Workers recently tore down a 1960s-era Travelodge on Las Vegas Boulevard as the Houston billionaire pushes ahead with plans for a towering upscale resort.
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.
Westport Properties announced Monday it will build an 81,511-square-foot facility on a recently acquired plot of land in Henderson.
First National Realty Partners announced that it acquired Tropicana Centre, a strip mall that spans more than 586,000 square feet.
VanTrust Real Estate announced that it started construction on the first two buildings in Vantage North, a 4.5 million-square-foot logistics and distribution project in North Las Vegas.
Southern Nevada house prices resumed their downward slide last month, as buyers locally and nationally pull back amid higher borrowing costs.
Ivan Sher has brokered some of Southern Nevada’s most expensive home sales ever and lands a steady stream of high-priced listings.
An industrial park in North Las Vegas sold last month for more than $140 million, after construction finished in September.
Rates continue to hover around 7 percent, as the “dynamics of a once-hot housing market have faded considerably,” an economist said.
The resort “survived” the storm but suffered damage from “falling cranes” and “water intrusion,” the CEO said.
After his trade from the Golden Knights, Max Pacioretty is trying to sell his Las Vegas mansion for nearly $12 million — almost double what he paid for it last year.
Lennar Corp. recently held a ceremonial groundbreaking for a 25-unit townhouse complex called Aqua.
Construction is underway on the 15,274-square-foot Museum of Illusions, which is scheduled to open in early spring 2023.
Teravalis, a 37,000-acre master-planned community near Phoenix, is to include 100,000 homes and 55 million square feet of commercial development.
The Houston billionaire acquired 6.9 million shares in the Las Vegas-based casino operator, comprising a 6.1 percent ownership stake.
Southern Nevada is far from alone in seeing buyers pull back amid a sharp jump in mortgage rates.