Home Builders Research President Andrew Smith explains what’s happening in the market.
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 $50.5 million project, on Sahara Avenue between Cimarron Road and Buffalo Drive, opened last year.
A data-center owner purchased more than 200 acres in a desert industrial park, property records indicate.
The local unemployment rate is still lower than it was a year ago, but Southern Nevada’s casino-heavy economy has been hitting the brakes lately.
The developers of an unfinished resort on Las Vegas Boulevard transferred ownership, following a legal settlement.
The store is directly across an outdoor plaza from furniture dealer Restoration Hardware’s four-story location in Las Vegas.
The owners of a shuttered cineplex plan to gut the property and lease it to new businesses.
Big lines of people were waiting for the doors to open at a members-only retailer’s newest store in the southwest Las Vegas Valley.
Visitor volume and consumer spending are tumbling in America’s casino capital, and the local jobless rate is among the highest in the country for big metro areas.
A Utah-based medical system has expanded its footprint in America’s casino capital, spending more than $100 million just on real estate over the past several years.
Sales figures point to a pullback in spending at restaurants, clothing stores and other businesses as Las Vegas’ main economic engine pumps the brakes.
Las Vegas’ hometown airline is offering low-priced fares to Atlantic City.
“Reclaiming the Badlands — Redefining Luxury,” declares signage at the long-shuttered Las Vegas property.
The development, in the southwest valley, is slated to cost more than $130 million.
Site work is now underway in a visible area of Summerlin, but crews aren’t building another apartment complex or retail plaza