Hughes Corp. chairman Bill Ackman tweeted May 21 that Tesla boss Elon Musk should consider one of the developer’s master-planned communities in those states and to “take a close look” at Summerlin.
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.
Homebuilding activity dropped sharply in Las Vegas last month amid the pandemic-sparked economic shutdown. But the worst may be over for the local housing market, a new report says.
Las Vegas’ unemployment rate shot past 33 percent last month amid sweeping business closures sparked by the coronavirus pandemic.
A casino outside Seattle that reopened Tuesday will feature a glitzy leftover from a failed Las Vegas resort: the Lucky Dragon’s dragon.
After Siegfried & Roy’s run ended on the Las Vegas Strip, they made millions in one of Southern Nevada’s other favorite pastimes: real estate.
The market hasn’t collapsed after the coronavirus outbreak shut down much of Southern Nevada’s economy virtually overnight, but tenants have sought rent relief and struggled to pay on time.
Allegiant Air passenger volume nearly evaporated last month after the coronavirus pandemic started shutting down much of the economy in March, newly released figures show.
Management announced the open-air, food-and-retail complex at Fremont and Seventh streets would operate from 11 a.m. to 7 p.m. daily.
Las Vegas-based Allegiant Travel Co. on Tuesday reported a $33 million loss in the three months ended March 31, compared to a $57.1 million profit the same period last year.
Las Vegas’ housing market is slowly chugging along, but many buyers have canceled amid skyrocketing job losses, and the sales pipeline has shrunk fast.
Don’t expect a big burst of real estate action anytime soon.
A Reno developer has finished a warehouse near Las Vegas Motor Speedway and landed a tenant for part of the space.
The median sales price of previously owned single-family homes — the bulk of the market — was $310,000 in April, up 3.3 percent from the same month last year.
A bankruptcy court auction is scheduled to be held May 19 for a 38.5-acre spread along Las Vegas Boulevard across from Mandalay Bay. Bids were due Thursday.
The Blackstone Group acquired nearly 68 million shares in Crown Resorts, a nearly 10 percent ownership stake, the Australian company announced this week.