Like other condo projects from the bubble years, Boca Raton initially sold homes at a rapid clip. And, like other projects from that time, buyers vanished when the market crashed.
Real Estate Insider
Eli Segall’s Real Estate Insider column appears Saturdays in the Business section.
esegall@reviewjournal.com … @eli_segall on Twitter. 702-383-0342
After the real estate market crashed last decade, investors swooped in for the leftovers. They bought cheap houses in bulk to turn into rentals and snapped up abandoned projects at steep discounts.
Victor Perrillo broke ground on Venue Las Vegas three years ago. Now it’s for sale.
Their combination will reportedly create the largest homebuilder in the country.
Housing tracker Attom Data Solutions put out a report this week showing the number of vacant properties around the country and what share of cities’ homes are empty. Las Vegas’ housing market has come a long way since the economy crashed last decade, but if Attom’s numbers are any indication, squatting opportunities have grown in the past year.
When investors buy commercial real estate, it’s standard practice to acquire the property through a holding company. It’s common to pick a dry, boring name for it. But there are exceptions.
Banks are slamming the brakes on foreclosures in Las Vegas, and at first glance, the numbers are encouraging, even amazing.
If you want to see retailers’ mixed fortunes, and how they impact neighborhood shopping centers, head over to Green Valley Parkway and Sunset Road.
A native New Yorker, Irwin Kishner wasn’t the biggest developer in town, and his cluster of properties between Las Vegas Boulevard and the Las Vegas Convention Center are far from the flashiest.
Before the economy crashed and the company went bankrupt, Station Casinos loaded up on land, buying big parcels around the valley for future hotels.
The inventory of available condos and townhomes in Southern Nevada is falling at an even faster pace than that of single-family houses
The Raiders are still a few years away from throwing the pigskin in Las Vegas. But one investor group is getting in on the team’s neighborhood early – and it paid a premium.
When Lorenzo Doumani imploded the Clarion hotel 2½ years ago, he had big plans for the site off the north Strip.
As house hunters know all too well, Las Vegas home prices aren’t getting any cheaper.
Faraday Future may have bailed on building its car plant in Apex Industrial Park, but the electric-car startup isn’t washing its hands of the site.