strip: CityCenter condos could play a key role - 08/07/08 06:34 PM
Just a few days ago MGM Mirage reported that it is about to wrap up financing for its huge CityCenter project on the Strip. The total cost of the development is tagged at $9.2 billion and it still needs about $3 billion to cover the rest of the construction. According to … (6 comments)
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strip: Boyd Gaming's Echelon project put on hold. Report caps off week of bad news for Las Vegas. - 08/01/08 03:38 PM
An under-construction, multi-billion-dollar mega-resort on the Las Vegas Strip has been put on hold. On August 1st, 2008, several media outlets reported that Boyd Gaming would cease construction on its Echelon property for a minimum of three to four quarters due to difficult capital markets and current economic conditions. The announcement came a day … (4 comments)
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strip: Aaron Auxier's VIVA VEGAS! Luxury Real Estate Update - July 2008 - 07/21/08 06:05 PM
VIVA VEGAS! Luxury Real Estate Update - July 2008.
Blogging speaks louder than words. If this is NOT your first time receiving the VIVA VEGAS! Luxury Real Estate Update, you're probably familiar with the fact that I usually fill this area with all kinds of tasty goodies, political jabs, and … (2 comments)
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strip: How a Bad U.S. Economy Can Play in Vegas' Favor - And Another Strip Property Creates Thousands of New Jobs. - 07/02/08 10:00 PM
Is your city beginning to experience heavy layoffs because of the current status of the United States economy? Experts agree that high unemployment rates in other cities can play in Las Vegas' favor - A hiring-hotspot where thousands and thousands of jobs are currently being created - and filled.
In late June … (4 comments)
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strip: Dear Las Vegas, - 06/28/08 01:44 AM
I decided to let you know what you mean to me and why. Where do I start? When I decided to move to you from the city in which I was born and raised; you welcomed me with open arms. You didn't judge nor did you make me feel uncomfortable, as a matter of fact (after just a few … (2 comments)
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strip: Using full website names is sooooo 2000. At least in Las Vegas baby! - 06/24/08 05:23 AM
LVSD and VCS (and soon to come LOTS) -- Acronyms for cutting-edge Las Vegas high-rise condo real estate websites and/or blogs that have garnered a cult-like following. Each site has its own unique style and relevance in the market place, offering several options to those who seek news and information in regards to the Las … (0 comments)
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strip: MGM MIRAGE announces the Ultimate Las Vegas Crash Pads promotion for Veer Towers at CityCenter. - 06/19/08 04:03 AM
MGM MIRAGE has announced a special promotion for Veer Towers, two residential Las Vegas Strip high-rise condominium towers that sit at the heart of CityCenter. The limited-time promotion offers buyers a chance to pick up specially-selected studio floor plans that will come as turn-key, fully-furnished units at no additional cost.
Unlike condotel properties such … (2 comments)
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strip: Photo Update - Cosmopolitan Resort Casino - June 2008 - 06/17/08 02:34 AM
The below photographs of Cosmopolitan Resort Casino were taken by Aaron Auxier in June 2008.
See more photos and read up-to-date news tidbits about the Las Vegas Strip Here.
The Cosmopolitan Resort Casino now dwarfs the Jockey Club.
Cosmo Beach Club Tower - Cosmopolitan Resort … (1 comments)
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strip: Photo Update - MGM MIRAGE CityCenter - June 2008 - 06/17/08 02:03 AM
The below photographs of MGM MIRAGE CityCenter were taken by Aaron Auxier of Luxury Realty Group in June 2008.
See more photos and read up-to-date news tidbits about the Las Vegas Strip Here.
MGM MIRAGE CityCenter and Cosmopolitan Resort Casino.
Portion of the track for … (1 comments)
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strip: Aaron Auxier's VIVA VEGAS! Luxury Real Estate Update - June 2008 - 06/17/08 12:40 AM
VIVA VEGAS! Luxury Real Estate Update - June 2008.
