Clark County records show that new owners acquired debt on the north Strip hotel-casino project Feb. 11 and gained ownership of the property the same day through a “deed in lieu of foreclosure.”
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.
With Tony Hsieh’s family looking to sell his downtown real estate holdings, a slew of properties in Las Vegas could change hands, putting vacant lots, apartments, offices, shuttered motels and other sites under new ownership.
An attorney for the late Tony Hsieh’s father and brother, co-administrators of his estate has filed nearly 100 notices in Clark County District Court outlining plans to sell dozens of his downtown Las Vegas properties.
Developer SunCap Property Group and project partner Diamond Realty Investments have announced plans for an industrial park called SunPoint West in North Las Vegas.
The Biden administration is extending the nation’s foreclosure freeze, a move that could prove especially helpful to Las Vegas homeowners as the valley grapples with a battered economy.
The new owners of the Drew property did not release details Thursday on their plans for the site, including whether they will change the name back to the Fontainebleau or when they expect to resume construction.
Triple Five’s nearly 30 acres along Las Vegas’ famed resort corridor are under new ownership, but the deal likely wasn’t what the developer envisioned.
The real estate wing of Kansas conglomerate Koch Industries teamed with Florida developer Jeffrey Soffer to acquire the unfinished Drew Las Vegas property on the north Strip, according to a news release Thursday.
The development calls for office space, retail and apartments on 40 acres at Durango Drive and the 215 Beltway in the southwest valley, near Ikea.
Organizers of the National Hardware Show announced the event is scheduled to take place Oct. 21 to 23 in the Las Vegas Convention Center’s West Hall.
Jennifer “Mimi” Pham, a longtime friend and assistant of Tony Hsieh, has taken the late tech mogul’s family to court, alleging contracts aren’t being honored.
The median sales price of previously owned single-family homes in Southern Nevada was $345K in January — unchanged from record highs reached in December and November.
Las Vegas city and community leaders are scheduled to hold a news conference Tuesday to announce the creation of the Coalition to Make Homes Possible.
A longtime Las Vegas real estate firm is building a small hotel in North Las Vegas and has plans for another in the valley.
Allegiant Air’s parent on Wednesday reported a loss of $184.1 million last year. The loss ended the company’s streak of 17 consecutive profitable years.