The purchase by no means guarantees the long-vacant space will be filled anytime soon. But it shows that investors haven’t given up on big-box retail , despite industry woes.
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.
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.
Don Ahern, who bought the property last month for $36 million, said Wednesday that he hopes to reopen the property’s nine-story hotel tower in the next 60 days.
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.
Pebb Enterprises has acquired Rainbow Promenade, a 228,279-square-foot retail plaza at the southwest corner of Rainbow Boulevard and Smoke Ranch Road.