In Preparation for the Future - It's Time to get Personal Whether you've been a reader since the start, or you're receiving your first VIVA VEGAS!, we all have a common bond - we love this city. Together, we have shared … (2 comments)
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strip: Photo Update - Las Vegas Strip Construction - 47 Pictures! - June 2008 - 06/16/08 08:49 PM
The below photographs were taken by Aaron Auxier of Luxury Realty Group in June 2008.
If you'd like to compare shots to the last update, see Aaron Auxier's April 2008 Las Vegas Photo Update Here.
MGM MIRAGE CityCenter and Cosmopolitan Resort Casino.
Portion … (6 comments)
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strip: Palms Place Las Vegas-Resales are Coming to Market - 05/28/08 04:12 PM
We are beginning to see resale condos coming to market at Palms Place. These luxury condos in the third and most westerly tower in the Palms Place cluster, can be placed in an on site rental program when not in use by the owner. The studio condos at Palms Place are … (0 comments)
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strip: Siegel, Hughes, Wynn, and Adelson. Each led the Las Vegas Strip into a new direction. - 05/26/08 08:44 PM
The Las Vegas Strip is entering its fourth stage of major development, each stage being led by a single individual. As today's Las Vegas Strip development scene heads into "boutique high-end", this time, Sheldon Adelson earns the right to say he was first. Not only does The Palazzo feature high-end retail and future luxury condominiums, … (7 comments)
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strip: Ritzy Blog Delivers Quick Daily Updates and Photos from the Las Vegas Strip - 05/23/08 12:23 PM
Press Release for LasVegasStripDaily.com
May 23, 2008 - In what he calls a multi-step process for raising the bar in regards to helping readers access relevant Las Vegas Strip development news and information, Aaron Auxier of Luxury Realty Group has launched LasVegasStripDaily, a news and photo based blog site. He … (1 comments)
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strip: Top-7 announcements and achievements for MGM MIRAGE CityCenter in March 2008. - 05/18/08 01:24 AM
Since May 2008 began, there have been quite a few interesting developments in regards to MGM MIRAGE CityCenter. From luxury high-rise condo properties getting their first glass to a billion-dollar increase in construction costs, the news keeps coming. This blog will act as a hub, linking to the Top-7 May 2008 … (0 comments)
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strip: ARIA Resort & Casino - MGM MIRAGE CityCenter on the Las Vegas Strip. - 05/17/08 11:15 PM
On Monday, May 19, 2008, MGM MIRAGE is expected to officially announce ARIA Resort & Casino - the 61-story heart of the approx. $9.2-billion, eco-friendly CityCenter mega-resort under construction on the Las Vegas Strip.
Much like a flawless note that is heard in an opera, or a solo performance that sends tingles … (0 comments)
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strip: Palms Place Condos in Vegas- Take a Video Tour of a 15th floor Strip View 1 BR CONDO FOR SALE - 05/17/08 11:18 AM
Palms Place has just opened its hotel-condo tower. We have a few resale condos on the market inlcuding this one bedroom strip view 15th floor unit prices at $ 1,345,000. Seller will look at all offers.....check out the video tour below and contact Lauren Stark at 702 236-8364 or Travis Scholl … (0 comments)
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strip: Perfect for Poker Players - Tour a Posh Pad FOR RENT at Turnberry Place Las Vegas! - 05/09/08 09:04 PM
With the World Series of Poker starting in Las Vegas at the end of this month, we are receiving a number of phone calls from poker players asking for furnished rentals for a couple of months in the luxury high rise condominiums close to the strip. For those who are successful … (0 comments)
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strip: Unique Trophy Property in SKY LAS VEGAS Condos with Private Hot Tub - 05/07/08 08:53 PM
Every Once Upon a Time - a Property so Rare and Unique comes on the market, offering an opportunity to own something so very special. We have listed for sale, 2 side by side "LANAI" condos in SKY LAS VEGAS, the only residential high rise condo tower on the Las Vegas strip.
