Construction Dive
JULY 8, 2020
DesertXpress Enterprises LLC will pay California $842,000 each year to lease the right of way on Interstate 15. Meanwhile, the California High-Speed Rail Authority's $100 billion bullet train project has appeared to have stalled.
HardHatChat
DECEMBER 3, 2019
With the countdown on to 2020 – and the start of a brand-new decade right around the corner – it’s time for our annual look back at the commercial construction industry “highs” and “lows” from 2019. On the upside, the reason we’re feeling the effects of the manpower shortage is because there’s a truly robust construction pipeline out there.
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Pro Builder
MAY 18, 2023
Increased supply of newly constructed apartments has led to a vacancy rate of 6.4%, the highest in two years, and that availability is sending prices slightly lower. And in Las Vegas, the median lease was 5.7% and 8.9%, respectively. In contrast, some of the hottest pandemic destinations saw the biggest reversals.
Construction Equipment
MARCH 29, 2018
The Las Vegas Stadium Authority Chairman Steve Hill and Raiders President Marc Badain signed lease and development agreements to build a $1.8 billion, 65,000-seat stadium on Wednesday. Let’s build a stadium,” Hill said after shaking Badain’s hand. The new stadium will be the home of the NFL Raiders and UNLV Rebels
Construction Equipment
MARCH 29, 2018
The Las Vegas Stadium Authority Chairman Steve Hill and Raiders President Marc Badain signed lease and development agreements to build a $1.8 billion, 65,000-seat stadium on Wednesday. Let’s build a stadium,” Hill said after shaking Badain’s hand. The new stadium will be the home of the NFL Raiders and UNLV Rebels
Pro Builder
SEPTEMBER 17, 2021
John Burns Real Estate Consulting’s Single-Family Rent Index tracks 63 markets and found lease effective rates up 6% year-over-year in July, with the historical average being 3%. The SFR REITs combined portfolio is concentrated in four markets (Atlanta, Phoenix, Tampa, and Las Vegas) where leasing demand has been very high.
Pro Builder
JANUARY 26, 2022
The cost of leasing an apartment will rise nearly everywhere across the U.S., As growing vaccination rates and a stabilizing economy offer greater financial security at the start of 2022, rental demand is reaching new highs, according to Construction Dive. leading to rent increases in Sun Belt cities like Phoenix, Las Vegas, and Tampa.
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