How is COVID-19 Affecting the Las Vegas Land Market? 2020 Land Auction Results
Who knew that the Clark County Aviation Property Auction would be an extraordinary market timer?
The department recently finished a surplus vacant land auction, including 157 acres of property valued at $71.3 million, spread across 16 lots. Of the lots sold, nearly all of them sold at, or well above, their projected market value. Read More
Nearly half of the $46 million required for the development of the Rancho Santa Fe Interchange and Parkway was secured last week. The proposed infrastructure will be an asset to the city of Kingman, which finds itself well-positioned to become a major hub for transportation and industrial activity in the Southwest United States. Sunbelt’s managing partner, Bill Lenhart, plans to work with the private sector to head a public-private partnership to secure the final $26 million. The plan is to raise $13 million privately and have the City of Kingman provide the final $13 million to meet the required $46 million needed to fund the infrastructure project.