(The … (2 comments)
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strip: Turnberry Place Fully Furnished Condo FOR RENT - $ 3400 per month - 05/07/08 08:31 PM
TURNBERRY PLACE TOWER 1
Luxury High Rise CONDO FOR RENT
$3400 Per Month - Fully Furnished & Appointed
Turnberry Place is a guard gated enclave one block east of the Las Vegas Strip. This 2050 sq. ft. condo has every amenity imaginable - even Tempurpedic mattresses in the Dual masters!
… (0 comments)
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strip: Aaron Auxier's VIVA VEGAS! Luxury Real Estate Update - May 2008. - 05/02/08 11:58 AM
Aaron Auxier's VIVA VEGAS! Luxury Real Estate Update - May 2008.
As of May 2008, only four residential high-rise projects (on or near the Strip) are selling pre-construction inventory: The Harmon Residences, Veer Towers, The Residences at Mandarin Oriental, and Panorama Towers T3. In this edition, you'll be updated with the latest … (1 comments)
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strip: SKY STRIP HIGH RISE CONDO ABSOLUTE BARGAIN -Selling BELOW COST! - 05/02/08 12:45 AM
BEST BARGAIN STEAL OF A DEAL IN THE PREMIER 09 STACK IN SKY!
Selling BELOW COST! INCREDIBLE VALUE FOR A PREMIER VIEW CORNER CONDO!
… (0 comments)
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strip: Las Vegas High Rise Foreclosure Deal at Metropolis - 04/27/08 04:01 PM
Las Vegas High Rise Condo Foreclosure Deal
Metropolis Unit # 1703
CLICK TO VIEW INFO
Every day we get calls asking about high rise condo foreclosures near the strip. There are not many. Once in awhile, a great value appears. We believe this Metropolis beauty is a solid value. Buyers must be prequalified with … (0 comments)
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strip: 4 on 4 - Pricing Comparing - 4 resale projects vs. 4 pre-construction projects. Las Vegas High-Rise Stats. - 04/26/08 09:12 PM
Comparing the resale MLS listings in four residential Las Vegas luxury high-rise condo projects to four residential pre-construction buildings on or near the Las Vegas Strip.
The locations of all developments below can be seen on our color-coded Las Vegas Strip Condo Map.
-----PRE-CONSTRUCTION OPPORTUNITY - Residential High-Rise Condo Inventory … (0 comments)
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strip: Panorama Towers - Las Vegas - MLS Resale Listing Update - April 18th, 2008. - 04/20/08 01:45 AM
The new CityCenter mega-resort project in Las Vegas is well on its way. After just over a years worth of sales, MGM MIRAGE (with partner Dubai World) has sold over $1.6 billion worth of Las Vegas Strip real estate. As of April 18th, 2008, MGM MIRAGE reports it has sold approx. … (0 comments)
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strip: Station Casinos to build $10 billion resort west of MGM MIRAGE CityCenter? - 04/20/08 12:11 AM
According to a recent article in Forbes, Station Casinos (now owned by Fertitta/Colony Partners) revealed they may develop a 110-acre parcel slightly west of the $8.4 billion MGM MIRAGE CityCenter project in Las Vegas. The project was referenced by Station Casinos as Viva.
It will be interesting to see how this … (1 comments)
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strip: Recent appearance on FOX 5 News in Las Vegas and high-rise condo facts. - 04/17/08 03:17 AM
Recently, I made a live in-studio appearance on FOX 5 News in Las Vegas to discuss some of the intangibles of the Las Vegas Strip real estate market. It was nice of the local press to recognize that not everything is doom and gloom. They took notice that the top-three residential … (0 comments)
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strip: Condo Website Focused On Celebrities and Pro Athletes Launches in Las Vegas. - 04/17/08 02:10 AM
Las Vegas, Nevada April 16, 2008 -- Once again, Celebrity High-Rise Consultant Aaron Auxier is the talk of the town. Auxier recently launched the new www.VegasCondoScene.com, a chic and trendy website that caters to celebrities and professional athletes who want to learn about the Las Vegas high-rise market.
