The 8,684-square-foot house and nearly 1-acre lot next door were listed Feb. 9 for $7.5 million and apparently went under contract with a buyer on Feb. 18.
Eli Segall
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.
Fremont9 was developed through a partnership between The Wolff Co. and Tony Hsieh’s side venture DTP Companies.
A Walgreens-occupied commercial complex at the northeast corner of Las Vegas Boulevard and Sahara Avenue recently sold for $57 million. It once was the site of the planned Ivana Trump-branded condo complex.
The luxury house, which spans about 11,000 square feet and was priced at $13.5 million, is under contract to sell, according to its listing on Zillow.
Arthur “AJ” Lewis of Active Capital Holdings said his group is providing just over $4.7 billion for former NBA player Jackie Robinson’s project.
Southern Nevada house prices in December were up 25.5 percent from a year earlier, compared to 18.8 percent nationally.
After years of seeing big plans come and go, the north edge of Las Vegas’ famed casino corridor is showing more momentum than it has in years.
After unveiling a lucrative deal to sell its Boston-area casino and rent it back, Wynn Resorts’ boss put the kibosh on doing the same in Las Vegas during an earnings call this week.
The project, by Reno-based Tolles Development Co., would span more than 140 acres in Jean and could result in a shuttered hotel-casino being demolished.
Wynn CEO Craig Billings said the sales proceeds would “provide us with liquidity for several of our upcoming development projects and the potential to retire other debt.”
A major casino landlord in Las Vegas is set to acquire Australia’s Crown Resorts, whose largest shareholder ventured to America’s gambling capital over the years for several big deals.
A Reno developer has drawn up plans for a 1.9 million-square-foot warehouse and distribution complex along Interstate 15 in Jean.
Fueled by cheap money, Las Vegas is in a prolonged homebuying boom.
Nigro Development held a ceremonial groundbreaking last week for a 127-room SpringHill Suites.
Developer Jim Rhodes has sold a stretch of land west of Las Vegas that is said to have been eyed for a cemetery or other uses.