SIEGEL GROUP NEVADA INC
SIEGEL GROUP NEVADA INC
Industry
About SIEGEL GROUP NEVADA INC
The Siegel Group Nevada, Inc. is a diversified real estate investment and management firm specializing in the acquisition, repositioning, development, and operation of various real estate assets. These include multifamily apartments, hotels, casinos, retail spaces, and office buildings.
Founded in 2001 by Stephen Garrett Siegel, the company has established a significant presence in the real estate sector, particularly in Las Vegas, Nevada.
Over the years, The Siegel Group has expanded its portfolio to include a diverse range of properties. These include boutique hotels, hotel casinos, short-stay apartments, office buildings, shopping centers, and land for development.
Notable Ventures
One significant venture is the Siegel Suites chain, operating apartment complexes in Las Vegas and Mesquite, Nevada, totaling approximately 3,000 units. These properties provide affordable and flexible living arrangements for residents.
The company has also been involved in various business ventures. Partnerships include renowned entities such as the Blue Man Group, Live Nation, and Care Bears. It is also the official doughnut partner of the Las Vegas Raiders and Vegas Golden Knights.
Headquarters and Locations
The Siegel Group's headquarters are located in Paradise, Nevada. There are additional offices in Studio City, California.
It operates properties across various U.S. locations, including:
- Las Vegas, NV
- North Las Vegas, NV
- Memphis, TN
- Jackson, MS
- Chattanooga, TN
- Mesquite, NV
Challenges Faced
In recent years, The Siegel Group faced scrutiny regarding eviction practices during the COVID-19 pandemic. A U.S. House panel investigation found the company employed aggressive tactics, including deception and harassment, to evict tenants during this period.
Current Position
Despite challenges, The Siegel Group remains a significant player in the real estate industry. It continues to focus on acquiring and managing diverse property types across various markets.