Jason LeDell is listed simultaneously as managing partner of Cherry Development, which builds workforce housing in downtown Las Vegas, and as corporate broker and regional manager of RHOME, a property management company explicitly backed by Associa, the largest HOA management company in the United States. Associa received a private equity investment from Summit Partners in… Continue reading ONE MAN, TWO HATS, AND THE PRIVATE EQUITY CHAIN BEHIND DOWNTOWN LAS VEGAS HOUSING
Category: national
THE FIRM THAT WANTS TO OWN EVERY SPORT IN LAS VEGAS
In the span of five days, KKR launched a commercial vehicle to bring professional soccer to new American markets, a Las Vegas group submitted a bid to relocate an MLS franchise here, and a $10 billion NBA expansion process targeting Las Vegas entered its formal phase. None of these events are unrelated. KKR has minority… Continue reading THE FIRM THAT WANTS TO OWN EVERY SPORT IN LAS VEGAS
WALL STREET BOUGHT YOUR KID’S HIGH SCHOOL GAME
The firm behind the 1989 leveraged buyout of RJR Nabisco now controls the streaming rights, ticketing platform, and athlete data for high school sports in Nevada and across the country. KKR’s $744 billion empire has quietly built a tollbooth around the games that once cost nothing to watch. If a grandparent in Henderson wants to… Continue reading WALL STREET BOUGHT YOUR KID’S HIGH SCHOOL GAME
The DHS Shutdown Is Over. ICE Didn’t Get What It Wanted.
After a record 75-day partial shutdown, Congress passed and President Trump signed a bill to fund the Department of Homeland Security. TSA workers will be paid. ICE did not get the new enforcement money it wanted. President Trump signed a DHS funding bill into law Thursday evening, ending the longest partial government shutdown in U.S.… Continue reading The DHS Shutdown Is Over. ICE Didn’t Get What It Wanted.
The Economy Grew 2%. Don’t Pop the Champagne.
The U.S. economy grew at a 2.0% annual rate in the first quarter of 2026. That number looks solid until you read what’s underneath it. Inflation hit 4.5%. Consumer spending is slowing. Housing is contracting. And most of the growth came from a rebound that won’t repeat. The Bureau of Economic Analysis released its advance… Continue reading The Economy Grew 2%. Don’t Pop the Champagne.
May Day 2026: The Streets Had Something to Say
Today is May Day 2026. Across the country, hundreds of thousands of workers, teachers, nurses, and students walked out, boycotted shopping, and marched in the streets. Organizers called it the largest coordinated labor action since last year’s No Kings protests. The message was direct: workers over billionaires. May Day demonstrations swept across the United States… Continue reading May Day 2026: The Streets Had Something to Say
CAN ANYONE CHECK THE PRESIDENT ON IMMIGRATION
The Supreme Court heard nearly two hours of argument on April 29 over whether courts can review the Trump administration’s termination of Temporary Protected Status for 330,000 Haitians and 6,100 Syrians. The administration’s answer was no. If the Court agrees, the same logic applies to 1.3 million TPS holders from 17 countries, including thousands in… Continue reading CAN ANYONE CHECK THE PRESIDENT ON IMMIGRATION
WHO WRITES YOUR FOOD ADVICE
Reporting by More Perfect Union found that industry money saturates nutrition research, lobbyists have spent decades scrubbing the words ‘eat less’ from federal guidelines, and the Trump administration’s new dietary rules were shaped by a panel where seven of nine members had financial ties to meat, dairy, or supplement industries. Beneath all of it, the… Continue reading WHO WRITES YOUR FOOD ADVICE
THE COURT FINISHES THE JOB
In 2013, the Supreme Court disabled the Voting Rights Act’s preclearance requirement and promised Section 2 would remain as a backstop. On April 29, 2026, a 6-3 majority finished the demolition. Louisiana v. Callais rewrites the rules for challenging racially discriminatory maps, adds burdens Congress never wrote into the law, and arrives four days before… Continue reading THE COURT FINISHES THE JOB
THE ABORTION CASE THAT IS NOT ABOUT ABORTION
A unanimous Supreme Court ruled April 29 that a New Jersey anti-abortion nonprofit can challenge a state subpoena for its donor list in federal court without waiting for state enforcement. The decision lands squarely in the abortion debate, but the legal principle it establishes reaches far beyond it, and the coalition that won the case… Continue reading THE ABORTION CASE THAT IS NOT ABOUT ABORTION
KVIG Informative 