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Biden Commutes Prison Sentence for Construction Boss in Las Vegas HOA Takeover Scheme

Biden Commutes Prison Sentence for Construction Boss in Las Vegas HOA Takeover Scheme

by Phil Hall | Dec 16, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

A former construction company owner who was sentenced to over 15 years in prison for a $58.1 million scheme to defraud Las Vegas-area homeowner associations (HOA) had his sentence commuted by President Joe Biden. According to combined media reports, Leon Benzer is the...
Groundbreaking for New 342-Unit Multifamily Community in Las Vegas

Groundbreaking for New 342-Unit Multifamily Community in Las Vegas

by Phil Hall | Dec 13, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two real estate development firms, The NRP Group and Rockefeller Group, have announced the groundbreaking for Silverado, a Class-A, 342-unit apartment community in Las Vegas. The new property is located in the Enterprise submarket near the Southern Highlands...
Las Vegas Police Fatally Shoot Realtor Who Called for Help During Home Invasion

Las Vegas Police Fatally Shoot Realtor Who Called for Help During Home Invasion

by Phil Hall | Nov 20, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

A realtor in Las Vegas was shot and killed by a police officer shot after for help after an intruder broke into his home. According to combined media reports, Brandon Durham was in his home with his 15-year-old daughter in the early hours of Nov. 12 when he called the...
The Siegel Group Sells 20 Acres of Las Vegas Land to KB Home for $19 Million

The Siegel Group Sells 20 Acres of Las Vegas Land to KB Home for $19 Million

by Phil Hall | Oct 17, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Siegel Group, a real estate investment and management firm, announced an off-market sale of a portion of its land holdings in Las Vegas to the homebuilder KB Home (NYSE: KBH) for $19 million. The sale includes approximately 20 acres of a larger 27-acre assemblage...
Las Vegas’ Iconic Tropicana Hotel is Demolished

Las Vegas’ Iconic Tropicana Hotel is Demolished

by Phil Hall | Oct 9, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

One of the most iconic lodging destinations on the Las Vegas Strip disappeared into rubble this morning as the Tropicana Hotel was taken down in a demolition implosion. The hotel’s two towers were brought down by Controlled Demolition Inc. at 2:37 a.m. PDT. The...
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