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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

The recession took its toll on Las Vegas — but there were other elements

And at first glance, anyone who’d driven past the abandoned, beat-up office complex on Durango Drive at Hacienda Avenue the past few years might lump this with the rest, figuring it was just another rundown project that flopped with the economy. But this mess had nothing to do with the recession.

Proposed Raiders stadium site has storied history

The stadium for the Raiders, which would be backed by $750 million in taxpayer funds, isn’t the first project to get pitched for the Russell Road and Dean Martin Drive site.

Home-purchase loans on the rise in Southern Nevada

Mortgage lenders may not be as slaphappy as they used to be, giving money to basically anyone who wanted a house. But in the past few years, with the economy mending and the housing market pulling itself out of the dumps, they’ve opened the vaults wider and wider.

For a few dollars, you can own a stake in a Las Vegas home — sort of

The Blackstone Group bought homes in bulk to turn into rentals after the market crashed, forming a company, Invitation Homes, for the venture. Invitation now owns almost 50,000 homes, including more than 900 in the Las Vegas area.

Las Vegas housing recovery continues; hotel sale may be imminent

It wasn’t long ago – less than a decade – that Las Vegas’ housing market was a mass grave of foreclosures. Southern Nevada still gets more repo activity than most areas of the country. But overall, its foreclosure woes aren’t nearly as severe as they used to be.

Pig farm, Loft 5 among top Las Vegas real estate deals of 2016

Las Vegas’ never-boring real estate market didn’t disappoint in 2016. There were plenty of deals, and some were more unusual than others. Here’s my list of the top 10 of 2016.

Australian billionaire Packer again rolls snake eyes in Vegas

Australian billionaire James Packer has invested a fortune in casinos, including in Las Vegas. But when it comes to building a resort in the heart of America’s gambling mecca, Packer’s plans keep fizzling out.

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