A formerly quiet, sprawling tract of land near the Strip is becoming a Formula One racetrack and the owner of a rental property next door is looking to sell for a hefty sum.
Eli Segall
Reporter: Business
Email: esegall@reviewjournal.com
Phone: (702) 383-0342
Eli Segall joined the Review-Journal in 2016, covering real estate until 2023 when he joined the paper's investigations team. He rejoined the RJ's Business desk in 2025 to cover commercial real estate and other topics. Before the RJ, he covered real estate 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.
City Council members are scheduled to consider plans to purchase the 35-acre former Fiesta Henderson property.
United Rentals announced Wednesday that it completed its $2 billion cash buyout of the Las Vegas construction equipment company.
The locals-focused casino chain purchased nearly 67 acres in North Las Vegas after landing approvals for a 600-room hotel project.
Hotel giant Hilton announced plans for the luxury Waldorf Astoria Lake Tahoe, to be located on the Nevada side of the alpine lake.
Las Vegas house prices dropped to their lowest level of the year last month as higher mortgage rates throws cold water on the market.
The locals-focused casino chain sold 21 acres in the southwest Las Vegas Valley for nearly $24 million to an apartment developer.
America’s casino capital has emerged as a competitive player in the warehousing and distribution industry.
The late tech mogul’s estate did not say how many of his downtown parcels will be sold.
Wynn, which owns Wynn Las Vegas and the Encore tower on the Strip, will continue to operate the Massachusetts resort under a lease with an initial annual rent of $100 million.
Vici Properties reached a deal to purchase financial giant Blackstone’s 49.9 percent stake in the properties, which are leased to casino giant MGM Resorts International.
Developers of the mixed-use Las Vegas complex expect the first residential units to debut in March.
The operator of a hotel-casino under construction at the south edge of the Strip is being bought by an industry giant.
Locally and nationally, homebuyers have been largely pumping the brakes for months, following last year’s cheap-money-fueled buying binge.
Many people can’t qualify for a mortgage, as they can’t afford the higher payments brought on by rising interest rates.