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. Neverth... read more

  96   sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } .forceBgColor{background-color: white !important} More than ever, multigenerational homebuying is emerging as a popular, strategic response to affordability challenges. If buying a home feels increasingly out of reach, you're not alone. But you don't have to face this challenge by yourself. More than ever, multigenerational homebuying is emerging as a popula... read more

The state Department of Employment, Training and Rehabilitation has reported that the unemployment rate for the state has dropped to 13.2% while Clark County dropped to 13.3%. This was the first year-over-year increase in 38 months. While the unemployment rate remains elevated, at least this rate drop was due to evidence of job creation rather than a disapearance of individuals in the labor force. March was merely one month but after such a long period of weakness, any encouragement has been taken with open arms. ... read more

  Multi?Generational Homebuying: How Families Are Winning Together 96     sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% }   .forceBgColor{background-color: white !important} More than ever, multigenerational homebuying is emerging as a popular, strategic response to affordability challenges. If buying a home feels hard right now, you’re... read more

A survey by our friends at John Burns Consulting indicates that Mountains Edge and Providence continue to be among the top selling masterplans in the U.S. Ultimately, Providence is expected to include nearly 7,500 homes. Mountains Edge will be nearly 12,500 homes. Both projects are Focus Property Group developments.  Summerlin, which has been a national leader in sales for years, also continues to be a good seller. Last year Howard Hughes did several deals with homebuilders to develop on some of the western b... read more