Oak Residential Partners announced last week that it bought the 124-unit Madison at Black Mountain rental complex in Henderson.
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.
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.
City documents show plans for 303 single-family homes and two multifamily projects with 491 apartments combined, all on about 60 acres.
A Las Vegas development group Brass Cap Cos. said construction is underway on its $28 million industrial development at Edmond Street and Russell Road.
Edwin Fujinaga, after being accused of running a massive Ponzi scheme, was at his golf course mansion in Las Vegas one day. He was handing over the keys, and stated something peculiar on his way out.
A local developer is tearing down a decades-old commercial building across from UNLV to clear space for a mixed-use project.
At Wednesday night’s State of the State address, Sisolak said he is committed to working with business, labor communities and the Legislature to raise Nevada’s minimum wage.
Boyd Gaming’s new Las Vegas headquarters would be just a mile or so west of its current primary office building. Other casino operators, including MGM Resorts International and Caesars Entertainment Corp., also have office buildings in town, but locally, resort companies are known for housing most of their staff in the hotels, not in office parks.