Stephen Siegel | |
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Born | January 26, 1971 |
Occupation | Real Estate Development |
Website | StephenSiegel.com |
Stephen Garrett Siegel "Steve Siegel" (born January 26, 1971), is the founder and chief executive officer of the Siegel Group Nevada, Inc. He oversees the daily operations of his many affiliate companies and is responsible for identifying real estate and business development opportunities for his firm, which employs 1000 people.
At 21, Siegel purchased his first piece of real estate and embarked on his first solo venture, founding Prestige Motors, a one-bay mechanical auto repair shop which he repositioned as a collision center, generating annual sales of over $2 million. Six years later Siegel sold this business, using the proceeds to acquire a majority stake in Uncle Howie Products, a struggling business involved in the manufacturing of children’s upholstered furniture. The company was immediately restructured under Siegel who used his business know-how to expand operations and increase sales and efficiency. He successfully negotiated, secured and managed licensing for brands such as Nickelodeon’s Blues Clues, Mattel’s Barbie, Pokémon and Betty Boop and expanded the company’s product line into national retailers including Sears, Target, JCPenney and Toys "R" Us.
Siegel founded the Siegel Group in 2001. His affiliated companies include boutique hotels, hotel casinos, restaurants, apartments, bars, office buildings, and retail franchises. Some of these holdings include 26 Siegel Suites apartments in Nevada and Arizona, three Siegel Suites Select apartments in Nevada and Arizona, four hotels in Las Vegas (The Resort on Mt Charleston, Siegel Slots and Suites, the Artisan Boutique Hotel, and Rumor Boutique Resort), and the property management company SASCO Properties. Siegel has since diversified into a variety of industries which include bars, restaurants, night clubs, franchising and product development, branding and marketing.