Apple Plans $1B Nevada Data Center Expansion

Apple Plans $1B Nevada Data Center Expansion

Apple plans a $1-billion expansion of its massive data center east of Reno, NV, doubling its investment and roughly tripling its workforce at the technology campus in the Truckee River canyon.  Reno also approved a plan by Apple to build a $4-million shipping and...
1,150-Acre Las Vegas Land Site Listed for $90M

1,150-Acre Las Vegas Land Site Listed for $90M

NKF is bringing to market 1,150 acres of contiguous land in Las Vegas at Mount Potosi Canyon Road. Listed at roughly $90 million, the site has been approved as a master-planned residential community with 1,250 proposed units — ranging from single-family homes on...
Bascom Completes $235M 11-Property MF Portfolio Refi

Bascom Completes $235M 11-Property MF Portfolio Refi

The Bascom Group, LLC completed a $235-million refinance of an 11-property multifamily portfolio spanning five states. Most the new loans are interest-only with spreads over LIBOR ranging from 180 bps to 200 bps and interest-only periods of 24-36 months. CBRE’s Brian...
NKF Handling Las Vegas Strip Sale for Passco

NKF Handling Las Vegas Strip Sale for Passco

Silver City Plaza, a 100%-leased retail center at the epicenter of more than $10 billion of development activity on the Las Vegas Strip, has been listed for sale. NKF is handling the listing for Irvine, CA-based Passco Companies, LLC in a deal expected to garner...