"VegasCondoScene is … (0 comments)
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strip: The Palazzo Las Vegas is LEED - 04/14/08 06:57 PM
The Palazzo resort, a recently-opened Las Vegas Sands creation on the Strip, is much more than a deluxe all-suite hotel tower, large casino, upscale shops and several gourmet dining spots under one roof. A few know that it is also in the forefront of eco-friendly design not only in town but … (4 comments)
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strip: Brand-New Cutting-Edge Las Vegas Strip Condo Website Launches! - 04/12/08 04:51 PM
The Ultimate Makeover
After months of promising you a new website, I'm pleased to announce that the new VegasCondoScene.com (click to visit) has launched. Not only does it feature a snazzy, more professional design...all copy is 100% original and hand written by yours truly.
What it means to buyers No … (2 comments)
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strip: Could Negative Press be adding to Real Estate Woes in Las Vegas? - 04/04/08 01:41 AM
Not a day goes by when you wont find negative press about the state of the local real estate market in Las Vegas. While most of these articles have statistics that anchor the demise of the local market, they also group the entire market into a single category.
This often distorts the big picture about … (0 comments)
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strip: Las Vegas Strip plan scrapped - 04/01/08 03:54 PM
Another Strip project was taken off the table as the struggling mortgage and real estate markets continue inflicting pain on condominium and resort developments here. The pace seems to be steady now for these types of casualties, for the moment at least. Recently Plaza Las Vegas was shelved and Cosmopolitan, too, … (4 comments)
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strip: Aaron Auxier's VIVA VEGAS! Luxury Real Estate Update - April 2008. - 03/26/08 04:12 PM
Aaron Auxier's VIVA VEGAS! Luxury Real Estate Update - April 2008.
1980's Mentality The business has changed. Out of the ten MLS resale listings in one local neighborhood, nine were short sales. This means 90% of sellers in that subdivision can no longer afford their mortgage. The neighborhood is a "typical Las … (2 comments)
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strip: 76 Acres at $8.4 billion - 8.5 acres at $3.9 billion. - 03/24/08 01:55 PM
A look at the "per acre" construction costs of two Las Vegas Strip developments, MGM MIRAGE CityCenter and the Cosmopolitan Resort Casino.
In March 2008, the Wall Street Journal reported that Deutsche Bank had filed foreclosure on developer Bruce Eichner's Cosmopolitan Resort. The Wall Street Journal also reported that Related Cos. … (4 comments)
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strip: Photo Update - Las Vegas Strip construction - 50 Pictures! April 2008. - 03/23/08 05:55 PM
The below photographs were all taken by Celebrity High-Rise Consultant Aaron Auxier. All links can be followed to learn more about that individual property.
MGM MIRAGE CityCenter under construction at sunset. Cosmopolitan seen on right.
Beautiful flowers and a crystal chandelier gracing the lobby of Trump … (2 comments)
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strip: CityCenter by MGM Mirage spiffs up with art - 03/11/08 12:26 AM
CityCenter has for some time made nice-sized headlines with the scope of the mammoth project and its upward-revised $8 billion price tag. This cost figure will buy the gaming giant one of the most unique resort experiences in the world of leisure and entertainment. The small city within Las Vegas will … (6 comments)
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strip: Cosmopolitan condos back in business - 03/02/08 12:34 PM
A few weeks ago Cosmopolitan was walking on thin ice after the development's lender Deutsche Bank served it a notice of default. Despite the currently low mortgage rates the condominium segment in Las Vegas is slogging through an over-built and soft market. Cosmopolitan fell victim to these trying circumstances, as have … (6 comments)
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strip: Turnberry Las Vegas Condos- Some are Priced Better Than Foreclosures - 02/26/08 03:01 PM
Each day, I get inquiries asking about Las Vegas high rise condo foreclosures from out of state would be buyers. Many of these inquiries are from folks in the northeast, longing for a winter pad near the world famous Las Vegas strip where they can get away from the gloomy grey … (0 comments)
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strip: Off-Strip hotels attract conventions - 02/24/08 01:01 PM
Las Vegas is all about the Strip. Everybody knows what the Strip is, and means. To many visitors it's the only game in town, and why not? There certainly is within walking distance a whole slew of things to do, day and night.
