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The Weekly / MAY 17 2022

This week's newsletter includes topics about the affordable housing crisis, Switch, and more.

MAY 17 2022 / ISSUE NO. 24 / ARCHIVE

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This Week's Top Stories

How Southern Nevada is Fighting the Affordable Housing Crisis

As more people from expensive cities like Los Angeles and San Francisco are moving into the Las Vegas valley, home prices in Southern Nevada are no longer affordable for Las Vegas locals. "Home Means Nevada" cannot just be a slogan. The State and local municipalities must continue to fight the affordable housing crisis. This article is an overview of some of the affordable housing projects the state, Clark County, and City of Las Vegas are working on.

Switch to be Taken Private for $11 Billion by DigitalBridge Investment Management and IFM

Switch, a datacenter design, construction and operation technology company based in Las Vegas, Nevada, today announced it has entered into a definitive agreement with DigitalBridge Group and an affiliate of global infrastructure investor IFM Investors to be taken private in an $11 billion transaction.

DigitalBridge and IFM Investors will acquire all outstanding common shares of Switch for $34.25 per share in an all-cash transaction valued at approximately $11 billion, including the assumption of debt.

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Commercial Real Estate




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Vegas Business Digest is a forward-thinking, local digital media publication that focuses on Las Vegas business news and community. #HomeMeansNevada

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