Lennar Corp., Shea Homes and Woodside Homes are developing Sunstone located in the far northwest Las Vegas Valley.
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.
Elysian at Tivoli has been in the works for a few years and is slated to feature a rock-climbing wall, virtual-reality sports and other amenities.
MGM Resorts International is selling the Bellagio property and leasing it back, giving the casino operator a cash infusion of more than $4 billion.
Breaking the old record more than 13 years after it was set is more symbolic than anything: It underscores just how high the market had soared, how badly it crashed, and how long the road to recovery has been.
The community in northwest Las Vegas is designed to have around 3,000 homes and just under 30 acres of parks, trails and open space, according to a spokeswoman for one of the builders.
Eric Carlton of Colliers International told the Las Vegas Review-Journal that the Suncoast hotel-casino is not for sale, only the 49-acre parcel on which it sits.
More than 13 years after the market peaked, Las Vegas house prices last month came close to their pre-recession highs.
New York investors have spent billions on Las Vegas real estate in recent years, including a recently announced a half-billion-dollar deal to purchase the Rio from Caesars Entertainment Corp.
Seven Valleys Realty Construction owner Khusrow “K.” Roohani and American West Homes founder Larry Canarelli teamed up to purchase just over 63 acres at the northwest corner of Las Vegas Boulevard South and Starr Avenue.
MG Properties Group announced Thursday that it acquired the 184-unit Village at Desert Lakes for $36.55 million.
Security Properties announced Tuesday that it purchased the 379-unit Lofts at 7100 complex for $80 million.
The NFL team purchased 17.3 acres of real estate near its under-construction stadium for just over $28 million, property records show.
Frank Nothaft, chief economist at housing tracker CoreLogic, discusses the current health of the housing market in Las Vegas and beyond.
Janet Garcia-Legrand, who is set to go on trial in Florida next month, confirmed to the Las Vegas Review-Journal on Wednesday that she is the CEO of project developer Bleutech Park Properties.
Matter Real Estate Group recently obtained a $150 million loan to help pay for UnCommons, a mixed-use project in the southwest valley.
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