Tower 16 Capital Partners announced Monday that it sold three apartment complex properties for $182 million combined to a Utah real estate firm.
Eli Segall joined the Review-Journal in August 2016 after covering real estate and other business topics for four years at the Las Vegas Sun. He also worked for the Silicon Valley/San Jose Business Journal, The Associated Press and other news groups. Segall has a bachelor’s in political science from the University of Michigan and a master’s in journalism from the University of Maryland. His awards include 2017 Story of the Year from the Nevada Press Association.
Prices are setting record highs, but the tally of available homes for sale has plunged, and more people are looking to get into the real estate industry.
After the pandemic turned Las Vegas Boulevard into a ghost town for a while, the fallout from the outbreak has, for the most part, not been kind to the roadway’s real estate market.
Freeman sold its 38.3-acre industrial property in the southwest valley to a San Diego investment firm and rented it back for 15 years with three five-year extension options.
Amazon is opening two distribution centers, one in Henderson and one in North Las Vegas.
Las Vegas’ housing market is in overdrive. Homes are selling rapidly, prices are setting record highs and many buyers are paying cash.
Clark County commissioners introduced an ordinance to consider a development agreement with Jackie Robinson, whose arena and hotel project has been on the drawing board for years.
Today, the Huntridge Theater is run down and a regular gathering spot for homeless — but J Dapper, its new owner, wants to bring the long-shuttered theater back to life.
Former NBA player Jackie Robinson has filed necessary agreements to keep his long-delayed arena and hotel project plans in the works, after Clark County leaders gave him an ultimatum last fall.
The state saw a 52.8 percent increase in initial claims filed for the week ending March 27, according to the Nevada Department of Employment, Training and Rehabilitation.
Dapper Companies founder J Dapper closed his $4 million acquisition of the long-shuttered Las Vegas property and will spend the next three years renovating it.
Las Vegas’ jobless rate moved lower in February but remained well above other areas of Nevada.
The biggest jump in Las Vegas housing prices, 20 percent, was in the area around Sahara Avenue and Jones Boulevard, data shows.