Industry News

The Edge: $800M Extreme Sport Park on Las Vegas Strip

By Kelly Kwasniewski | September 8, 2017

There are no signs of the Las Vegas valley slowing down. With all the buzz of professional sports teams moving to Las Vegas and the continuum of the Downtown Las Vegas Revitalization, Las Vegas is slowly coming into its own. A new project called “The Edge” was just approved by Clark County commissioners in a […]

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The Curve @ 215: Kaktus Life III

By Kelly Kwasniewski | August 31, 2017

There was a great article in the Las Vegas Review Journal on August 22, 2017 By: Madelyn Reese that supports all the activity around our new project Kaktus Life III. David J Tina, president of the Greater Las Vegas Association of Realtors provided additional commentary regarding the demand of this now booming location. CLICK HERE to […]

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Banner Report: Q3 2017 Las Vegas Multifamily

By Kelly Kwasniewski | August 28, 2017

CLICK HERE to download the full report The newest edition of the Banner Report has just been released! INSIDE THE ISSUE: Why family offices high-net worth investors desire real estate allocations Jobs-to-Permits Ratio Remains Steady Too much apartment construction or not enough? (From CoStar) Banner Multifamily Cycle Model Explained¨; Local Real Estate momentum shows strong […]

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Kaktus Life I: Ground Breaking News

By Kelly Kwasniewski | August 23, 2017

We have some exciting news! Kaktus Life I located at 10650 Dean Martin Drive, Las Vegas is under way. This is our Class A mixed -use development with 210 multi-family units and 21,600 sq. ft. of retail space. If you are interested in investments opportunities with TRU Development contact Kelly Kwasniewski today at 702-545-0355 or […]

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Big Ideas: 2045 Downtown Las Vegas

By Kelly Kwasniewski | August 21, 2017

On August 10, 2017, Gary Banner CCIM attended and completed the AIA Nevada course called “Big Ideas: The Vision 2045 Downtown Master Plan”. The course focused on the fundamentals driving our growth and the positive impacts of planning and urban architecture, the aspects that will contribute to the success of the initiative and the challenges […]

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2015 Global Investment Statement Report

By TRU Development Co | May 11, 2017

Market momentum to continue, with 83% expecting a further rise in investment volumes in 2015. Jobs growth in metro markets fueling demand. After a weak, weather-impacted start to 2014, US economic growth accelerated in the second and third quarters. For the whole year, real GDP growth is forecast at 2.1%, to accelerate further to nearly […]

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Healing seen in Las Vegas commercial real-estate market

By TRU Development Co | May 11, 2017

By Jennifer Robison Las Vegas Review-Journal Southern Nevada’s homes market isn’t the only real estate sector seeing falling loan delinquencies. An improving economy means fewer commercial borrowers are in danger of default, too. New numbers from Trepp, a New York-based commercial real estate and banking research firm, show a substantial drop recently in late commercial […]

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Top 5 Predictions for the Multifamily Sector in 2015

By TRU Development Co | May 11, 2017

In the year ahead, demand for multifamily properties in urban areas and in the affordable housing sector will continue increasing, while appetite for luxury condos may slow down, predicts Byron Carlock, Jr., U.S real estate practice leader with consulting firm PwC. Carlock, whose past stints included the role of CEO and president of CNL Lifestyle […]

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