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IS Luxury ranks No. 1 luxury brokerage

There’s a change at the top of the luxury brokerage rankings in Las Vegas with newcomer IS Luxury overtaking Berkshire Hathaway HomeServices to closeout the 2023 standings that saw a 17 percent drop in the value of those higher-end transactions.

SNHBA names Tina Frias as CEO

The Southern Nevada Home Builders Association has named Tina Frias, the most recent senior director of aviation at Harry Reid International Airport, as its new CEO.

FINCEN’s position unclear on HOA beneficial ownership

FINCEN may consider community managers as having substantial control under the other provisions of that regulation as well. At this time, it is unclear what FINCEN’s position on this issue will be.

Summerlin introduces new urban trail design

Today, Summerlin land planners will incorporate another novel approach to transportation via an urban trail design to expand access for cyclists and pedestrians connecting them to a future planned urban center in Summerlin West.

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Late novelist’s Boulder City estate is up for auction

Best known for the fantasy series “The Sword of Truth” the late novelist Terry Goodkind’s Boulder City estate is going up for auction.

A new anti-money laundering law will affect HOAs

In a recent email from U.S. Sen. Catherine Cortez Masto, she confirmed that most community associations will be subject to the Anti-Money Laundering/Corporate Transparency Act.

REAL ESTATE BRIEFS

Commercial Alliance Las Vegas (CALV) is hosting a free event starting at 8:30 a.m. on April 4 at the Las Vegas Realtors building at 6360 S. Rainbow Blvd. giving prospective members an opportunity to learn more about CALV.

Tour de Summerlin returns April 20

Tour de Summerlin, Southern Nevada’s longest running cycling event, returns to the community April 20. Presented by Howard Hughes, developer of Summerlin and Downtown Summerlin, Tour de Summerlin is expected to draw more than 500 cyclists.

First look at Cello Tower in Symphony Park

Origin at Symphony Park, the new mixed-use development by Red Ridge Development, has unveiled a first look inside Cello Tower.

HOA says it can’t afford management company

You do not need a licensed manager if your board takes the responsibility of managing your association.

Lennar showcases Hampton in Cadence

Hampton, Lennar’s newest neighborhood at Cadence, has officially started selling. Hampton features three floor plans, including the Rhett, Ramsey and Reid — town homes with versatile spaces.

NAIOP Southern Nevada announced its Spotlight Awards

NAIOP Southern Nevada, an organization representing commercial real estate developers, owners and related professionals in office, industrial, retail and mixed-use real estate, honored the best in the industry at its 27th annual NAIOP Spotlight Awards.

Summerlin offers ready-to-move-in homes

The master-planned community of Summerlin offers nearly 100 unique floor plans in approximately 20 neighborhoods throughout nine distinct villages and districts. Homes are available in a variety of styles — from single-family homes to town homes, priced from the $400,000s to more than $1 million. For those looking for quick or immediate occupancy, there are dozens of homes in a variety of styles and price points that are move-in-ready or will be completed within a few months.

2024 New American Home sells for $10.17M

The Las Vegas luxury home market picked up steam by posting its best February in history with sales of the 2024 New American Home in Ascaya and a Summerlin estate to Las Vegas Raider defensive end Maxx Crosby. That momentum continued this month with a sale of a mansion in The Summit Club for $19.7 million.

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