The Fontainebleau, soaring 60-plus stories above Las Vegas Boulevard, went bankrupt 10 years ago on June 9, 2009.
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.
The median sales price of previously owned single-family homes was $300,000 in May, according to a new report from the Greater Las Vegas Association of Realtors.
Life Time founder Bahram Akradi said one-bedroom units might cost about $2,500 per month and two-bedrooms will probably start at $3,000.
Las Vegas has no shortage of homes for rent between $1,000 and $2,000 a month. Some landlords, however, charge the price of a new car every four weeks.
Las Vegas’ prices rose fastest among the 20 markets in the report for the 10th consecutive month, though the growth rate has slowed locally and nationally.
State lawmakers approved a bill in 2015 — a decade after Las Vegas’ wild building spree — that raised barriers to pursuing lawsuits alleging shoddyconstruction.
The state Assembly approved a bill last month that would make it easier for homeowners to pursue construction defect claims — and potential lawsuits — against builders, contractors and others who worked on their houses.
DTP Companies announced Tuesday that it renovated 88 rooms at the Downtowner and spruced up its courtyard and exterior.
Single-family houses dominate Las Vegas’ home construction market, but sales are slipping as buyers gravitate toward lower-priced condos and townhomes.
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.
The Lucky Dragon’s developers and prior management are facing lawsuits from Chinese investors, the project’s main lender and a Canadian high-roller who paid a $400,000 deposit to lease the casino just one month before it abruptly closed.