Atlanta-based homebuilder Beazer Homes bought a tract of land during the bubble days in Indian Springs, a quiet, pint-sized community, and filed plans to build a subdivision.
Eli Segall’s Real Estate Insider column appears Saturdays in the Business section.
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The Herbst family, operators of the Terrible Herbst gas station chain, has drawn up plans for a five-story, 208-room nongaming hotel as well as retail and restaurant space in Jean.
Investor Wayne Perry is taking ownership of the site of SkyVue, an unfinished eyesore across from Mandalay Bay. No word yet from the Seattle-area businessman on what plans may hold for the Las Vegas Strip land.
In the early 1960s, with gamblers rolling the dice at the Dunes and the Stardust, Irwin Molasky made a different sort of wager: that people would move in droves to a stylish, resort-like community.
Southern Nevada homebuilders signed nearly 1,230 sales contracts in June, the most since February.
With the Aviators going dark this year , the brunt of the financial pain falls on team owner Howard Hughes Corp.
Derek Stevens can only hope his new resort, Circa, fares better than the last new hotel-casino to open in Las Vegas: the Lucky Dragon.
Las Vegas’ housing market is showing signs that its pandemic-sparked turbulence is easing. But it’s too early to say whether the worst of the crisis is over for Southern Nevada’s housing market.
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.
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.
Don’t expect a big burst of real estate action anytime soon.
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.
People are still buying homes, and builders are still building, but the pipeline of sales is shrinking fast amid the turmoil.
Gov. Steve Sisolak last week cited one reason in particular why he let construction keep going in Nevada: jobs.
The economy is in crisis again because of the coronavirus pandemic — but foreclosures are on pause, stopping what could have been an avalanche of repos.