Brian Wargo

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Recent Stories (view all stories)

Construction nears standstill: Commercial sector enters ‘drought’ with demand staying low; Saturday, Nov. 7, 2009; Research firm Applied Analysis reports nine commercial projects of consequence under construction off from the Strip in Southern Nevada. Once most of those projects wind down next year, development will essentially cease, one analyst says.
Home-price projections vary for LV’s ‘basket case’ market: Friday, Nov. 6, 2009; What’s going to happen to Las Vegas home prices over the next year? It depends on whom you ask.
LV Chamber offers small biz legal help: Friday, Nov. 6, 2009; Small businesses with little cash to seek out legal advice are taking advantage of a new program set up by the Las Vegas Chamber of Commerce.
Commercial building headed for standstill: Friday, Nov. 6, 2009; The construction crane only a few years ago was jokingly called the state bird of Nevada, but that era of growth has passed and by the second quarter of 2010 commercial construction in Las Vegas will come to a virtual halt, according to local analysts.
SunCal buys home lots after Kimball Hill liquidation: Thursday, Nov. 5, 2009; Land acquisitions of home lots by builders, developers and investment groups continue to pick up. SunCal Companies has purchased the lots formerly owned by Kimball Hill Homes as part of its liquidation.
Banks seeing advantages of home short sales: Lenders might get more money, faster, than through foreclosure; Monday, Nov. 2, 2009; A prominent real estate analyst says banks are showing more interest in working with financially pinched homeowners in the sales of their “underwater” homes by agreeing to take some of the hit themselves.
Experts say economy crushing Las Vegas real estate market: Friday, Oct. 30, 2009; The sagging economy will weigh on the Las Vegas real estate market and boost foreclosures on residential and commercial properties, according to a panel of local business executives. The group, composed of a lender, a bankruptcy attorney and a consultant, said the Las Vegas recovery will lag not only the nation but competing markets such as Phoenix.
Retail sector to suffer 'next several quarters': Friday, Oct. 30, 2009; Analysts are predicting more bad news for the retail real estate business as weak consumer confidence and a sagging job market will hurt development and push up vacancy rates.
Valley job losses driving apartment vacancies: Friday, Oct. 30, 2009; A real estate research and investment firm predicts apartment vacancies will rise into 2010.
Q&A: Frank Gatski: Chairman and CEO of Gatski Commercial Real Estate Services; Friday, Oct. 30, 2009; It’s an industry under assault, and Frank Gatski is right in the middle of it.

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Recent Blog Entries (view all entries)

Vegas company sues Irish partner over condo development: Wednesday, April 30, 2008; The Las Vegas-based co-developer of an upscale condominium project in the southwest valley filed a lawsuit today accusing its Irish partner of hijacking the development.