Latest Posts Under: Apartment

A 200-unit apartment complex near the Strip has sold for $33 million, real estate agents announced Wednesday.

The Palms Apartments, 713 E. Sahara Ave., sold to an undisclosed buyer on May 2 through a limited liability company in California, Clark County property records show. The seller was Miami-based Florida East Coast Realty, LLC records show. It previously envisioned turning the site into a luxury residential property, according to the company’s website.

The two-story garden-style complex has units with up to three bedrooms and two bathrooms, ranging from 700 to 1,500 square feet, according to Coldwell Banker Commercial, which represented the buyer.

“This older, vintage property provided my client with a great value-add opportunity in a very hot market. They have an extensive Capex plan and are excited to add this to their Las Vegas portfolio,” Thomas Dean, who represented the buyer for Coldwell Banker Commercial Premier, said in a news

In the infosecurity world, this was the 5 a.m. phone call that many feared, but few were prepared to handle.

In the early hours of May 7, 2021, a Colonial Pipeline worker discovered a ransom note inside the company’s IT systems. Threat actors linked to the DarkSide ransomware organization had gained access to an outdated VPN account. 

The compromise, leveraged to encrypt data on the company’s systems, left Colonial’s massive operational technology (OT) network, including a 5,500 mile pipeline, at risk of remote takeover. 

For days, millions of Americans on the East Coast, from small business owners to commercial truckers, faced lines at the gas pump not seen in the U.S. since the ’70s. Gas prices shot up, consumers began to hoard dwindling supplies and numerous fuel stations shuttered as Colonial, the largest U.S. refined oil supplier, held secret negotiations to regain access to its computer systems. 

“Colonial Pipeline is