Sunday, June 24, 2007

Las Vegas Real Estate News 6/22/07

Las Vegas Real Estate News


$9.5 Billion Arena And <b>Las Vegas</b> Mixed Use Approved By City Council

Posted: 23 Jun 2007 03:22 PM CDT

Tags: Las Vegas Real Estate, Las Vegas News, Investment Las Vegas Real Estate, arena, las vegas arena, rei, las vegas mixed use, las vegas commercial real estate, downtown las vegas (Comments)

My Long Beach Home Won't Sell

Posted: 24 Jun 2007 05:59 AM CDT

The Long Beach real estate market is flooded with properties right now. More inventory than we will be able to sell. There are buyers out looking, but not as many as were anticipated and they are all looking for a deal. ...

MGM Mirage and Kirzner to build Atlantis mega-resort next to <b>...</b>

Posted: 20 Jun 2007 06:21 PM CDT

"This is a prime location in the heart of a rapidly developing area of the Las Vegas Strip. Partnering with a highly respected global resort operator on such a prime piece of Las Vegas real estate will certainly result in a spectacular ...

City Approves 85-acre Project

Posted: 23 Jun 2007 02:58 PM CDT

Last week, the City Council approved plans for an 85-acre development along the West side of Main Street. The project would include more than 9,000 hotel, timeshare and condo units, 3.5 million sf of permanent exhibition space, 1.2 million sf of commercial/retail space, a 22,000-seat sports arena and 300,000 sf of gaming area.

The developer, Real Estate Interests Group has the property under contract to close later this year. The group has also secured senior debt financing and expects to start moving dirt next year for the first phase of the project.

While the land cost has not been disclosed, the estimated construction budget is projected to be $8.5 million. The project's total value upon completion is estimated at $9.5 billion.

Calendar Of Conventions In <b>Las Vegas Real Estate</b> July 3 - 9 2007

Posted: 23 Jun 2007 10:18 AM CDT

Tags: Las Vegas Real Estate, Las Vegas News, Las Vegas Casinos, Las Vegas Convention Calendar, calendar of conventions in las vegas, las vegas convention, las vegas conventions, las vegas conventions calendar, las vegas casinos, ...

Why the Housing Market Has Failed You. 5 Major Failures of the <b>...</b>

Posted: 23 Jun 2007 02:01 PM CDT

But I have a news flash for you. Failure is wealth. Amazingly, we have folks to be proven bad at what they do, claiming to be experts! They are passing on their real estate horror stories as a method of investing. Call it what it is. ...

UFC Ultimate Fighter 5 Finale Jens Pulver Vs BJ Penn Weigh In Results

Posted: 23 Jun 2007 12:29 AM CDT

The Ultimate Fighter 5 Finale Official Weigh In Results UFC The Ultimate Fighter 5 Finale Main Event Jens Pulver (152) vs BJ Penn (155.5) Spike TV – 9pm Las Vegas, Nevada real estate The Ultimate Fighter 5 Finale Manny Gamburyan (155) ...

Summerlin ad campaign hoping for home run

Posted: 23 Jun 2007 12:23 PM CDT

At 17 years old, many valley residents think Summerlin is done growing up.

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Location Third floor up from the main casino insid...

Posted: 23 Jun 2007 09:43 AM CDT

Las vegas Casino Event Tickets items on eBay and comconveniently located across from Harrington Raceway Midway Slots - crescent REAL ESTATE EQUITIES CO, sportssoon every line service Las Vegas sports book, las Vegas Hotel Deals or h tel ...

Plenty of boom and bust cycles in LV's future

Posted: 23 Jun 2007 11:22 AM CDT

The Las Vegas housing market won't reach its bottom until the second quarter of 2009 when it could effectively fall in excess of 20 percent, but once it does, prices should rebound 7.2 percent in 2010

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Echelon off to smashing start

Posted: 23 Jun 2007 11:21 AM CDT

Bill Boyd, the patriarch of the Boyd Gaming empire, said what was on everybody's mind at the kickoff ceremony of the construction of Echelon Las Vegas, the local company's most ambitious project to date.

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Pulte project to magnify Mesquite

Posted: 23 Jun 2007 11:20 AM CDT

Mesquite is about to go from a sleepy town to becoming a place on the map for retirees.

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Unemployment is a serious warning sign for Nevada

Posted: 23 Jun 2007 11:14 AM CDT

For the first time in five years, Nevada's unemployment rate exceeds the national average.

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Jobless figure tops U.S. rate

Posted: 23 Jun 2007 11:13 AM CDT

Nevada's unemployment rate hit 4.6 percent in May, surpassing the national average for the first time in five years, a state agency reported Monday. The national average in May was 4.5 percent.

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Another arena dream

Posted: 23 Jun 2007 11:08 AM CDT

Whether it's another downtown Las Vegas pipe dream or a project to transform the city's core, a $9.5 billion, 85-acre proposed development, which includes an arena, is stirring passions.

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New-home starts struggle again in May

Posted: 23 Jun 2007 11:06 AM CDT

Local housing starts slipped in May, data show, reflecting a national trend.

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Echelon gets off to cool start

Posted: 23 Jun 2007 11:04 AM CDT

A decade ago, Boyd Gaming Corp. executives put aside plans to redevelop the company's Strip land holdings in favor of moving forward on an opportunity to build a hotel-casino in Atlantic City.

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LV tops list for risk for homes

Posted: 23 Jun 2007 11:02 AM CDT

Some homeowners in Las Vegas, California and Florida now face more than a 60 percent chance their property will be worth less in two years, according to a new study by a mortgage insurer. But for Texans and Midwesterners, there is much less reason to worr

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Station gets extension for project

Posted: 23 Jun 2007 10:59 AM CDT

Clark County Commissioners on Wednesday gave Station Casinos a three-year extension to develop a project on Tropicana Avenue and approved a height increase for a planned fourth hotel tower at Caesars Palace.

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Grand opening marked for Cheyenne Pointe

Posted: 23 Jun 2007 10:48 AM CDT

The largest redevelopment project in North Las Vegas celebrated its grand opening Thursday, bringing new stores to an area that city officials view as underserved for the growing Hispanic population.

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