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Houston Rockets, Tilman Fertitta
News

Houston Rockets Owner Grabs 4.5 Million Shares In Las Vegas Casino Operator Caesars

... proposed merger would have put Fertitta in charge of the Las Vegas casino operation, and Caesar Entertainment would have absorbed Fertitta's ...

Feb 19, 2019
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Vegas Hard Market to Crack
News

Vegas Hard Market to Crack

... with Oaktree Capital, 1M SF in Las Vegas for $115M. CIP principal Eric Smyth tells us Las Vegas is a good market to target ... us the cost to reproduce industrial and office product in Vegas is expensive compared to other Western markets because of land ...

Aug 18, 2014
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Las Vegas And Value-Add Properties Offer Solutions For Crowded Industrial Market
News

Las Vegas And Value-Add Properties Offer Solutions For Crowded Industrial Market

... CapRock just closed two deals in Las Vegas. We see a lot of opportunity there.” Las Vegas has continued to diversify its economy ... lower rental prices and greater labor availability. In North Las Vegas, VanTrust Real Estate is developing a 120-acre industrial ...

May 11, 2017
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Vegas Here We Come
News

Vegas Here We Come

... to keep the party relatively small and intimate — which by Vegas standards means perhaps 600 or 700. No program, no speeches ...

Feb 13, 2015
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LAS VEGAS: Heard at ICSC
News

LAS VEGAS: Heard at ICSC

Increased retail activity is causing owners to rethink existing properties, Cushman & Wakefield Americas retail head Matt Winn told us on the floor this week at ICSC. Dormant shopping centers are having to evolve, he adds, which means adding a unique mix ...

May 21, 2014
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VEGAS UPDATE
News

VEGAS UPDATE

Our publisher snapped these pics of so-called “CityCenter” in Las Vegas last week. It’s the most expensive private development in ...

Jan 11, 2010
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The Strat Casino Resort Las Vegas
News

Vici Buying Assets Of Vegas Casino Owner For $1.2B

... a portfolio including Excalibur, Mandalay Bay, MGM Grand Las Vegas and Luxor on the Las Vegas Strip — in 2021 for $17.2B. ... purchase is happening amid headwinds putting downward pressure on the Las Vegas gambling and tourism scene. Visitation fell 11% year- ...

Nov 06, 2025
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Gambling Gives Way To Gourmet: The Rat Pack Wouldn’t Recognize The Vegas Of Today
News

Gambling Gives Way To Gourmet: The Rat Pack Wouldn’t Recognize The Vegas Of Today

... renovation that will result in its rebirth as Virgin Hotels Las Vegas. Hard Rock majority owner Brookfield Asset Management sold the ... equation, it’s very profitable.” Leaving (The Old) Las Vegas In Vegas, Bosworth isn’t ready to entirely write off the gaming ...

Jun 17, 2018
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Las Vegas Strip
News

Howard Hughes' $1.8B Mark Wahlberg-Backed Vegas Studio Project Clears Local Approval

... of the Summerlin master-planned community, which stretches between the Las Vegas commercial district and Red Rock Canyon National Conservation Area.  Plans ...

Mar 21, 2024
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Real Estate Giants Roll The Dice On Growth In Vegas. Is There Still Room To Run In The Desert?
News

Real Estate Giants Roll The Dice On Growth In Vegas. Is There Still Room To Run In The Desert?

... up with Apollo to buy the Venetian from Las Vegas legend Sheldon Adelson’s Las Vegas Sands. VICI bought the real estate for ... . “We overexpanded and we got too expensive. But Las Vegas always evolves and reinvents itself, and people really considered ...

Jun 08, 2023
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