Lately, though, several outlying properties in the valley … (4 comments)
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strip: Aaron Auxier's VIVA VEGAS! Luxury Real Estate Update Feb. 2008. - 02/21/08 09:23 PM
VIVA VEGAS! Luxury Real Estate Update - February 2008.
A Topsy-Turvy Market How's your city? My Las Vegas is facing topsy-turvy times. Whether it's the challenged single-family-home market, a high-rise developer getting sued, or condotel financing troubles; bad news has hit the street everyday since New Years.Vegas has become the punching bag of … (0 comments)
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strip: Celebrity Agent sets top-three residential price-per-square-foot records in Las Vegas history. - 02/21/08 03:06 PM
February 21st, 2008. Las Vegas, Nevada.
It was announced today that Celebrity High Rise Agent Aaron Auxier has set the top-three residential (single family home/condominium) price-per-square-foot records in Las Vegas history.
The records were set thanks to several high-floor unit sales, including penthouses, at The Harmon Hotel, Spa & Residences at CityCenter. The properties … (0 comments)
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strip: Off market Casinos - 02/14/08 02:15 PM
Thursday, February 14, 2008
OFF MARKET CASINOS
We have a number of casinos available. $150m to $8bSome in vegas on and off strip. Some are VERY well known.Some worldwide.We also have high end hotels available worldwide.Buyer direct preferred, next to buyer is a consideration.Contact me:- Paul@DoynoRealty.com for details.We also sell trophy buildings, … (0 comments)
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strip: Turnberry Towers Las Vegas - How Will Tower 1 Investors React When Tower 2 Opens Next Month? - 02/10/08 11:11 PM
Turnberry Towers is one of the most elegant & stunning new high rises to grace the Las Vegas skyline. What I especially love about the East Tower (Tower 1) is its gorgeous views of the Las Vegas Country Club as well as the strip. I also like the fact that there … (13 comments)
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strip: Small Commercial Real Estate Mortgages - 02/10/08 01:23 AM
Small Commercial Real Estate MortgagesWe've made an affiliation with a very competitive small balance lender to provide: Unique Commercial Loans up to $100K to $2 millionMixed Use Property Types:• Mixed Use (commercially zoned) – office, retail, showroom or warehouse with residential apartment (tenant occupied).Commercial Property Types:• Office Building – stand-alone commercial … (0 comments)
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strip: Las Vegas High Rise Condo & Foreign Investors - Who's Got the Loans? - 02/08/08 10:49 AM
WIth all the talk of foreign investors wanting to take advantage of the weak dollar and the strong buyer's market, one would think that the inventory in the high rise condo towers on & near the Vegas strip would be absorbed well. What I am finding is that the interest is … (3 comments)
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strip: Red Rock County Club Las Vegas, Market Update - 02/08/08 12:04 AM
Despite lower interest rates, lenders appear to be holding the line on lending. Unlike the go-go days of the early 2000's when money was flying to any and all looking to make a buck flipping property, lenders have taken a very Conservative stance in the face of lower rates.
