Coldwell Banker Premier Realty

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Commercial Real Estate Breifing

Improving Conditions
Posted: October 23, 2014 at 3:42 PM by John McClelland

Each sector of the commercial real estate market was severely impacted by the recession and it has been a long grind from the bottom. Things have improved substantially since, with some recent noteworthy improvements in occupancy rates and some bumps in asking rents. In addition, supporting fundamentals look far better than just a short time ago. As a result some end-users and investors are again interested in the local market and we have observed a lot of convexity in price, although some prices remain bel read more

The Little League World Series turns the spotlight up on the REAL Las Vegas!

Little League Baseball!
Posted: August 25, 2014 at 8:49 AM by Trisha Roche

Las Vegas has always been known for fantastic entertainment, gaming, fine dining….and a little ‘what happens in Vegas, stays in Vegas’ action.  What most may not know about our wonderful city is that outside of the Strip, the Las Vegas Valley is truly a dynamic family and civic community topped off with amazing weather, which is perfect for our many outdoor leagues and activities (we’re still tooting our horn about being named National Geographic’s Top Adventure Town a fe read more

New Home Update

Posted: August 21, 2014 at 12:42 PM by John McClelland

Although for sale inventories of existing homes in Las Vegas are elevated above the lows of last year, new homes remain a sought after option by many buyers. We have many buyers that have either recently closed on a home or have homes waiting to be built. Coinciding with this demand, incentives have been falling. Traffic levels have subsided generally, throughout the Valley but there are some home types that continue to receive a lot of interest. Single story homes with more than two garage bays have b read more

IKEA’s Meatballs Are Coming to Town

and other developments
Posted: July 22, 2014 at 11:35 AM by John McClelland

IKEA’s Meatballs Are Coming to Town By: Michael Sadler Late 2015 early 2016 IKEA, world-renowned furniture retailer, will finally erect a store of its own in Las Vegas. This proposed IKEA store will be located on the Bruce Woodbury 215 Beltway near the Durango and Sunset exit. The closest one to Las Vegas is currently in West Covina, CA. The demand has been so great for an IKEA in Las Vegas, that there are companies that will go to California to pick up the furniture for you. In fact read more


Yes, interest continues
Posted: July 16, 2014 at 4:48 PM by John McClelland

Class A multifamily continues to be one of the most favored asset classes both nationally and in Las Vegas. In some U.S cities, capitalization rates are as low as they have ever been, particularly in Tier 1 cities with asking cap rates in the 4% - 6% range.1  Clearly some investors believe that they can push rent growth further. One should be cautious of this approach since there is an incentive to add new supply, which has been constrained by recession era risk aversion by both developers and lenders. read more