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Eli Segall

Business reporter

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Bump in credit-card debt of Las Vegans almost double national rate
Friday, July 31, 2015
Las Vegas had the second-fastest rate of debt growth among the 25 largest metro areas, Equifax said. The valley trailed — albeit barely — another area synonymous with America’s real estate bust ...
Allegiant’s second-quarter earnings are up 62 percent from last year
Wednesday, July 29, 2015
The airline, with small base fares and a large menu of add-on fees, flew more people in the second quarter compared with a year earlier but, to fliers’ delight, charged less money per ticket ...
Las Vegas ranked last in report on large cities’ housing market health
Wednesday, July 29, 2015
Las Vegas’ housing industry is stronger today than it was after the economy collapsed, but it’s still bogged down by an array of problems — and according to a new report, it’s the unhealthiest market in America. Personal-finance website WalletHub ...
With Ikea building, a major project finally sprouts at Sunset and Durango
Wednesday, July 29, 2015
When Ikea was in talks to buy a big piece of land in Las Vegas, executives wanted to keep it hush-hush. They even gave the deal a code name in honor of Nevada: “Project Silver.” “I named it myself,” Ikea spokesman Joseph Roth said. Ikea, the popular ...
With luxury complex, homebuilder making leap to Las Vegas’ apartment market
Friday, July 24, 2015
The partially built site at Tropicana Avenue and Grand Canyon Drive was supposed to have pricey condos years ago, but previous owners lost the project, dubbed the Mercer, to foreclosure during the recession ...
Home purchases by investors in Las Vegas now on par with national rate
Wednesday, July 22, 2015
Institutional investors — those who purchase at least 10 homes annually — bought 1.9 percent of homes sold in the Las Vegas area in the first half of the year. That’s down from ...
Gordon Silver’s move leaves Hughes Center with swanky, 54,000-square-foot vacancy
Wednesday, July 22, 2015
With stone flooring, glass conference-room walls, a private stairwell and a lounge with ventilation that sucked the cigar fumes from the room, the high-rise headquarters of law firm Gordon Silver conveyed a message of success. It cost a lot to look that good and live that large. But Gordon Silver, hollowed out by waves of defections this year, has moved across town, leaving a gaping hole in ...
Despite hurdles, 2015 has been kind to Southern Nevada homebuilders
Monday, July 20, 2015
Local builders sold 633 new homes last month, bringing the year’s total to 2,993, up 10.7 percent from the same period in 2014, according to Las Vegas-based Home Builders Research ...
Firm buys out partner in The District at Green Valley Ranch
Thursday, July 16, 2015
Almost four years after buying the District at Green Valley Ranch out of foreclosure, a Phoenix real estate firm has bought out its partner on the deal, paying far more than the duo originally spent. Vestar has paid $120 million to ...
Signs point to healthier resale housing market in Las Vegas
Thursday, July 16, 2015
Two types of buyers in particular are fueling the uptick in sales totals: those who went through a foreclosure or short sale years ago and for a long time couldn’t get a mortgage, and those who were beat out by the investors who flooded the valley for housing deals that ...