It appears the … (0 comments)
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strip: Panorama Towers - Who Wants to Buy this View? Panorama # 2 - Unit 1000 - 01/27/08 03:13 AM
Panorama Towers Luxury Condos is aptly named. Just take a look at the bedazzling views. Here is another great condo deal. The Seller MUST SELL NOW! BRING ANY AND ALL OFFERS! Seller paid $ 753K - Asking $ 735k & will look at all offers! Over 1550 sq. ft. on the … (1 comments)
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strip: Las Vegas Luxury High Rise Condo Foreclosure at Metropolls & Another Great SKY Condo Deal - 01/27/08 02:48 AM
What is the state of the Las Vegas high rise condo market? When the prices get right there is always someone ready to pounce. In my last blog entry I wrote about a SKY LAS VEGAS condo unit reduced to $399k - an unheard of price for a luxury condo on … (2 comments)
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strip: Buyers Starting to Move on the Great Deals? Las Vegas High-Rise Market - 01/26/08 08:54 PM
Today I showed two luxury High-rise properties in the Strip area of Las Vegas. I actually showed these properties to a small group of investors form Chicago who told me they couldn't stand on the sidelines anymore, with the recent drop in long term interest rates they decided it was time to … (0 comments)
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strip: The Cosmopolitan Las Vegas Buyers' reaction to Foreclosure Notice - 01/19/08 09:40 PM
As the news of the foreclosure notice given to the Cosmopolitan Las Vegas filtered to all its buyers, surprisingly enough most took the news very much in stride. Realizing that their monies were safe in an escrow account, the general consensus amongst my clients was that the end product would be one … (3 comments)
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strip: Las Vegas Luxury High-Rise Opportunities of the Month!... Two Great Deals! - 01/19/08 01:37 AM
These two properties are perfect for the buyer looking for a great deal on a luxury high-rise condominium in the prime Strip area of Las Vegas. These are screaming buys!
We can demonstrate that you will not find a better deal on these floor-plans, They both are located in the only Luxury High-rise condo located directly on … (0 comments)
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strip: CityCenter condos selling briskly - 01/18/08 12:44 PM
MGM Mirage's CityCenter is a massive entertainment and residential enterprise located right on the Las Vegas Strip south of Bellagio. Construction is moving forward on schedule and the project is estimated to open its doors in November of 2009.
The development will have a total of 2,650 luxury condominiums in four separate … (8 comments)
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strip: Stratosphere sale about to close - 01/14/08 10:17 PM
Famous corporate raider Carl Icahn is one step closer to selling a company under his control, the American Casino & Entertainment Properties, as the Nevada Gaming Control Board recommends the transaction for approval. The buyer is Whitehall Street Real Estate Funds, an affiliate of the Wall Street powerhouse Goldman Sachs. The … (8 comments)
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strip: Las Vegas High Rise Real Estate Foreclosures? Metropolis-Turnberry-Panorama Towers-Uh-oh! - 01/13/08 07:27 PM
With the Las Vegas real estate market plentiful with foreclosures, the high rise condo sector has been relatively immune to this situation. Are the trends beginning to change? We are tracking foreclosures in Las Vegas luxury condos and have come across 2 in Turnberry Place, 3 short sales in Panorama Towers … (1 comments)
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strip: Paved Paradise and put up a parkin lot... - 01/12/08 11:47 AM
The largest multi-billion dollar building spree is just the beginning for the ultimate convention destination, gambling mecca & entertainment capital of the world. Over the past twenty years I have seen Las Vegas turn into an international city capturing the attention of high stakes players. As the Las Vegas Strip undergoes a … (0 comments)
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strip: 5 Best Deals Now! Las Vegas Luxury High-Rise Market. - 01/10/08 09:15 PM
As we enter 2008 knowledgeable real estate brokers including us at Luxury Realty Group, consider the current Las Vegas Luxury High-rise market to be an exceptional opportunity for those willing to buck the negative sentiment coming from the mainstream media. Read on for our current top 5 list of best buys now. We will list in … (3 comments)
