Henderson City Council members approved a deal to sell a 3.76-acre plot to Station for $1.75 million.
Eli Segall
Reporter: Real estate
Email: esegall@reviewjournal.com
Phone: (702) 383-0342
X: @eli_segall
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.
City officials aim to redevelop the former Fiesta Henderson site into an indoor recreational sports complex.
The locals-focused casino chain aims to build a new resort that would feature an 80,000-square-foot casino floor, restaurants, a bowling alley, a movie theater and more.
The recent decline in rates “has been large,” but homebuyer sentiment “remains low with no major positive reaction in purchase demand.”
A formerly quiet, sprawling tract of land near the Strip is becoming a Formula One racetrack and the owner of a rental property next door is looking to sell for a hefty sum.
City Council members are scheduled to consider plans to purchase the 35-acre former Fiesta Henderson property.
United Rentals announced Wednesday that it completed its $2 billion cash buyout of the Las Vegas construction equipment company.
The locals-focused casino chain purchased nearly 67 acres in North Las Vegas after landing approvals for a 600-room hotel project.
Hotel giant Hilton announced plans for the luxury Waldorf Astoria Lake Tahoe, to be located on the Nevada side of the alpine lake.
Las Vegas house prices dropped to their lowest level of the year last month as higher mortgage rates throws cold water on the market.
The locals-focused casino chain sold 21 acres in the southwest Las Vegas Valley for nearly $24 million to an apartment developer.
America’s casino capital has emerged as a competitive player in the warehousing and distribution industry.
The late tech mogul’s estate did not say how many of his downtown parcels will be sold.
Wynn, which owns Wynn Las Vegas and the Encore tower on the Strip, will continue to operate the Massachusetts resort under a lease with an initial annual rent of $100 million.
Vici Properties reached a deal to purchase financial giant Blackstone’s 49.9 percent stake in the properties, which are leased to casino giant MGM Resorts International.