Image
Uri Vaknin is a partner at KRE Capital.

While I have only lived here a few years, I am already a proud Las Vegan and Nevadan. I relocated here in 2014 after my firm, KRE Capital LLC, took a major bet on Las Vegas, investing in the city’s condo market with the purchase of a portfolio of more than 1,300 total residences — a move that many thought was crazy. While we were bullish on Las Vegas then, we are even more so today for a variety of reasons and believe there has never been a better time to invest in real estate in Las Vegas.

What we understood in 2013 is now becoming reality. Las Vegas, already a world-class destination for hospitality and tourism, is becoming a world-class city thanks to smart city initiatives and cutting-edge advancements like autonomous vehicle testing, transportation infrastructure investment and the creation of an Innovation District in downtown Las Vegas; the opening of the UNLV School of Medicine and accompanying evolution of the surrounding Las Vegas Medical District; a law school at UNLV that is catapulting in the national rankings, and the addition of major league sports including the Vegas Golden Knights, the Raiders, Las Vegas Lights, the WNBA Stars and a new stadium for the Las Vegas 51s; and hopefully soon, the development of a first rate art museum to complement the burgeoning cultural community created by the Smith Center…