) Nevada. Nationally, AIA has a network of architecture professionals that boasts 95,000 members. TSK received one top honor in the unbuilt category, medical education building, for the Kirk Kerkorian School of Medicine and a second top honor in the built category, commercial architecture, for the Las Vegas Convention Center Phase 2 Expansion.

Martin penthouse listed for $10M

“La Vista” is true to its name. Rising 44 floors above Dean Martin Drive, the sophisticated penthouse earned its iconic name by the commanding views displayed from every room. Its floor-to-ceiling windows and expansive 800-square-foot balcony capture the vibrancy of the Las Vegas Strip.

Las Vegas homebuilders record best year since 2006

KB Home took the top honors in 2021 as the No. 1 new homebuilder in Southern Nevada as builders recorded their best year since 2006. KB, which held the top spot in 2020 as well, sold 2,158 homes in 2021, a 36 percent increase over the 1,586 sales in 2020, according to Las Vegas-based Home Builders Research.

THE LATEST
Pool repairs get bogged down in paperwork for homeowner

There are some fights worth fighting. In your case, you should just complete the architectural request and not delay any more time in repairing your pool. I would need to review your architectural guidelines for a more definitive response.

Downtown Summerlin to ring in Year of the Tiger

After a one-year hiatus, Downtown Summerlin is bringing back its popular Lunar New Year parade and celebration. On Feb. 1, the Lunar New Year Parade, marking the Year of the Tiger takes place at 6 p.m. along Park Centre Drive. The parade kicks off a two-week celebration of Asian culture.

Toll Brothers opens Everleigh in Cadence; open house slated for Jan. 29

Toll Brothers recently opened its second neighborhood, Everleigh, in Cadence, a 2,200-acre master-planned community in Henderson. Everleigh, featuring single-story homes, will host an open house Jan. 29 from 10 a.m. to 5 p.m.

REAL ESTATE BRIEFS: JAN. 27

TSK has been honored for design excellence by the American Institute of Architects (AIA) Nevada. Nationally, AIA has a network of architecture professionals that boasts 95,000 members. TSK received one top honor in the unbuilt category, medical education building, for the Kirk Kerkorian School of Medicine and a second top honor in the built category, commercial architecture, for the Las Vegas Convention Center Phase 2 Expansion.

Builders add projects as luxury real estate surges

The uber Summerlin resort community the Summit Club — the home to Celine Dion, Vegas Golden Knights owner Bill Foley and billionaires of industry — may be expanding beyond its 555 acres as the development seizes upon the strong demand that’s also permeated through the entire new-home luxury segments in Las Vegas.

Four Las Vegas master plans rank in nation’s top 11

Las Vegas placed four master plans in the top 11 and five in the top 25 in the nation, and homebuilding shows no signs of slowing down in those developments in 2022.

2021 was record-breaking year for sales, prices

For more than a year, we’ve been breaking records virtually every month — especially when it comes to the rising price of homes sold here in Southern Nevada.

HOA boards have important role to play in communities

In the last two columns, I have talked about the roles of the homeowner and the homeowners associations’ management companies. Finally, we come to the role of the board of directors. By law, this role encompasses such legal terms as fiduciary obligations, duty of care, application of business-judgment rule, good faith (Nevada Revised Statute 116.3103). Board members sign a document for the state that they have read and understand the governing documents of the association and NRS 116 to the best of their ability. (NRS 116 31034 (15).

Taylor Morrison opens Castellana at Redpoint in Summerlin

Taylor Morrison, one of nine national homebuilders developing homes in Summerlin, has announced the opening of Castellana in the district of Redpoint in Summerlin West. Located west of the 215 Beltway north of Far Hills Avenue, the Summerlin West area is now taking shape on a beautiful expanse of elevated land overlooking the valley with select vistas and vantage points throughout.

Juhl announces record December 2021 sales

Juhl, the loft-style luxury condominium community that spans an entire city block in downtown Las Vegas, announces record sales of 21 condos valued in excess of $12,700,000 in December 2021, leaving fewer than 100 Juhl condo-homes remaining available for sale.

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