Monthly Archives: April 2015

Strip room rates fluctuate around Mayweather-Pacquiao fight

Posted by Las Vegas Sun Stories: Business and Economy on April 30, 2015
Las Vegas Sun / Comments Off on Strip room rates fluctuate around Mayweather-Pacquiao fight
The imminent “fight of the century” at the MGM Grand Garden Arena has caused room rates on the Strip to skyrocket recently, but it seems that some, at least, have now dropped ...

Allegiant, Teamsters fighting over executive pay

Posted by Las Vegas Sun Stories: Business and Economy on April 30, 2015
Las Vegas Sun / Comments Off on Allegiant, Teamsters fighting over executive pay
The union, which owns a miniscule portion of Allegiant’s stock, is pushing back against the Las Vegas-based discount airline’s $8.5 million payout to former president and chief operating officer Andrew Levy following his resignation ...

$100 million for a home? Luxury buyers reach a new threshold

Posted by Las Vegas Sun Stories: Business and Economy on April 30, 2015
Las Vegas Sun / Comments Off on $100 million for a home? Luxury buyers reach a new threshold
The poshest of luxury homes are acquiring the cachet of a masterwork by Picasso or Matisse. Rather than settle for garages of antique cars or a museum's worth of paintings, billionaires are increasingly willing to pay $100 million for homes that can serve as showcases for their fortunes, according to ...

Las Vegas Professional For Lease

Posted by Colliers on April 30, 2015
Exclusives / No Comments

Centennial Business Park
6690 Grand Montecito Pkwy Bldg A
Las Vegas, NV 89149
Available SF: ±3,194

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Fewer Las Vegas visitors in March, 3.6 million total

Posted by Las Vegas Sun Stories: Business and Economy on April 30, 2015
Las Vegas Sun / Comments Off on Fewer Las Vegas visitors in March, 3.6 million total
Tourism officials say the number of visitors to Las Vegas dropped off in March to 3.62 million people. The Las Vegas Convention and Visitors Authority released ...

Pleasanton/Tri-Valley Q1 2015 Industrial Market Report

Posted by Colliers on April 30, 2015
Market Reports / No Comments
The Tri-Valley industrial market closed the quarter on a relatively flat note...

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China’s Fosun to Develop Luxury Property in New York

Posted by WSJ on April 29, 2015
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Fosun is planning to develop its second real estate foray in New York as it ramps up expansion.

Financial Giants Set Up Tech Hubs in Manhattan

Posted by WSJ on April 29, 2015
Wall Street Journal / Comments Off on Financial Giants Set Up Tech Hubs in Manhattan
Several big-name financial services firms are opting to set up tech divisions in prime Manhattan real-estate markets outside of their headquarters because many increasingly see themselves more as technology companies.

Gaming revenue in March down on the Strip, statewide

Posted by Las Vegas Sun Stories: Business and Economy on April 29, 2015
Las Vegas Sun / Comments Off on Gaming revenue in March down on the Strip, statewide
Nevada gaming revenue declined again in March, thanks to a steep drop on the Las Vegas Strip, the state reported today. The Gaming Control Board said ...

Penn National to pay $360 million for the Tropicana

Posted by Las Vegas Sun Stories: Business and Economy on April 29, 2015
Las Vegas Sun / Comments Off on Penn National to pay $360 million for the Tropicana
Penn National Gaming said this morning that its purchase of the Tropicana will cost $360 million. Penn confirmed Tuesday that ...