The north Strip skyscraper’s history is marked by bankruptcy proceedings, halted construction, different sets of owners, and national economic meltdowns.
Eli Segall
Reporter: Real estate
Email: esegall@reviewjournal.com
Phone: (702) 383-0342
X: @eli_segall
Eli Segall joined the Review-Journal in August 2016 after covering real estate and other business topics for four years at the Las Vegas Sun. He also worked for the Silicon Valley/San Jose Business Journal, The Associated Press and other news groups. Segall has a bachelor’s in political science from the University of Michigan and a master’s in journalism from the University of Maryland. His awards include 2017 Story of the Year from the Nevada Press Association.
Construction of the 26-acre SunPoint Commerce Center is expected to start this summer.
Las Vegas real estate investor Steve Siegel is perhaps best known for his portfolio of low-priced apartment complexes bearing his name, but now he is the Strip’s newest landowner.
Frank Nothaft, chief economist with housing tracker CoreLogic, expects a strong spring buying season.
The new landlord is looking to develop more space at Tivoli and draw more tenants to the bubble-era real estate project.
Producers of “The Battle of Absolute Dominion” have filed plans with the state of Nevada to film at a shuttered hotel-casino far from the Strip.
“We keep expecting prices to slow down at some point, but it’s not happening yet,” LVR President Brandon Roberts said in a news release.
Howard Hughes Corp. is investing in Jean-Georges Restaurants, which has dozens of locations, including two on the Strip.
Major projects do get built in America’s gambling capital, and there are always people willing to spend time and money outside the casino floors.
Based on the sales price, the “implied value” of the Chicago tower exceeds $1 billion, the Howard Hughes Corp. said in a release.
Dermody Properties is grading land for a 664,300-square-foot distribution facility at the southern edge of Apex.
The buyer, whose identity could not immediately be confirmed, purchased Jon Gruden’s house through a limited liability company called Nighthawk Holdings.
Sales prices are climbing fast even as mortgage rates rise, something analysts had predicted could throw cold water on the market.
The operator of a “cannabis-friendly” hotel in Phoenix has acquired a boutique property near the Strip.
Amid a warehouse boom that has depleted the tally of potential project sites in the valley and pushed up land prices, Apex is seeing more construction plans.
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