The Siegel Group, Inc. is an American diversified company based in Paradise, Nevada and Studio City, California. It owns and operates hotels, hotel casinos, short-stay apartments, office buildings, shopping centers, and land for development.
History
The Siegel Group was founded in 2001 by Steve Siegel, who serves as chief executive officer and president of the company.[1] It maintains corporate offices in Paradise, Nevada, and Sherman Oaks, California. It has 1000 employees and has been listed as one of Inc. Magazine's 500 fastest-growing private businesses. The company purchases existing hotel and apartment complexes, then converts them into low-cost living facilities.[2]
The Siegel Group also 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.
By 2009, the Siegel Suites chain operated apartment complexes in Las Vegas and Mesquite, Nevada, totaling 3,000 units. Siegel had also purchased the Mount Charleston Hotel and renamed it as Resort on Mount Charleston