Real Estate

Eric Trump: ‘We’ve had so much good luck. We’re buying everything around the world’

Eric Trump hosts a party at Trump International Hotel and Tower on Thursday, Oct. 16, 2014, in Las Vegas.

I’ve known Eric Trump since he was a youngster, and he’s grown up as a duplicate of The Donald following in his father’s famous footsteps. They sound alike and talk alike.

Seller of Atomic Liquors building buys bank-owned office building

A view of Atomic Liquors, the oldest standing bar in Las Vegas, on Fremont Street, June 27, 2012.

A few months after selling the Atomic Liquors building to Downtown Project, the bar’s bosses have plunked down a few million for an office building in ...

Owner of downtown’s Ogden bucks trend with condo sales blitz

KRE Capital has begun listing condo units at the Ogden, shown Wednesday, Oct. 15, 2014. The condos, at 815 to more than 2,000 square feet, are priced from around $200,000 to the mid-$600,000 range.

When investors bought the Ogden and four other Las Vegas residential complexes last year for big dollars, they were among many laying bets on the valley’s apartment market. Now they’re betting they can ...

Las Vegas home sales dip, but prices inch upward

A view of a neighborhood with three-story homes in Las Vegas, April 4, 2013.

Despite a slowdown in sales, Las Vegas used-home prices inched past the $200,000 mark last month. The median price of single-family homes sold in September was ...

Staging a home: Art and science

Once foundations are poured and tiles are laid, home developers spend big bucks to decorate model homes to make them cozy and inviting.

Back in business: Henderson’s Inspirada eager for a comeback

Traffic is shown on Bicentennial Parkway at the Inspirada master-planned community in Henderson, Monday, Sept. 29, 2014.

On the outskirts of southern Henderson, near large swaths of open desert and a small airport buzzing with private planes, the Inspirada community has been a prime example of ...

Court’s HOA foreclosure ruling ‘a win for Nevada,’ Las Vegas investor says

A foreclosed home is shown in the Silverado neighborhood of Las Vegas.

The recent Nevada Supreme Court decision that allows homeowners associations to trump mortgage lenders in foreclosing on homes had plenty of critics, but they have it ...

Report: Rising prices a drag on new-home sales

Las Vegas Strip casinos can be seen behind new home construction in Summerlin Wednesday, July 30, 2014.

Las Vegas homebuilders are stuck in the doldrums as buyers continue to shy away from hefty price tags, a new report shows. Local builders sold 530 new homes in August, bringing this year’s total to ...

Long-planned Henderson health care complex poised to break ground

Developers of Union Village, the proposed $1.2 billion hospital-retail-residential project on Galleria Drive at U.S. 95 in Henderson, plan to hold a ceremonial groundbreaking Oct. 8. Above, workers install fencing around the project site on Monday, Sept. 22, 2014.

Developers of a colossal Henderson health care project, years behind schedule, say they’re making progress on their plans and getting ready to build. Invitations have gone out to political leaders and businesspeople to attend a ceremonial groundbreaking Oct. 8 of Union Village, the proposed $1.2 billion ...

State high court ruling favors HOAs over banks on home seizures

A foreclosed home is shown in the Silverado neighborhood of Las Vegas.

Nevada’s highest court has upheld a law that lets homeowners associations foreclose on houses ahead of mortgage lenders, even if HOAs are owed a fraction of what ...

Allegiant CEO buys Las Vegas Boulevard wedding chapel

Allegiant Air CEO Maurice “Maury” Gallagher has purchased Chapel of the Flowers wedding chapel north of the Strip.

Allegiant Air boss Maurice “Maury” Gallagher, who’s made a fortune selling cheap plane tickets and a bevy of add-on fees, has entered a new, albeit still low-priced, line of business: Las Vegas weddings. Will the new business venture lead to flight and wedding packages? ...

Why once-troubled reverse mortgages are poised for a rebound

In this Thursday, Sept. 11, 2014 photo, Myles Griffin, 74, poses for a photograph in front of his home in Philadelphia. Griffin has lived with his wife for 40 years in their three-bedroom row home and after retiring three years ago, the couple signed up for a reverse mortgage in May.

Advertised as a path to an affordable retirement, federally insured reverse mortgages are showing signs of a comeback, drawing the scrutiny of regulators seeking to ...

More parking, more stores coming to Premium Outlets-North

Construction is in progress at Las Vegas Premium Outlets-North on Wednesday, Sept. 3, 2014.

Las Vegas Premium Outlets-North is expanding again. Management of the mall, which is on Grand Central Parkway near the Spaghetti Bowl, has expanded a parking garage with 780 more spots and is building ...

‘Only a matter of time’: Las Vegas home prices flatten out

This 2012 file photo shows a home for sale in Henderson.

Las Vegas housing prices were flat last month as the market slows down from its meteoric recovery from the recession. The median sales price of single-family homes in August was ...

Half-price sale: Vacant land on north Strip — $16M an acre

Development company Triple Five is trying to sell a 5.4-acre property on the north Strip for $16 million per acre, as pictured Wednesday, Sept. 3, 2014.

At the peak of the bubble, development firm Triple Five plunked down $180 million for property on the north Strip with plans to build a resort with an observation wheel. Today the land sits mostly empty, a sprawling parking lot in a struggling area, and Triple Five is trying to sell it ...