The holidays are normally a time to slow down. But in recent years, real estate investors have squeezed in big, last-minute transactions in Las Vegas before the calendar flips to Jan. 1.
Eli Segall
Reporter: Investigations
Email: esegall@reviewjournal.com
Phone: (702) 383-0342
Eli Segall joined the Review-Journal’s investigations team in 2023 after covering real estate for the paper since 2016. Before the RJ, he covered real estate and other business topics for four years at the Las Vegas Sun. Segall has also worked for the Silicon Valley/San Jose Business Journal, The Associated Press and other news groups. He has a bachelor’s in political science from the University of Michigan and a master’s in journalism from the University of Maryland. He has earned awards from the Nevada Press Association, Best of the West, New York State Society of CPAs, National Association of Real Estate Editors, and others.
Las Vegas home prices will keep rising at one of the fastest rates in the country next year, and sales will only creep up, according to a new forecast.
Edwin Fujinaga, former chief executive of MRI International, was convicted Tuesday of eight counts of mail fraud, nine counts of wire fraud and three counts of money laundering, according to an announcement from federal prosecutors in Nevada.
Attached homes accounted for 13 percent of October’s sales tally, the sixth straight month that they fetched at least a 10 percent market share.
Accounting firm RSM US announced that it is moving to Two Summerlin, 10845 Griffith Peak Drive, next month.
A condo east of the Las Vegas Strip is boarded up and, months after the owner died, still has furniture, clothes, oxygen tanks, a grimy stovetop and dishes in the sink. It’s also one of the cheapest homes for sale in Las Vegas
The 10-acre southwest valley complex, called Matter Business Park @ Warm Springs, is scheduled to be finished in July 2019, Matter said.
Las Vegas home prices keep rising fastest among major cities, a new report shows, and buyers are pulling back.
A local developer wants to build a retail and office project a few miles up the road from the Raiders’ future practice site in Henderson.
Developers are betting the heated market will persuade buyers to look at rural outposts, which offer cheaper houses but also hefty commutes to Las Vegas and not as many jobs, services and amenities as their famous neighbor.
It’s unclear when Station would develop a project or if the company has drawn up plans for one. But its purchase is a wager on a fast-growing area and is a throwback to the pre-recession days , when the company loaded up on future resort sites before Station went bankrupt.
The Nigro family of developers teamed with brokerage firm IREPLV to purchase four buildings at Coronado Canyons, at the southeast corner of Green Valley and Horizon Ridge parkways, for $12.25 million. The sale closed in September.
Las Vegas’ apartment market has heated up in recent years with rising rents , lucrative investor purchases and increased development.
Developer Jenny Chang Au plans to hold a ceremonial groundbreaking Dec. 7 for her 32,450-square-foot project at the southwest corner of Spring Mountain Road and Duneville Street.
CLA plans to occupy about 9,000 square feet on the fifth floor of the suburban Las Vegas building and move in at year’s end. JRS plans to take around 8,000 square feet on the same floor and move there in March, the landlord said.
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