Market Softening But Still Positive: Colliers Las Vegas Releases Second Quarter Market Report
Colliers International Las Vegas announced today the release of their second quarter market reports. While Southern Nevada’s commercial real estate market showed some softening...
NAI Vegas Brokers $20 Million Hotel Sale
NAI Vegas Brokers $20 Million Hotel Sale
Las Vegas, NV (September 26, 2022) – NAI Vegas is pleased to announce the sale of the former...
Current Rates: July 2021
Through the ups and downs of the pandemic, a few CRE sectors remained stable and continue to perform well. These include industrial, self-storage facilities,...
NAI Vegas Sells Red Roof Inn Las Vegas
Las Vegas, NV (03/07/2022) – NAI Vegas is pleased to announce the sale of the historic, 199-room, Red Roof Inn Las Vegas. The property...
CommCap Advisors Finance the Construction of Aloft Hotel for +$17 Million!
Understanding the unfavorable market conditions for hotel construction, the borrower enlisted an out of state Mortgage Banker specializing in hospitality. After several months, he...
Colliers | Las Vegas Exclusively Lists Rare Undeveloped Resort Corridor Property For $12.9 Million
LAS VEGAS (May 12, 2021) – Colliers Las Vegas announced its Chairman Mike Mixer, SIOR is exclusively representing a rare undeveloped H-1 zoning property for...
CommCap Advisors Finance the Acquisition of La Palm Despite Existing Short Term Rental Operations
The borrower was acquiring La Palm Motel with the intent to transition to a traditional multifamily operation.
Despite the existing short term rental operation and...
CommCap Advisors Restructures Debt on Marriot Hotel!
Due to the pandemic, the borrower faced construction delays and a potential maturity default. Since Andy Crawford, CCIM had successfully closed multiple loans with...
NAI Vegas Recent Transactions
Sale Transactions
Sale of the ±15,864 square foot industrial building located at 8945 Bronco Street in Las Vegas. The property sold for $4,150,000. Eric...
CommCap Advisors Finance Hampton Inn & Suites In Carson City
The Carson City request faced limited options for refinancing as typical CMBS and Life Insurance loans weren’t suitable for the borrower’s objectives. The borrower...