Although the existing home market has been rebounding in recent months with sales running ahead of last year’s pace, the new-home market remains in the doldrums. One national builder has called the third quarter “one of the most difficult in homebuilding history.” When Congress and the Bush administration enacted a housing stimulus bill in July, many expected [...] [...more]
Having spearheaded a number of million-dollar projects in Las Vegas, Michael Nigro has thorough knowledge of the thousands of things that can thwart construction. A key challenge to real estate development now is financing, the president of Nigro Construction said. Credits: Review Journal [...more]
Pardee Homes was among the first home builders to open within the master-planned Mountain’s Edge community with its Montelano neighborhood in late 2004. Today Pardee continues as a trailblazer at Mountain’s Edge, where the builder recently opened its sixth new home neighborhood. “Pardee Homes has been building in Southern Nevada for nearly 60 years, and we’re [...] [...more]
One of Henderson’s largest private employers has sold land adjacent to one of its big properties — the Fiesta Henderson — to a developer who wants to build apartments for casino employees who would then be able to walk to work. But there’s a hitch: The builder wants permission to build 50 percent more units per [...] [...more]
