Eli Segall’s Real Estate Insider column appears Saturdays in the Business section.
esegall@reviewjournal.com … @eli_segall on Twitter. 702-383-0342
MGM Resorts International announced this week that the site of the 2017 mass shooting would be used for parking until a planned community facility is built. The property’s previous owner, Circus Circus Enterprises, had used it for employee parking in the 1990s.
The Sahara name has returned to Las Vegas Boulevard – along with new hopes for a rejuvenation of the struggling north end of the Strip.
A 56-year-old former low-budget-movie producer, Doumani said this week he is scheduled to break ground in May 2020 and finish construction in 2023.
Las Vegas’ wheeler-dealer, boom-and-bust real estate market is almost never boring. But even by Vegas standards, a sale that closed a year ago this week was especially head-turning.
If someone buys The Howard Hughes Corp., it would put the Las Vegas Aviators, its ballpark, the Downtown Summerlin mall and thousands of acres of suburban Las Vegas land in new hands.
Over the past several years investors have paid between $33.3 million and $71 million for Strip Walgreens and CVS locations, property records show.
The Fontainebleau, soaring 60-plus stories above Las Vegas Boulevard, went bankrupt 10 years ago on June 9, 2009.
Foreclosures have by no means stopped, but amid an improved job market, they are a lot less common nowadays.
State lawmakers approved a bill in 2015 — a decade after Las Vegas’ wild building spree — that raised barriers to pursuing lawsuits alleging shoddyconstruction.
You can never rule out another housing crash,but just because the market has cooled off doesn’t necessarily mean it’s in the early stages of a collapse.
Builders sold 302 homes in Las Vegas’ largest master-planned community in the three months ending March 31, down 26 percent from the same period last year.
Despite the shifts, it’s not a buyer’s market yet, analysts say, though house hunters are in a better position now than they were a year ago.
The Lucky Dragon sold for much less than its developer and lender had said it was worth.
During the mid-2000s bubble, a developer set out to build a luxury condo tower where Eclipse Theaters now stands — and if he had followed through, it could have been a financial disaster.
More than a year after buying Crown Resorts’ land on the Las Vegas Strip, Wynn Resorts Ltd. has nixed a deal to buy the whole company.
