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In the News

A capture of the live stream courtesy of 10/17/19

The Economic Impact of The Raiders Coming to Las Vegas: What The “Raiders Effect” Means for Las Vegas Property Values

By | Market Watch, Las Vegas, In the News
It’s no surprise that there’s been ample talk about the Raiders’ upcoming 2020 move to Las Vegas—from what it will mean for tourism to how it will affect local life and, yes, parking on the Strip. Today, though, we wanted to look at the NFL’s arrival from an economic standpoint—both as it relates to the vitality of the local economy and as it relates to the price of land for sale in Las Vegas. Read on for recent stats and our top takeaways.

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Sunbelt Helps Secure $20 Million in Funding for Interchange and Infrastructure in Kingman, Arizona

By | In the News

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.

Read the full story in the Mohave Daily News

Sunbelt Closes on a Parcel Across the Street From the Newly-Announced Raider’s Stadium

By | Market Watch, Las Vegas, In the News
Property values spike and continue to rise in Las Vegas’ I-15 corridor with the announcement of the new Raider’s Stadium. Just across the street from the stadium’s site, Sunbelt has closed on one of its listings. This particular parcel of Las Vegas Land has more than doubled in price since the news of the Raider’s new home.  Sunbelt’s Managing Partner, Bill Lenhart explains what this land could be used for and what this might mean for property in southern Nevada.
Read the full coverage story by the Las Vegas Review Journal