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Siegel Group history
Siegel Group company history timeline
The Siegel Group was founded in 2001 by Steve Siegel, who serves as chief executive officer and president of the company.
In 2004, as prices in Los Angeles continued to increase, Siegel turned his attention to the Las Vegas market, where he began identifying and acquiring distressed apartment assets located on prime real estate.
He renovated these distressed assets and created the Siegel Suites concept in 2006, a brand of flexible-stay apartments particularly well-suited to the transient market.
In 2009, Siegel Group purchased the closed St Tropez, a 150-room hotel in Las Vegas across from the Hard Rock Hotel.
The company renovated and reopened it in 2010, as a boutique hotel called Rumor.
In June 2015, The Siegel Group acquired a property in Arizona from Legacy Suites for $8.3 million.
Siegel eventually put the hotel up for sale in 2016, then decided to convert it into an apartment and extended-stay facility.
An earlier Siegel Suites began construction in Las Vegas in 2017.
In May 2019, the group acquired two buildings in Las Vegas for $8.35 million and plans to turn them into a hub for eateries.
In 2019, Siegel announced that he would tear down the closed Atrium Suites building and construct a Siegel Suites in its place.
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Siegel Group competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| The Howard Hughes | 2010 | $1.4B | 600 | 15 |
| Turnberry | 1967 | $340.0M | 1,300 | 35 |
| Xenia Hotels & Resorts | 2014 | $1.0B | 48 | - |
| Kimpton Hotels & Restaurants | 1981 | $1.0B | 8,135 | 743 |
| Boyd Gaming | 1975 | $3.9B | 25,000 | 423 |
| Columbia Sussex | 1972 | $24.0M | 120 | - |
| MGM Growth Properties | 2015 | $782.1M | 1,216 | - |
| B. F. Saul | 1892 | $100.0M | 242 | 18 |
| Koury | 1952 | $320.0M | 1,400 | - |
| Oak Point | 1997 | $250.0M | 1,000 | 34 |
Siegel Group history FAQs
Zippia gives an in-depth look into the details of Siegel Group, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Siegel Group. The employee data is based on information from people who have self-reported their past or current employments at Siegel Group. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Siegel Group. The data presented on this page does not represent the view of Siegel Group and its employees or that of Zippia.
Siegel Group may also be known as or be related to Siegel Group and The Siegel Group.