Allegiant Air passenger volume nearly evaporated last month after the coronavirus pandemic started shutting down much of the economy in March, newly released figures 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.
Management announced the open-air, food-and-retail complex at Fremont and Seventh streets would operate from 11 a.m. to 7 p.m. daily.
Las Vegas-based Allegiant Travel Co. on Tuesday reported a $33 million loss in the three months ended March 31, compared to a $57.1 million profit the same period last year.
Las Vegas’ housing market is slowly chugging along, but many buyers have canceled amid skyrocketing job losses, and the sales pipeline has shrunk fast.
Don’t expect a big burst of real estate action anytime soon.
A Reno developer has finished a warehouse near Las Vegas Motor Speedway and landed a tenant for part of the space.
The median sales price of previously owned single-family homes — the bulk of the market — was $310,000 in April, up 3.3 percent from the same month last year.
A bankruptcy court auction is scheduled to be held May 19 for a 38.5-acre spread along Las Vegas Boulevard across from Mandalay Bay. Bids were due Thursday.
The Blackstone Group acquired nearly 68 million shares in Crown Resorts, a nearly 10 percent ownership stake, the Australian company announced this week.
A Siegel Suites property manager is being disciplined after telling tenants they can’t have visitors at the Las Vegas apartment complex because of the coronavirus pandemic and threatening eviction if they did, the landlord said.
Las Vegas home prices rose slower than the national average in February, before the coronavirus pandemic started shutting down much of the U.S. economy.
The 1918 Spanish Flu pandemic sparked shutdowns, warnings and pushback around the U.S. that are eerily similar to the fallout from the coronavirus outbreak more than 100 years later.
Local brands for Atlanta-based PulteGroup include Pulte Homes, Del Webb and American West.
A representative for the $4.3 billion hotel-casino project on Thursday announced the new cases of the respiratory disease caused by the novel coronavirus.
With the travel industry devastated by the coronavirus pandemic, Allegiant Air expects to receive more than $170 million in payroll support funds from the federal government.