When Virgin Group founder Richard Branson was at the Hard Rock Hotel last week to announce his purchase of the resort, yours truly asked during a QA whatit sold for and who the majority owner is.
Eli Segall’s Real Estate Insider column appears Saturdays in the Business section.
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Boca Park, a massive shopping center near Summerlin, gets plenty of customers. But a big, empty store is boarded and padlocked, and if you peak above the plywood covering an entrance, you still see a name: Haggen.
Overall in Las Vegas, the number of homes hit with foreclosure-related filings plunged 40 percent last year.
If your Las Vegas house hunt is taking longer than expected, you’re not alone, as sellers are increasingly gun shy.
The most expensives and least expensive real estate deals in Las Vegas for 2017 present sharp contrasts.
With 2017 winding down, here’s our top 10 real estate deals of the year in Las Vegas.
Las Vegas home prices are rising at one of the fastest rates nationally, bolstered by strong demand and shrinking inventory.
Like other condo projects from the bubble years, Boca Raton initially sold homes at a rapid clip. And, like other projects from that time, buyers vanished when the market crashed.
After the real estate market crashed last decade, investors swooped in for the leftovers. They bought cheap houses in bulk to turn into rentals and snapped up abandoned projects at steep discounts.
Victor Perrillo broke ground on Venue Las Vegas three years ago. Now it’s for sale.
Their combination will reportedly create the largest homebuilder in the country.
Housing tracker Attom Data Solutions put out a report this week showing the number of vacant properties around the country and what share of cities’ homes are empty. Las Vegas’ housing market has come a long way since the economy crashed last decade, but if Attom’s numbers are any indication, squatting opportunities have grown in the past year.
When investors buy commercial real estate, it’s standard practice to acquire the property through a holding company. It’s common to pick a dry, boring name for it. But there are exceptions.
Banks are slamming the brakes on foreclosures in Las Vegas, and at first glance, the numbers are encouraging, even amazing.
If you want to see retailers’ mixed fortunes, and how they impact neighborhood shopping centers, head over to Green Valley Parkway and Sunset Road.