LAS VEGAS-Vegas developer Cambridge Companies, LLC, has formed a joint equity partnership agreement with a family office in San Francisco, structured by Pelican Point Capital Partners, Newport Beach, CA.

"We look for value-added opportunities in land acquisitions and land rezoning, as well as residential and commercial development. Our investments are made in projects with healthy return potentials, combined with a discernible social impact," said Filipp Chebotarev, Cambridge Companies chief operating officer.

City analysis from Colliers International, Cambridge says that in 2014, Las Vegas construction projects are expected to re-energize the economy.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.