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REAL ESTATE BRIEFS

Cushman Wakefield has advised on the sale of The Lennox, a luxury apartment community in Las Vegas, Nevada. Constructed in 2015, the 100-unit “A” class multifamily asset is located at 430 E Cactus Road and sold to an undisclosed buyer for $38.5 million, or $385,000 per unit.

Frequent condo false fire alarm sets off neighbors

If you can find the name of the alarm company for that house, you could contact them and ask for assistance. They most likely can disconnect the alarm.

Builder doubles down on Lake Las Vegas, plans 3 new communities

Buoyed by buyers looking for more open space in the pandemic era, Taylor Morrison has doubled down in Lake Las Vegas and purchased 122 acres over a span of six months and will open three new communities.

Summerlin celebrates women in community

Women’s History Month may be over, but the master-planned community of Summerlin continues to celebrate the accomplishments of women in its community who embody the Summerlin spirit of living their best lives, taking advantage of all the opportunities for happiness and success that the community offers.

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The benefits of purchasing a curated custom home

Luxury custom homebuyers now have more options than waiting up to two years to build their own home. Increasingly, they are choosing to work with licensed architects and builders who can deliver an evolved custom build experience — a completely unique and curated custom home in less time, with a more realistic price tag and without the many heartaches and frustrations that come along with a traditional custom build.

New American Home returns to Las Vegas with latest technology, innovations

The 2023 New American Home is under construction at 19 Rockstream Drive in the Ascaya, a luxury Henderson residential community. The showcase home unveils to event attendees during next year’s IBS, Jan. 31-Feb. 2 in Las Vegas.

HOA needs to find a way to maintain elevators in condo community

What happened to your reserves? Elevators would be covered under a reserve study, allowing the association to fund for their replacement and or repair. Your association should have been funding this expenditure since 1984.

Harmony Homes opens Quail Park in Cadence

Harmony Homes has begun sales in its second neighborhood, Quail Park, inside Cadence. Starting in the mid-$300,000s, the Southern Nevada-based builder offers two-story attached homes that are functional, stylish and designed to match the buyer’s identity.

Lake Las Vegas welcomes Reverie by Lennar

Lake Las Vegas’ newest neighborhood, Reverie by Lennar, has opened its model homes for preview. Reverie is one of several new-home neighborhoods coming to the award-winning Henderson master plan this year, with 105 single-story homes.

Luxury home market remains strong

The new-home luxury market, led by demand for uber high-end estates, continues its strong run in Las Vegas and shows no signs of slowing in 2022 despite rising prices and mortgage rates that could be felt by the industry as a whole.

Trilogy opens model homes in two communities

Trilogy in Summerlin is opening two new model homes beginning May 7. Trilogy Sunstone is still celebrating the grand opening of its eight new model homes.

Howard Hughes Corp. donates to city’s tree initiative

The Howard Hughes Corp. donated $25,000 to the city of Las Vegas’ tree initiative “Going Green for Good Health” to fund more than 60 mature, park-ready trees that will be planted this year.

Communities can get reputation for being difficult, unstable

If the general manager is an employee of the association, under NRS 116.31175 (4a), an owner is entitled to the number of hours worked, salaries and benefits. Those are the only records that the association is required to provide to a homeowner concerning the association’s employees.

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