Industry News

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]