Industry News

Kaktus Life III – Drone Footage November 9, 2017

By Kelly Kwasniewski | December 7, 2017
Read More

Kaktus Life I Goes Vertical

By Kelly Kwasniewski | December 4, 2017

On August 21,2017, Whiting Turner began laying the ground work with underground utilities, offsite improvements and grading for a 210 multifamily project with 21,600 square feet of boutique style space designed as tenant amenities.  The property is located at 10650 Dean Martin Drive minutes away from the new Las Vegas Raiders stadium, McCarran International Airport and […]

Read More

TRU Development Closes on a $41.5MM Construction Loan

By Kelly Kwasniewski | November 10, 2017

TRU Development closed on a $41.5MM construction loan with Goldman Sachs on November 8, 2017. The loan will fund our Kaktus Life I project located at 10650 Dean Martin Drive, Las Vegas. The project is designed for 210 multifamily residential apartment units and 21,600 square feet of retail, restaurants or professional space. Kaktus Life I […]

Read More

Grether & Grether: Newest Adaptive Reuse Downtown Los Angeles

By Kelly Kwasniewski | November 2, 2017

Grether and Grether, a registered historic landmark, was originally commissioned in 1921. It now boasts 13,856 square feet of retail and mezzanine space and 72 luxury lofts. The lofts are a mix of studio and one-bedroom units overlooking either Santee Court or Los Angeles Street. This historic restoration shows a pride of ownership with desirable […]

Read More

Las Vegas MSA: Job Growth Rate 2.3 percent

By Kelly Kwasniewski | October 31, 2017

Las Vegas MSA grew 21,600 jobs Y-o-Y on a trailing 12-month basis. Employment at record highs and no signs of abating. Las Vegas lost 134,400 jobs during the recession, a decline of 14.4 percent. Since bottoming out, the region has added 183,900 jobs, an increase of 23.1 percent. Employment currently stands 49,500 higher than the […]

Read More

Who is renting now? Millennials and Retirees

By Kelly Kwasniewski | October 20, 2017

The largest population cohort, Millennials, are entering their prime spending years. This cohort is described as The Sharers, as coined in the book Big Shifts Ahead: Demographic Clarity For Business. Sharers are marrying later in life, have more student debt and are more interested in capturing the best social media photo on an adventure than purchasing a […]

Read More

LA Fashion District: An Urban Dinner Party

By Kelly Kwasniewski | October 13, 2017

October 12,2017 the LA Fashion District BID hosted a wonderful dinner party located at City Market South. All the proceeds from the event went to benefit the LA Fashion District public arts program. The award winning chef Steve Samson of Rossoblu prepared a flavorful, four course, Italian dinner al fresco. The night was beautiful and […]

Read More

Millennials Will Rent

By Kelly Kwasniewski | October 6, 2017

All signs lead to renting as Millennial generation enters their prime spending years.  Millennials are marrying and having families later in life, which has created a new demand for housing particularly in the rental market. The Millennial cohort is comprised of approximately 92 million people and will far exceed the baby boomer cohort by 15 […]

Read More

DCBID: Los Angeles 2017 Q2 Market Report

By Kelly Kwasniewski | September 29, 2017

The Downtown Center Business Improvement District (DCBID), a coalition of nearly 1,700 property owners in the central business district of Downtown Los Angeles and formed in 1998, is transforming the Fashion District area into a vibrant Urban Hub centered around the idea of live, work and shop! DCBID published the 2017 Q2 Market Report. Some of […]

Read More

Kaktus Life III: Ground Breaking News 09.27.17

By Kelly Kwasniewski | September 28, 2017

We have some exciting news! Kaktus Life III located at 8030 W Maule Ave., Las Vegas has officially started construction September 27, 2017. This is our Class A mixed -use development opportunity with 608 multi-family units and 5,000 sq. ft. of retail space. If you are interested in learning more about our projects, contact our […]

Read More