When the Bellagio was developed more than 20 years ago, it was the world’s most expensive hotel ever built.
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 Chicago-area real estate firm has acquired a Las Vegas apartment complex for nearly $34 million.
After weighing a possible sale of the company, Summerlin developer Howard Hughes Corp. has replaced its top boss and unveiled other plans to save and make money.
The Can Can Room has closed, records show, but the legal battle to force the Las Vegas strip club out of its longtime building continues.
Intermountain Healthcare, a nonprofit system with more than 20 hospitals, spent almost $19 million to purchase roughly 7.7 acres at the southeast corner of Rampart Boulevard and Alta Drive, near Summerlin.
Lennar Corp., Shea Homes and Woodside Homes are developing Sunstone located in the far northwest Las Vegas Valley.
Elysian at Tivoli has been in the works for a few years and is slated to feature a rock-climbing wall, virtual-reality sports and other amenities.
MGM Resorts International is selling the Bellagio property and leasing it back, giving the casino operator a cash infusion of more than $4 billion.
Breaking the old record more than 13 years after it was set is more symbolic than anything: It underscores just how high the market had soared, how badly it crashed, and how long the road to recovery has been.
The community in northwest Las Vegas is designed to have around 3,000 homes and just under 30 acres of parks, trails and open space, according to a spokeswoman for one of the builders.
Eric Carlton of Colliers International told the Las Vegas Review-Journal that the Suncoast hotel-casino is not for sale, only the 49-acre parcel on which it sits.
More than 13 years after the market peaked, Las Vegas house prices last month came close to their pre-recession highs.
New York investors have spent billions on Las Vegas real estate in recent years, including a recently announced a half-billion-dollar deal to purchase the Rio from Caesars Entertainment Corp.
Seven Valleys Realty Construction owner Khusrow “K.” Roohani and American West Homes founder Larry Canarelli teamed up to purchase just over 63 acres at the northwest corner of Las Vegas Boulevard South and Starr Avenue.
MG Properties Group announced Thursday that it acquired the 184-unit Village at Desert Lakes for $36.55 million.