Wednesday, August 12, 2009

Las Vegas Real Estate News

Las Vegas Real Estate News

Link to Las Vegas Real Estate News

Hard Rock Hotel Stays Soft for Morgans

Posted: 12 Aug 2009 04:08 AM PDT

LAS VEGAS-Occupancy at the expanding off-Strip resort here stayed above 90% but the average daily room rate fell by 24% and hotel EBITDA fell by 64%.

Prime Loan Borrowers May Be Poised to Face Home Foreclosures (Builder Magazine)

Posted: 11 Aug 2009 05:31 AM PDT

Aug. 9--Las Vegas real estate agent Frank Nason has read numerous reports about Nevada leading the nation in foreclosures and the "phantom inventory" of foreclosures coming down the pike.

Poll: Reid would lose if Lowden were to run (Las Vegas Review-Journal)

Posted: 11 Aug 2009 02:32 AM PDT

Republican Sue Lowden would defeat incumbent Democratic Sen. Harry Reid by 6 percentage points in a head-to-head matchup, according to a poll of likely Nevada voters.

Tarkanian joins race against Reid (Reno Gazette-Journal)

Posted: 10 Aug 2009 05:11 PM PDT

Republican Danny Tarkanian has announced a bid to unseat U.S. Senate Majority Leader Harry Reid, D-Nev., in next year's election.

Las Vegas home sales, prices stable in July (Las Vegas Sun)

Posted: 10 Aug 2009 09:34 PM PDT

Las Vegas-area home sales and prices generally held up in July following June's record sales showing, the Greater Las Vegas Association of Realtors reported Monday. The Realtors said sales totaled 4,602, down 100 from June's record numbers, but the second-best showing on record.

The Big Change in real estate

Posted: 12 Aug 2009 01:00 AM PDT

2009: The year of waiting?

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Feeling Roomy, J.P. Morgan Shops Its Space

Posted: 11 Aug 2009 09:11 PM PDT

J.P. Morgan Chase is marketing 23 office properties across the nation in an effort to rid itself of excess space amid the worst property market in decades.

Zell Stops the Music

Posted: 11 Aug 2009 09:11 PM PDT

Sam Zell's year-end gift to business associates for 2008 was a nondescript pair of sunglasses with lenses that are opaque except for a small hole in the middle. "Zero Visibility" is the theme.

Doubts Linger for Europe's Property Stocks

Posted: 11 Aug 2009 10:55 PM PDT

European property stocks have turned in a strong performance this year, but now investors and analysts are wondering if the rally has run its course.

Union Station Lures a Kaiser Unit

Posted: 11 Aug 2009 09:11 PM PDT

Kaiser Foundation Health Plan has signed Washington's biggest lease of the year in a speculative office development in Union Station.

<b>Las Vegas Real Estate</b> Market Stats – July 2009 — The Jenson Group Blog

Posted: 04 Aug 2009 10:18 PM PDT

The temperature is HOT and so are the Las Vegas real estate deals. I've said it before, the home prices are better this go around than the first Las Vegas boom. Investment properties are cash positive and everything else seems to be ...

Starwood IPO Is Top in '09

Posted: 11 Aug 2009 09:11 PM PDT

Barry Sternlicht's Starwood increased the size of its initial public offering of a real-estate investment trust to $800 million, marking the biggest IPO to hit the market this year.

I rent a home. How long as a renter do we have if the owner does a short sell, is made?

Posted: 11 Aug 2009 01:21 PM PDT

rental info.

Good while it lasted

Posted: 11 Aug 2009 02:44 PM PDT

From Curbed.com blog

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Realogy losses narrow to $15 million

Posted: 11 Aug 2009 11:55 AM PDT

$3.4 billion in debt remains within stipulated limits

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YID With LID: Harry Reid in Big Trouble in Reelection Bid

Posted: 11 Aug 2009 10:52 AM PDT

The Republican contenders include Las Vegas real estate professional Danny Tarkanian, son of former University of Nevada, Las Vegas basketball coach Jerry Tarkanian and Las Vegas City Councilwoman Lois Tarkanian; former Assemblywoman ...

John L. Scott rolls out mobile platform

Posted: 11 Aug 2009 07:51 AM PDT

Real estate tech brief

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