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Eli Segall

Business reporter

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Bought out of foreclosure, Searchlight airpark could become a draw for RC enthusiasts
Wednesday, July 1, 2015
Bill and Joan Turnbull of Seattle bought the roughly 40-acre property — off U.S. 95 at the southern edge of Searchlight, about 60 miles south of Las Vegas — out of foreclosure for $400,000. They don’t have “hard and fast plans” for the property but are thinking of ...
Commercial real estate is slowly making a comeback, but banks are being more cautious
Monday, June 29, 2015
Southern Nevada’s banks have drastically cut back on construction and development lending since the market tanked. They’ve boosted profits and overall lending, but when it comes to real estate development, bankers aren’t opening the vault nearly as often as they did during the go-go years last decade ...
Vision for Alon Las Vegas, resort on former New Frontier site, is filed with county
Friday, June 26, 2015
Plans filed with Clark County late last month show a two-tower, 1,100-room project called Alon Las Vegas to be built on the 34.6-acre site just north of Fashion Show mall ...
New-home prices, sales and permits up this year in Southern Nevada
Friday, June 26, 2015
Las Vegas homebuilders are gaining speed with rising sales, prices and construction plans, a new report shows. Builders sold 527 new homes in Southern Nevada last month, bringing the year’s total to 2,360, a year-to-year ...
Home repossessions are rising as banks start to clear out foreclosure backlog
Friday, June 26, 2015
Lenders are ramping up foreclosures in Southern Nevada, seizing homes that in many cases likely have been in default — and possibly empty and in disrepair — for a considerable ...
Allegiant board will return intact; investors reject proposal to curb executive pay
Thursday, June 18, 2015
The board members' elections were far from unanimous. Linda Marvin, chairwoman of the audit committee, got “yes” votes from investors representing about 10.3 million of Allegiant’s roughly 17 million shares, by far the fewest of any board member ...
Allegiant board members under scrutiny for approving contracts with CEO’s side businesses
Wednesday, June 17, 2015
CtW Investment Group is asking Allegiant investors to vote out half the six-member board of directors at the ultra-low-cost carrier’s annual shareholders meeting Thursday. The firm, which works with union-sponsored pension funds, cited the three directors’ “collective failure to guard against” the “poor use” of company money ...
Luxury-home construction may not be booming, but it is bouncing back
Friday, June 12, 2015
Azure, a luxury, gated community within a luxury, guard-gated community, is walking distance from a golf course and nestled outside Red Rock Canyon, with hills and mountains practically in its backyard. And now, it’s packed with work crews building mansions ...
‘Zombie’ foreclosures in the Las Vegas Valley are up 16 percent this year
Wednesday, June 10, 2015
About 34 percent of valley homes in the foreclosure process but not yet bank-owned have been vacated by their owners. That means there is more property-ditching in ...
Spirit Airlines will hold Las Vegas job fair to hire flight attendants
Wednesday, June 10, 2015
The company said it’s looking to hire 500 flight attendants. Between 80 and 85 of those jobs would be based in Las Vegas, spokeswoman Irisaida Mendez said. Prospective candidates must ...