As of late 2012, the mall was 89-percent leased out, although only 73 percent of the mall was occupied by tenants, as several had closed due to poor economic conditions.
The Boulevard Mall had the second lowest occupancy rate of Rouse Properties' 32 malls, located across 20 states.
The mall also had $168 million in debt from a loan, prompting Rouse Properties to surrender the mall to foreclosure in June 2013.
The mall was acquired by Midland Loan Services, related to PNC Bank.
The mall was valued at $61.2 million, and contained 1,180,000 sq ft (110,000 m²).
In July 2013, the lenders put the mall up for sale, with "best offer" as the listed price.
On November 21, 2013, the mall was sold for $54.5 million to Sansone Companies, a long-time Las Vegas real estate firm owned by local developer Roland Sansone.
The sale was announced 11 days later.
Sansone purchased 56 of the mall's 75 acres; the remaining acreage was owned by the Macy's and Sears stores.
The newly formed Sansone Companies/Boulevard Ventures LLC planned to keep current tenants and add new ones.
Boulevard Ventures LLC owns 56.15 percent of the mall, while 2495 Riviera LP has 43.85 percent ownership.

The Boulevard Mall is the oldest shopping mall in the Las Vegas Valley.
By the time of the purchase, the mall was considered to be dated and run down.
Sansone wanted to begin various renovations and sign up new tenants by summer 2014, with plans to conclude his overhaul of the mall in spring 2015.
Sansone planned to add unique tenants that were not usually associated with malls.
Among the new tenants that Sansone wanted were restaurants, a bowling alley, a miniature golf course, a movie theater, and a Hispanic/Filipino supermarket.
The first phase of renovations would include building repairs and the addition of drought-tolerant landscaping.
The mall's gray colors would also be replaced with new paint.
Other phases included the addition of a farmers' market and Wi-Fi in the food court, which would also be renovated to include four 80-inch televisions.
The 70-tenant farmers market would be located outside the mall's main entrance on Maryland Parkway, and would include a large play area for children.
New valet drop-off and pick-up areas were also planned.
The mall would remain open during the renovations.
Sansone's target clientele was working-class people.

Sansone launched his overhaul with a planned cost of $25 million.
Restaurant construction was underway inside the mall in March 2015.
At the time, general manager Timo Kuusela said about the mall, "Ten years ago, it was basically just packed with people all the time, and we had a lot more national tenants.
It made money with no effort.
Today, we really have to work to meet the needs of the demographic we serve."
Extensive exterior renovations were underway in April 2015, resulting in an Art Deco façade.
The mall was 85-percent leased at the time, compared to 75-percent a few years earlier.

As of September 2016, tenant occupancy was around 95 percent.
In December 2016, Las Vegas Weekly wrote that the Boulevard Mall may be the "most charming shopping center" in Las Vegas.
In October 2017, multiple deals were being seriously considered for selling the mall, although the deals were still in the early stages.
In May 2018, a masked man entered the mall with a rifle, prompting an evacuation of the property.
The man was apprehended by police, who believed the gun to be fake.
As of late 2012, the mall was 89-percent leased out, although only 73 percent of the mall was occupied by tenants, as several had closed due to poor economic conditions. The Boulevard Mall had the second lowest occupancy rate of Rouse Properties' 32 malls, located across 20 states. The mall also had $168 million in debt from a loan, prompting Rouse Properties to surrender the mall to foreclosure in June 2013. The mall was acquired by Midland Loan Services, related to PNC Bank. The mall was valued at $61.2 million, and contained 1,180,000 sq ft (110,000 m²). In July 2013, the lenders put the mall up for sale, with "best offer" as the listed price. On November 21, 2013, the mall was sold for $54.5 million to Sansone Companies, a long-time Las Vegas real estate firm owned by local developer Roland Sansone. The sale was announced 11 days later. Sansone purchased 56 of the mall's 75 acres; the remaining acreage was owned by the Macy's and Sears stores. The newly formed Sansone Companies/Boulevard Ventures LLC planned to keep current tenants and add new ones. Boulevard Ventures LLC owns 56.15 percent of the mall, while 2495 Riviera LP has 43.85 percent ownership.
The Boulevard Mall is the oldest shopping mall in the Las Vegas Valley. By the time of the purchase, the mall was considered to be dated and run down. Sansone wanted to begin various renovations and sign up new tenants by summer 2014, with plans to conclude his overhaul of the mall in spring 2015. Sansone planned to add unique tenants that were not usually associated with malls. Among the new tenants that Sansone wanted were restaurants, a bowling alley, a miniature golf course, a movie theater, and a Hispanic/Filipino supermarket. The first phase of renovations would include building repairs and the addition of drought-tolerant landscaping. The mall's gray colors would also be replaced with new paint. Other phases included the addition of a farmers' market and Wi-Fi in the food court, which would also be renovated to include four 80-inch televisions. The 70-tenant farmers market would be located outside the mall's main entrance on Maryland Parkway, and would include a large play area for children. New valet drop-off and pick-up areas were also planned. The mall would remain open during the renovations. Sansone's target clientele was working-class people.
Sansone launched his overhaul with a planned cost of $25 million. Restaurant construction was underway inside the mall in March 2015. At the time, general manager Timo Kuusela said about the mall, "Ten years ago, it was basically just packed with people all the time, and we had a lot more national tenants. It made money with no effort. Today, we really have to work to meet the needs of the demographic we serve." Extensive exterior renovations were underway in April 2015, resulting in an Art Deco façade. The mall was 85-percent leased at the time, compared to 75-percent a few years earlier.
As of September 2016, tenant occupancy was around 95 percent. In December 2016, Las Vegas Weekly wrote that the Boulevard Mall may be the "most charming shopping center" in Las Vegas. In October 2017, multiple deals were being seriously considered for selling the mall, although the deals were still in the early stages. In May 2018, a masked man entered the mall with a rifle, prompting an evacuation of the property. The man was apprehended by police, who believed the gun to be fake.
The Boulevard Mall