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Annual Affordable Housing Conference: Las Vegas, Nevada

Gary Banner CCIM, Sr. Market Analyst for TRU Development received a special invite to attend the Annual Affordable Housing Conference hosted by Cohn Reznick at the Mandarin Hotel in Las Vegas, Nevada. The objective of this conference was to outline how affordable housing gets built. The “Low Income Housing Tax Credit” (LIHTC) was explained in masterly detail over the course of this three-day conference. TRU Development believes in affordable housing and is seeking to incorporate these incentives into our future development projects. Contact our office today at 702-545-0355 and ask for Kelly Kwasniewski to connect with our staff and learn more about our projects.

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

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 7-0 vote. This project is situated on 130 acres located on the southeast corner of Las Vegas Boulevard and Sunset Road and features a 15-story hotel, white water rapids, indoor mountain biking and much more. CLICK HERE to read the full article By Eli Segall Las Vegas Review-Journal.

TRU Development stays on the fore front of all breaking new project and community initiatives her in Las Vegas, California and Hawaii. To learn more about our market research and investment opportunities call our office today 702-545-0355 and ask for Kelly Kwasniewski.

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The Curve @ 215: Kaktus Life III

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 preview the full article in the Las Vegas Review Journal.

 KAKTUS LIFE III is a mixed-use development opportunity with 608 multifamily residential units and 5,000 square feet of retail situated on 16.93 acres. For more information about this project and others presented by TRU Development please CONTACT Kelly Kwasniewski at 702-545-0355 today to learn about investment opportunities.

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Banner Report: Q3 2017 Las Vegas Multifamily

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 correlation to cycle model.
  • Snapshot Las Vegas Apartments
  • Big Picture Indicator

ABOUT THE AUTHOR:

GARY BANNER, CCIM
Sr. Market Analyst | Multifamily
Gary Banner is a real estate consultant that specializes in multi-housing in the southwest region of the United
States. Guiding both institutional and high net worth clients in acquisitions, sales, condo-conversions and site
selection for multi-housing. Gary’s background includes, commercial mortgage banking, brokerage sales, market
studies and expert witness experience over a span of twenty-three years. He holds the prestigious commercial
real estate distinction, Certified Commercial Investment Member – CCIM, and was presented with the CoStar
Power Broker Award in 2013.

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Big Ideas: 2045 Downtown Las Vegas

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 that the developers/businesses will experience as we transition through this environment. At TRU Development we pride ourselves on engagement within our communities like The Downtown Master Plan in Las Vegas.

 

For more information about The Vision 2045 Downtown Las Vegas Master Plan   CLICK HERE