The Las Vegas and Reno real estate markets show mixed trends across sectors.

In Las Vegas, hospitality thrives with high occupancy and record ADRs, while retail sees record-low vacancies and strong demand. Industrial and multi-family sectors face rising vacancies but maintain steady rental growth. Reno faces challenges in hospitality and industrial due to oversupply but remains resilient in retail and multi-family with stable rent growth and low retail vacancies. Both markets offer investment potential driven by sector-specific performance and demand.

In today’s quickly changing environment, we remain ready to assist you with your commercial real estate valuation needs at any time.