Stephen Siegel, Chief Executive Officer of The Siegel Group Nevada, Inc., oversees the daily operations of his many affiliate companies and is responsible for identifying real estate and business development opportunities for our firm. A consummate entrepreneur and self-made businessman, Mr. Siegel began his business endeavors at the young age of sixteen with only a few dollars in his pocket and a passion to succeed. Years later, guided by his vision, passion and determination, he has established and expanded many highly successful businesses, together generating hundreds of millions of dollars in sales.
Throughout his short yet distinguished career, Mr. Siegel has consistently demonstrated his proficiency and success in the acquisition and disposition of real estate, the launching and repositioning of new and existing businesses, and leading critical turnaround initiatives. In 2001 he founded The Siegel Group to help manage his growing aspirations and business portfolio. The firm’s Business Development Division oversees the development of new businesses and the acquisition of existing businesses while the Real Estate Division focuses on the acquisition of distressed and undervalued commercial developments including multi-residential, extended-stay, hospitality, hotel-casinos and retail throughout Nevada, California, Texas and Arizona.
Character matters to Siegel who prefers to surround himself with a management team and staff that share fully his ideals of business integrity, dedication, hard work and social responsibility. Recognizing the importance of giving back to the community, Siegel regularly devotes his time and financial resources to social causes dear to him and regularly invites his employees to join him in serving meals at homeless shelters in both Los Angeles and Las Vegas. In addition to his philanthropic efforts, Siegel currently serves on the Board of Directors of PADRES Contra El Cancer; a Los Angeles based non-profit organization that brings together children, families, healthcare professionals and community leaders to promote a comprehensive understanding of childhood cancer and other blood disorders, as well as, effective methods for their treatment.
With a passion and proven track record of repositioning underperforming business and real estate assets, Siegel has become increasingly involved in the field of construction redevelopment including major renovations to his existing assets which include multi-residential, extended-stay, hospitality, hotel-casinos and retail. His hands-on approach and extensive redevelopment and renovation efforts have earned him a reputation for revitalizing the neighborhoods in which he invests. His plans for the near future include the further acquisition of hotel-casino developments and the expansion of his growing multi-residential portfolio. Like other entrepreneurial pioneers, Siegel continues to refine and expand his interests in real estate, business development, gaming, real estate redevelopment and construction, setting the standards of excellence for all those he works with. While still in his thirties, these accomplishments pale in comparison to the current and future developments planned by Siegel who continues to acquire real estate and under-performing businesses at breakneck speed.
Mr. Siegel holds a Real Estate License in the State of California and is a member of the International Conference of Shopping Centers (ICSC), the Apartment Owner’s Association, the Southern Nevada Multi-Housing Association, and the Nevada Hotel & Lodging Association. He and his company have been recognized by Inc. Magazine as among the Inc. 500 Fastest Growing Private Companies for 2007 and 2008.