After taking the late Tony Hsieh’s family to court over contract disputes, his longtime friend and former assistant has now filed more than $90 million worth of creditor’s claims in his probate case.
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.
The grocery chain would “potentially” build a distribution center on the 96.5-acre site, but has made no final decisions, a Smith’s spokeswoman said.
Las Vegas-based Boyd Gaming Corp. announced Tuesday it expects to break ground on the Wilton Rancheria tribe’s Elk Grove, California, resort on March 9, “with construction commencing shortly thereafter.”
The grocery chain announced Tuesday it will construct a $24 million Smith’s Marketplace at the Cadence master-planned community, anchoring the first phase of 31 acres of commercial development there.
A new report shows Southern Nevada homebuilders started the year with the most sales activity since the frenzied mid-2000s bubble.
Overall, the valley’s single-family rental market has “held up rather well” during the pandemic, said Tom Blanchard, last year’s president of trade association Las Vegas Realtors.
Southern California real estate firm Next Wave Investors recently announced that it acquired the 216-unit Spanish Oaks complex for roughly $28.1 million.
Homebuilders bought less land in Summerlin from developer Howard Hughes Corp. last year than in 2019, but the average price for the dirt climbed.
Las Vegas-area home prices were up 7.9 percent year-over-year in December, compared with 10.4 percent nationally, according to the SP CoreLogic Case-Shiller index released Tuesday.
Clark County records show that new owners acquired debt on the north Strip hotel-casino project Feb. 11 and gained ownership of the property the same day through a “deed in lieu of foreclosure.”
With Tony Hsieh’s family looking to sell his downtown real estate holdings, a slew of properties in Las Vegas could change hands, putting vacant lots, apartments, offices, shuttered motels and other sites under new ownership.
An attorney for the late Tony Hsieh’s father and brother, co-administrators of his estate has filed nearly 100 notices in Clark County District Court outlining plans to sell dozens of his downtown Las Vegas properties.
Developer SunCap Property Group and project partner Diamond Realty Investments have announced plans for an industrial park called SunPoint West in North Las Vegas.
The Biden administration is extending the nation’s foreclosure freeze, a move that could prove especially helpful to Las Vegas homeowners as the valley grapples with a battered economy.
The new owners of the Drew property did not release details Thursday on their plans for the site, including whether they will change the name back to the Fontainebleau or when they expect to resume construction.