Security Properties announced Tuesday that it purchased the 379-unit Lofts at 7100 complex for $80 million.
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.
The NFL team purchased 17.3 acres of real estate near its under-construction stadium for just over $28 million, property records show.
Frank Nothaft, chief economist at housing tracker CoreLogic, discusses the current health of the housing market in Las Vegas and beyond.
Janet Garcia-Legrand, who is set to go on trial in Florida next month, confirmed to the Las Vegas Review-Journal on Wednesday that she is the CEO of project developer Bleutech Park Properties.
Matter Real Estate Group recently obtained a $150 million loan to help pay for UnCommons, a mixed-use project in the southwest valley.
Las Vegas came in No. 2 to Phoenix for second straight month in the SP CoreLogic Case-Shiller index, which showed Southern Nevada prices were up 4.7 percent year-over-year in July, compared with 5.8 percent for Phoenix.
Faraday Future, whose much-hyped car plant in North Las Vegas never came out of the ground, has sold its land for less than half the asking price to a Canadian investment firm.
The New York financial giant, said to be eyeing deal for Bellagio and MGM Grand, is a major buyer of Las Vegas real estate, including The Cosmopolitan of Las Vegas and the World Market Center.
A few months after it celebrated a massive expansion plan, Switch appears to have bought big tracts of land near its Las Vegas headquarters.
The leases bring tenants to offices that had sat dormant at Town Square since the retail-focused project opened a dozen years ago at the corner of Las Vegas Boulevard and Sunset Road.
The median sales price of a newly built single-family house in Southern Nevada was around $389,450 in July, compared with $295,000 for a previously owned one, a gap of almost $94,450, according to data from Las Vegas-based Home Builders Research.
The Siegel Group, new owner of the building that houses the Can Can Room, levied numerous allegations in court papers against club owner Sam Aldabbagh.
The Illinois-based pharmacy giant has put its property near Showcase Mall on the market for $40 million.
MGM Resorts International announced this week that the site of the 2017 mass shooting would be used for parking until a planned community facility is built. The property’s previous owner, Circus Circus Enterprises, had used it for employee parking in the 1990s.
With home prices rising at a much slower rate than last year, Las Vegas’ market is “coasting along.”