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Real Estate Insider

Real Estate Insider

Eli Segall’s Real Estate Insider column appears Saturdays in the Business section.
esegall@reviewjournal.com … @eli_segall on Twitter. 702-383-0342

Vacant homes on the rise in Las Vegas Valley, report indicates

Housing tracker Attom Data Solutions put out a report this week showing the number of vacant properties around the country and what share of cities’ homes are empty. Las Vegas’ housing market has come a long way since the economy crashed last decade, but if Attom’s numbers are any indication, squatting opportunities have grown in the past year.

Names for holding companies can get creative in Las Vegas

When investors buy commercial real estate, it’s standard practice to acquire the property through a holding company. It’s common to pick a dry, boring name for it. But there are exceptions.

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Station Casinos parcels sitting empty

Before the economy crashed and the company went bankrupt, Station Casinos loaded up on land, buying big parcels around the valley for future hotels.

Real estate pros see brighter future for blighted Las Vegas shopping center

At the Rainbow Dunes Centre, shoppers used to stroll the aisles of Kmart, buy shoes at Payless and chow down at a Chinese buffet. In more recent years, the “customers” were kicking through walls, trashing the parking lot and ripping out copper.

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