Over the past several years investors have paid between $33.3 million and $71 million for Strip Walgreens and CVS locations, property records show.
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.
The Las Vegas housing market has been cooling down this year.
With signs advertising stripper gear, liquor and a strip club, Steve Siegel’s newly acquired commercial building has a very Vegas feel.
Construction crews have put up the frame of Showcase’s new section, where the Smith & Wollensky building formerly stood.
John Knott, head of CBRE Group’s global gaming group, expects to die this month or next from metastatic pancreatic cancer.
All are fetching fewer deals than last year amid a drop in sales throughout Southern Nevada.
Las Vegas house prices inched higher in June to break a three-month flat streak, but the market overall continues to slow from last year’s frenzy.
The 3,400-room hotel-casino project, which is being developed by Malaysia’s Genting Group, did not suffer any damage, a spokesman said.
It was such a frenzy that Brian Bair, CEO of Offerpad, figured the market went to “crazy town,” so he racked up more deals elsewhere.
The investor behind a proposed “smart city” in Northern Nevada has bought a small Las Vegas bank.
A Chicago real estate firm has bought two Las Vegas Valley apartment complexes for more than $140 million combined, property records indicate.
Google held a ceremonial groundbreaking Monday for its Henderson data center, a project that’s been under construction for months.
Allegiant is also the only U.S. airline with side businesses that aren’t directly related to air travel, analysts told the Review-Journal — and its push outside aviation has left plenty of observers scratching their heads.
The parcels will be offered for no less than fair market value as determined by an appraisal, the Bureau of Land Management said.
A New York investment firm announced Friday it bought 9.5 acres of real estate along Las Vegas Boulevard for $172 million, or about $18 million an acre.
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