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strip: Las Vegas Condos-Where are the Deals? At Turnberry Place - That's Where - 01/10/08 06:13 PM
Everything is relative. Turnberry Associates purchased the land for the ultra luxurious Turnberry Place years ago in the days before land on the strip was price upwards of $30 million an acre. With condos at MGM City Center selling for over $1000 per sq. ft., the resale high rise condos of … (0 comments)
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strip: Las Vegas High Rise Condo Real Estate Agents Use Cutting Edge Technology - 01/10/08 03:54 AM
With the Las Vegas high rise condo market as saturated with inventory in luxury condos on & near the strip, we realize that we need every tool imaginable to sell our listings. Here is a fabulous 39th floor Tower Suite in SKY LAS VEGAS that has some of the best views that Las … (0 comments)
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strip: Turnberry Place Las Vegas Penthouse Foreclosure Update - 01/07/08 01:58 PM
The penthouse unit at Turnberry Place Las Vegas that was listed by the bank at $ 1,899,000 was placed into PENDING status in our MLS this morning. Didn't take too long to sell - less than 2 weeks. Just goes to show that when the price is right in a luxury high rise … (0 comments)
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strip: Hard Rock Hotel gets a new, larger look - 01/06/08 05:56 PM
Las Vegas is evolving at a rapid pace. New mega resorts are sprouting up across the Strip and established properties are busy constructing additional towers and facilities. If an existing hotel wants to stay on the cutting edge in this environment, it has to grow and invent. Competition demands that. Staying … (4 comments)
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strip: 2008 Las Vegas Luxury High-Rise Market Update - 12/26/07 08:08 PM
At Luxury Realty Group and the Garcia Group www.VegasLuxuryLiving.com we anxiously await 2008 as we see the market continuing to present wonderful opportunities for those savvy buyers willing to step to the plate. At the Garcia Group our latest transaction gave our buyers instant equity. How much you ask? how does $190,000 … (3 comments)
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strip: Zagat puts Las Vegas on top - 12/15/07 11:27 PM
Locals and visitors to Las Vegas do know that fine dining has in recent years made strong inroads into the city's restaurant milieu. Most of them are located in the Strip resorts or their adjacent shopping emporiums. The historically affordable meal remains available, it's the gourmet edition that has been added … (8 comments)
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strip: Las Vegas arena race is on - 12/12/07 05:53 PM
Sin City is working diligently to bring a professional sports franchise to Southern Nevada. Whether it can support one at this stage is a different matter. The other thing is that the city presently lacks a modern arena to house such a team. Thomas & Mack on UNLV campus seems to … (2 comments)
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strip: Foreign Buyers Stepping to the Plate in Las Vegas Luxury High-Rise Market. - 12/07/07 04:29 PM
At the Garcia Group we have noticed a pronounced pickup in activity from Foreign buyers. We have been saying for some time now what a incredible value the Las Vegas luxury real estate market represents due to the historically low value of the US dollar. Savvy foreign buyers are aware of … (0 comments)
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strip: UNLV celebrates 50th anniversary with a book on its history - 12/07/07 03:53 PM
Las Vegas is better known globally for its superb entertainment, colorful nightlife and diverse gaming than for higher education. Even though the city's history has been previously chronicled in a host of books, their emphasis has been rather one-dimensional, basically covering all matters related to the Strip. Perhaps so because it's … (0 comments)
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strip: Las Vegas icon Sahara Hotel & Casino under renovation - 11/26/07 09:42 PM
As soon as SBE Entertainment and Stockbridge Real Estate Funds closed on the purchase of the old Strip heavyweight in August, the new owners went to work. Their short-term plan was ready to go the minute the ink dried.
