California real estate firm Ideal Capital Group acquired Jade, a new 287-unit rental complex near the Rio.
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.
Real estate firm 3D Investments confirmed that it is buying the suburban Las Vegas retail-and-office complex from its Israeli owners.
Southern Nevada logged the most resales on record in 2021, prices have been hitting new all-time highs practically every month, and houses have been trading rapidly.
Frank Nothaft, chief economist with housing tracker CoreLogic, spoke with the Review-Journal about the U.S. market’s trajectory during the pandemic and what might happen next.
The deal’s acreage and dollar amount were on par with, if not higher than, recent full-year land sales totals in the community.
Summerlin and three other Southern Nevada master-planned communities ranked among the 25 top-selling areas in the nation for homebuilders.
Last year’s sales tally topped the previous all-time high by nearly 2,000 transactions, and the median price hit $425,000 in December, also setting a record.
The Las Vegas-based airline said it would start taking delivery of the jets next year.
The famed television personality and cookbook author plans to open The Bedford by Martha Stewart in Paris Las Vegas this spring.
Harsch Investment Properties announced Monday that it is now Schnitzer Properties.
The facility will feature an arcade, a sports bar and dining areas. Its first location in Nevada debuted in 2016 in Downtown Summerlin.
The 528-unit property is 95 percent occupied, the new landlord said.
Fontainebleau hotel-casino developer Jeffrey Soffer is back at the helm, moving forward on the journey to complete the north Strip skyscraper.
Southern Nevada spent the past year grappling with the pandemic but also saw a burst of lucrative casino deals.
The late former U.S. Sen. Harry Reid called banks and is credited with keeping MGM’s massive project on the Strip afloat during the Great Recession.
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