A Las Vegas real estate firm has finished a Seattle high-rise that was left as a giant hole in the ground by its now-imprisoned former developer.
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.
Eric Cohen is part of a wave of developers who have flooded the Las Vegas suburbs with new apartments in recent years. For one of his newest projects, however, he’s building in a markedly different location: an office park near the Strip.
Jim Rhodes, founder of Harmony Homes, recently listed his 2-acre Las Vegas spread for almost $30 million. At that price, according to the listing on Zillow, the estimated mortgage payment is $116,995 per month.
Las Vegas-based Allegiant Travel Co. said Wednesday that it earned $41.4 million in net income in the three months ending Dec. 31, down 50.4 percent from the same period in 2017.
Some 67,900 people worked in the Las Vegas-area construction industry in December, up 8.8 percent from a year earlier, according to a report Tuesday from the Associated General Contractors of America.
Southern California architect Christopher Mercier, in town this week for the Las Vegas Market furniture and home-decor expo, gave a presentation Tuesday at the convention. He spoke with the Las Vegas Review-Journal afterward about the local architectural landscape.
Oak Residential Partners announced last week that it bought the 124-unit Madison at Black Mountain rental complex in Henderson.
Prices in Southern Nevada were up 12 percent year-over-year in November, more than double the national rate of 5.2 percent, according to the SP CoreLogic Case-Shiller index released Tuesday.
Las Vegas, with its fast-cash image and anything-goes real estate market, has long been a popular place to flip houses . A lengthy menu of home-flipping reality television shows has also fueled interest in the get-rich-quick tactic, and the stars of “Desert Flippers” were in town Monday to talk about it.
A new convention center in downtown Las Vegas will provide exhibit space for the twice-a-year World Market as well as room for trade shows and community events displaced by the 2017 closure of Cashman Center.
Janet Carpenter, managing broker of Signature Real Estate Group’s Summerlin office, is this year’s president of the Greater Las Vegas Association of Realtors. She met with the Las Vegas Review-Journal recently at her office to talk about the housing market.
A week after it went on the market, murdered mobster Tony “The Ant” Spilotro’s former Las Vegas house found a buyer. As the seller hoped, the notorious former owner proved a unique marketing opportunity.
Las Vegas homebuilders last year booked the most sales in a decade as buyers paid record prices, but the market is forecast to cool off in 2019.
The 267-unit rental project is called Tanager, a tribute to the Curtiss Model 54 Tanager airplane built in 1929.
The World of Concrete convention has exhibitors selling everything from hose assemblies and hydraulic tools to concrete polishers. Here is a look at three hulking pieces of equipment on display this week.