Many of the public areas in and outside the Moroccan-themed resort were … (0 comments)
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strip: Vegas therapy - 11/21/07 05:15 PM
Bugsy, remember Bugsy Siegel, and company would turn in their graves if they knew what is going on now in the town they helped splash on the map. Those days casino bosses ran the show on the Strip and one of their marketing ideas of attracting traffic was to offer plenty … (0 comments)
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strip: Las Vegas rental housing grief - 11/13/07 04:50 PM
The issue under the microscope of the local governments is a narrow section of the rental market here. Those who invest in homes to lease them long-term, like a 1-year contract to start with, are outside this argument and are free to continue with their programs. It's the short-term rentals, the … (2 comments)
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strip: M Resort under construction in Henderson - 11/10/07 01:44 PM
Lately a lot of attention has been directed at the north end of the Strip where Wynn Resorts is building the Encore, Boyd Gaming is putting up the Echelon Place and The Palazzo next to the Venetian is about to open. All that and the condominiums going there and later other … (2 comments)
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strip: Las Vegas Strip land gets top dollar - 11/07/07 12:17 PM
Generally speaking Las Vegas land prices are heading south these days due to lack of demand. The residential real estate sector specifically continues wrestling with serious overbuilding issues that can last for another while. But there is one location that seems immune to the normal shifts in the marketplace.
And that would … (0 comments)
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strip: UNLV wants to be the leader - 11/02/07 12:58 PM
University of Nevada, Las Vegas is on a long-range quest to become a national research school, a novel goal for someone stuck in the middle of casinos, gourmet restaurants, magnificent shows and car-paint melting summer heat. How do you fit the word research into that? Well, you can if you manage … (2 comments)
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strip: MGM Mirage has plans for Atlantic City - 10/16/07 03:58 PM
The progressive Las Vegas casino and hotel developer is at it again. They have the CityCenter project well underway here right on the Strip and now they've turned their sights east. Atlantic City is the second-largest gaming market in the country, so heading that way with their great brand makes a … (6 comments)
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strip: Turnberry spawned Las Vegas luxury condo market - 09/29/07 03:19 PM
Roughly ten years ago Turnberry Associates jetted into town and bought some land in the north end of the Strip, on Paradise by the Las Vegas Convention Center. It had already carved itself a stellar reputation as a luxury condominium developer over in the Miami area, so valley observers knew what … (0 comments)
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strip: Vegas luxury condo market feels the pinch - 09/03/07 04:16 PM
The luxury condominium market was also expected to feel the adverse effects of this uncertain mortgage and real estate environment. And it undeniably is. Some projects have been canceled outright and some are on hold for now, obviously waiting for the financial conditions to improve and the rising construction cost trend … (4 comments)
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strip: Interesting comment on Southern Nevada Economy - 07/12/07 10:10 AM
Every month I get the UNLV CBER (University of Las Vegas Center for Economic Research) Indices report which contains information on trends, historical data and forecasting on Southern Nevadas economy as well as comaprisons with Las Vegas, Clark County, Nevada and national economic growth.
There was a comment in one of the reports that said:
The … (0 comments)
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strip: Condominiums change Las Vegas downtown - 06/18/07 04:40 PM
It's a well-known fact that the high-rise, luxury condos on or near the Strip get most of the attention in the valley. They are typically developed by marquee names that by themselves garner media coverage even if they don't really try. Turnberry Place, Trump International Hotel and Tower, MGM Mirage's CityCenter, … (4 comments)
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strip: The ultimate golf payday in Las Vegas - 06/09/07 01:29 PM
Your only chance for a shot at an ultimate payday by playing golf was if you participated in the Ultimate Game tournament that concluded yesterday here in Las Vegas. It took place over two days at the Wynn Golf & Country Club, right there on the Strip. Okay, let's get to the … (0 comments)
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strip: Las Vegas dayclubs - 06/04/07 07:27 PM
We all know what a nightclub is, but what in the world is a dayclub. A nightclub during the day? Well, kind of close. Since Webster's probably hasn't officially sanctioned the word dayclub yet, Vegas resorts are doing their best to define it for the big fat book with thin pages.
To begin … (3 comments)
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strip: Vegas high-rise condos seek LEED certification. - 04/07/07 05:08 PM
LEED stands for Leadership in Energy and Environmental Design. It's a Green Building Rating System designed by the U.S. Green Building Council, a nationally recognized benchmark for the design, construction and operation of high performance green buildings. Okay, that very official-sounding part is out of the way now. For more specifics from the Council, click … (1 comments)
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