SLS Las Vegas owner Alex Meruelo has kicked off his $100 million upgrade of the 1,600-room resort.
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.
September was the first time since June 2007 that the median house price reached the $300,000 mark, the GLVAR said.
The off-Strip Lucky Dragon, which opened less than two years ago, has fully shut down and is scheduled to come up for sale at a foreclosure auction Oct. 30. The property is now surrounded by chain-link fencing.
If Las Vegas’ fast-rising home prices have stretched or snapped your ability to buy a place, you’re not alone.
Long Beach, California-based Westland, led by President Yanki Greenspan, started buying multifamily properties in the Las Vegas area in 2010 and now owns nearly 10,000 units in the region, Northcap said.
Tower 16 Capital Partners announced this week that it acquired the 540-unit Cornerstone Crossing for $49.75 million in a joint venture with Henley USA.
The Las Vegas market’s “resurgence” creates “a tremendous opportunity for JCJ,” President Peter Stevens said in the news release.
A Los Angeles real estate firm picked up two more apartment complexes in the Las Vegas Valley, bringing its local holdings to more than 3,200 units.
Shalena Earnheart, who claimed ownership of a dead woman’s Las Vegas house, has pleaded guilty to stealing the home with a forged deed and trying to take control of her estate with a forged will.
A few weeks before the Lucky Dragon held its grand opening with dragon and lion dancers, a top executive promised big things. Less than two years later, the bankrupt resort is set for a full shutdown.
Construction is gaining speed in Las Vegas, but if you want to see a glaring difference between today’s market and that of the mid-2000s bubble, just look at developer Jorge Pérez.
Las Vegas apartment rents are growing at one of the fastest rates in the country, and the vacancy rate is lower than most, a new report shows.
Moonwater Capital founder Ofir Hagay said he and partners bought around 445,000 square feet of Las Vegas office space. The $84.3 million purchase closed last month, property records show.
The Bureau of Land Management sold almost 70 acres of Las Vegas Valley land at auction Thursday.
Opendoor announced Thursday that Japanese billionaire Masayoshi Son’s SoftBank Vision Fund invested $400 million in the company. It did not disclose SoftBank’s ownership stake, but Opendoor said it has obtained more than $1 billion in total equity investments and $2 billion in debt.