The Siegel Group

The Siegel Group, Inc.
Industry real estate
Founded 2001
Headquarters Paradise, Nevada
Area served
Studio City, California
Key people
Steve Siegel (President & CEO)
Products boutique hotels, hotel casinos, restaurants, apartments, bars, office buildings, retail franchises and shopping centers
Website www.siegelcompanies.com

The Siegel Group, Inc. is a diverse company based in Paradise, Nevada and Studio City, California. It owns and operates boutique hotels, hotel casinos, restaurants, apartments, bars, office buildings, retail franchises and shopping centers.

Properties

Apartments

  • 34 flexible stay apartment communities in Nevada, Arizona, Texas and New Mexico, operated by The Siegel Group under the Siegel Suites brand.
  • 9 extended stay communities in Nevada, New Mexico, Louisiana, Tennessee and Arizona, under the Siegel Select brand.[1]

Hotel/casinos

Boutique hotels

Shopping centers / office buildings

  • Siegel Plaza: 700 E. Naples, Las Vegas, Nevada, near McCarran Airport
  • Laurel Plaza: 12080 Ventura Place, Studio City, California
  • Las Vegas office building: 3790 Paradise Rd, Las Vegas, Nevada[2][3]

History

The Siegel Group was founded in 2001. It maintains corporate offices in Paradise, Nevada, and Studio City, California. It has 1000 employees and has been listed as one of Inc. Magazine's 500 fastest-growing private businesses.

The Siegel Group owned the Gold Spike Hotel and Casino in downtown Las Vegas from February 2008 until selling it in April 2013 to Tony Hsieh's Downtown Project.

Key people in The Siegel Group include Steve Siegel (chief executive officer and president), Maggie Natour (chief financial officer), Judith Siegel (executive vice president), and Michael Crandall (senior vice president).

Growth

The Siegel Group has had rapid expansion in the past. In 2004, it had an annual revenue of $8.5 million[4] and $111 million by 2007.[4]

References

  1. Las Vegas Review-Journal. "Siegel Group Nevada acquires two properties in $12 million deal". Las Vegas Review-Journal.
  2. http://www.lvbusinesspress.com/articles/2011/03/09/news/iq_42433450.txt
  3. John Katsilometes. "The Siegel Group's building buy is its latest attempt to 'take over' Las Vegas". LasVegasSun.com.
  4. 1 2 "The Siegel Group - Las Vegas, NV". Inc.com.
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