Power centers, lifestyle centers, strip malls, freestanding pads all encompass retail with existing properties, ground leases and new construction. Even after the pandemic convinced everyone that brick-and-mortar shopping was done for, people still go shopping. There's something about browsing tangible goods, mingling with other shoppers, meeting a friend for coffee, and going … [Read more...] about Experiences and Retail Therapy
Tim Deters
Multifamily in NevadaDemand in Flux
The past few years saw Nevada multifamily housing demand skyrocket as inbound migration came and the single-family housing market was white hot. The U.S. multifamily market continues to be greatly in need of more units, and while the Las Vegas market has dropped a bit in terms of national markets, Nevada is also in desperate want of more developments. According to the … [Read more...] about Multifamily in Nevada
Uncertain TimesMultifamily in Nevada
April was set to be yet another busy month for sales of apartment complexes in Nevada, one of the hottest multifamily markets in the country. And then, all of sudden, it wasn’t. After state and local governments mandated business closures — with resulting job losses — to battle the COVID-19 pandemic, multifamily investors, developers and managers stepped back … [Read more...] about Uncertain Times
Tim Deters
President & CEO, TRU Development Co. Type of Business: Real Estate DevelopmentBased: Las Vegas, NVHails From: Rockford, IL Years Co. has been in Nevada: 5Years with Company in Nevada: 5Employees with Company: 12 Who in your life has been instrumental to your success? My family, they are my motivation and my driving force each day. What was your first job? … [Read more...] about Tim Deters