Big-money investors have owned rental homes around Las Vegas for years. But despite fast-rising sales prices, they aren’t ready to cash in, thanks to people like Darrius Mathis and Kayte Fernandez.
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.
Like practically everywhere else in the Las Vegas Valley, the south Strip has a long track record of developers pitching massive projects and never following through.
An airline with nobody around to fly its planes isn’t much of an airline, so you’d think another threat by Allegiant Air pilots to walk off the job might spark some concern.
Las Vegas homebuilders notched another boost in sales last month, and condos and townhouses comprised a higher share of the total.
It marks a rare real estate deal for the sleepy southern edge of the Strip and carries an unusual backstory, as the late owner — without his estranged wife’s knowledge — allegedly transferred the motel’s ownership to a trust he had formed with his mistress, according to court documents.
The Bureau of Land Management is looking to sell almost 90 acres of Las Vegas Valley land.
Tower 16 Capital Partners announced Friday that it bought the 512-unit Foothill Village, 6255 W. Tropicana Ave. at Jones Boulevard, in a joint venture with Henley USA.
As house hunters and real estate agents know, the inventory of homes for sale has dropped fast in Las Vegas.
Charleston Tower, which consists of a six-story office building, a two-story office building and a two-level parking structure, is about 95 percent occupied. Its main tenant is the UNLV School of Medicine.
A luxury homebuilder has picked up a large swath of Summerlin land for a new project.
City Crossing, by developer Bill Plise, was one of countless megaprojects in the Las Vegas Valley during the bubble years ofthe mid-2000s. And during the recession, it was one of many that flopped.
Applied Analysis hired a former Nevada economic development official to run its new Reno office.
San Diego investors bought a southern Las Vegas Valley rental complex for more than double the market average.
With Las Vegas’ housing market heating up, four local communities are in the top 20 nationally for builders’ sales this year, a new report shows.
Las Vegas’ real estate bubble took developers on a wild ride, something Jim Stuart knows all too well.