Homebuilder Rhodes sued over past-due loan from failed bank

February 7, 2011 - 5:32 pm

The Federal Deposit Insurance Corp. has sued homebuilder James Rhodes over a $2.6 million, past-due loan from failed Community Bank.

The FDIC, as receiver for Community Bank, is suing over a deficiency, based on Rhodes’ personal guarantee for a loan secured by two lots in Spanish Hills Estates. The government agency also alleges breach of contract. The lawsuit was filed on Feb. 2 in Clark County District Court.

Regulators closed Community Bank in August 2009.

Attempts to reach Rhodes for comment failed.

A new report says more than half of Las Vegas renters can’t afford the apartments where they ...

Home prices at record highs, Las Vegas rents rising, reports say

By Patrick Blennerhassett / RJ

June 25, 2024 - 2:42 pm

Redfin says rents are on an upward trend in Las Vegas, while the National Association of Realtors says home prices hit a new record high in May.

An aerial photo shows homes at the corner of Ann Road and Donna Street in North Las Vegas, on F ...

Nevada’s 3rd-largest city: North Las Vegas or Reno?

By Annie Vong / RJ

June 25, 2024 - 6:00 am

North Las Vegas was once known as a bootlegging settlement and Reno as a “cow county,” so how have both cities changed their image and economic reputation over time?

What is the history of the Cadence land in east Henderson?

By Patrick Blennerhassett / RJ

June 25, 2024 - 6:48 pm

From World War II to a master-planned community, this particular piece of east Henderson real estate has an interesting backstory.

Bidding starts at $1M, Las Vegas legend’s home for sale — again

By John Katsilometes / RJ

June 24, 2024 - 7:09 pm

Jerry Lewis bought the Scotch 80s home in 1982 as his primary residence until his death in August 2017.

Why is Mesquite growing so fast?

By Patrick Blennerhassett / RJ

June 21, 2024 - 3:27 pm

The small city to the northeast of the Las Vegas Valley is the fastest growing city in the state, according to the latest Census data.

Aerial view of homes near Raton Drive and Mescalero Trail in Henderson, Nevada in 2019. (Las Ve ...

Henderson asks BLM to sell land in western part of city

By Patrick Blennerhassett / RJ

June 19, 2024 - 11:15 am

The City of Henderson approved a motion to ask the U.S. government to auction off key chunks of land in one of the fastest-growing areas of the Las Vegas Valley.

Housing project near Red Rock Canyon advances after $80M settlement

By Taylor R. Avery / RJ

June 19, 2024 - 7:12 pm

The deal — which aims to preserve access to the Red Rock Canyon National Conservation Area — will allow Gypsum Resources to go forward with its housing development.