Ashley Furniture Industries acquired nearly 20.4 acres off Sunset Road just east of the 215 Beltway for roughly $27.4 million, property records show.
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.
A land parcel, home to the dilapidated, now-closed White Sands Motel located across from the Luxor, is up for sale for $18 million.
The Las Vegas housing market defied logic in 2020, but at least one thing mirrored prior years: The gap between the most- and least-expensive house sales was enormous.
An Arizona developer has purchased a small plot across from Allegiant Stadium for big bucks, with plans to build an In-N-Out Burger.
Plans call for 1,343 residential units, around 240,000 square feet of commercial space, and underground parking.
After a history of name changes, new owners and, finally, an implosion, a plot of land just east of the Strip is slated to get a luxury hotel.
The median sales price for such homes was $345,000 last month, unchanged from the all-time high set in November and up 10.2 percent from a year ago.
Southern Nevada communities were among the top-selling spots in the nation for homebuilders last year despite the valley’s badly battered economy.
The pandemic has had a lasting effect on the city’s tourism-dependent economy.
A local developer plans to break ground on a luxury resort off the north Strip this summer.
Las Vegas was turned upside down by the coronavirus pandemic in 2020, and the real estate market was not spared the turmoil. But there were still some notable transactions this year.
If the factors that fueled Las Vegas’ surprising housing surge stay in place, the market will buzz with activity in 2021, observers said.
Homebuilders’ sales activity in Southern Nevada this year has surpassed that of the prior two years despite the bleak economy, a new report shows.
The Henderson City Council approved a resolution formalizing its intent to sell nearly 9 acres of city-owned land on St. Rose Parkway to Anthony Marnell III.
The city of Las Vegas, Zappos and DTP are teaming up to honor Tony Hsieh’s memory.