Elevated borrowing costs have slowed home sales in Southern Nevada and around the country this year.
Eli Segall
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.
Southern Nevada’s industrial real estate market has grown substantially over the last several years, including an ongoing surge of construction after the pandemic hit.
Real estate mogul Jeffrey Soffer’s company announced plans for a new 50,000-square-foot events center at the iconic Fontainebleau Miami Beach.
The Clark County Commission voted 7-0 to deny a 575-home subdivision map in Coyote Springs, blocking a step in the development process that’s needed to enable home construction.
The Las Vegas-based airline said its resort was previously selling rooms for as early as May 2023, but it has now “pushed back the selling date to September 2023.”
Ex-Assemblywoman Shea Backus, who served in Assembly District 37 from 2018-2020, is trying to win back the seat this year.
Two-term incumbent Assemblywoman Michelle Gorelow is facing off with two challengers, a Republican and a Libertarian.
Incumbent Democratic Assemblywoman Lesley Cohen is fighting against city of Las Vegas employee and Republican Rhonda Knightly to retain her Assembly District 29 seat.
Assemblywoman Shannon Bilbray-Axelrod is seeking her fourth term in the Assembly, facing Republican Stacy Butler, an Air Force veteran.
Toll Brothers, which has projects around the Las Vegas Valley, opened two neighborhoods in the Desert Color master-planned community just north of the Arizona border.
The median sales price of previously owned single-family homes was $450,000 last month, unchanged from August.
The towering hotel project calls for restaurants, convention space, a spa, pools, wedding chapel, an auto showroom and more.
Stonebridge Companies announced that it acquired the 190-room DoubleTree by Hilton Hotel Las Vegas Airport.
Fremont9 is now known as Ely on Fremont, and its new landlord is scheduled to hold a ribbon-cutting ceremony Thursday.
Mortgage rates fell in August, helping new home sales, but borrowing costs have since climbed higher.
