Thursday, September 27, 2012

Las Vegas Real Estate News

Las Vegas Real Estate News

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Buying homes Gets Psychological Lift - <b>Las Vegas Real Estate</b>, Las <b>...</b>

Posted: 24 Sep 2012 06:04 AM PDT

The other day I read an opinion piece that I really couldn't agree with. The writer expected a pause in the pace of the residential market upturn now that many of the most obvious bargains have been snapped up.

Las Vegas Sands Advised To Breakup In Order To Boost Share Value

Posted: 27 Sep 2012 12:25 AM PDT

It'd seem that a billionaire like Sheldon Gary Adelson wouldn't need any business advice from outsiders to grow his wealth any further. With businesses running successfully across the globe, the casino magnate has rightfully earned his spot at 8th position in the Forbes' Top 400 list of wealthiest Americans.

However, shares of Las Vegas Sands (LVS), a casino operator controlled by Adelson, have dropped by 6.8 percent over the past year. While the drop isn't anywhere as bad as the 22 percent decline experienced by Wynn Resorts LTD, or the 24 percent waning of Caesars Entertainment Corp., shareholders of LVS believe that plenty can be done to boost the value of their shares.
While Las Vegas Sands shares closed at $44.92 as of Sept. 21, Jonathan Litt says that it can be spiked up to $85 a pop if the integrated resort company were to split into three separate companies.
Litt, founder and chief executive of Connecticut-based investment firm Landandbuildings, recommends LVS spins-out its hotel properties and shopping-mall as two separate real estate investment trusts (REITs), while the rest of the company remains as a pure casino owner.

"LVS is a growth company at a value price at half the multiple of REITs despite twice the growth," wrote Litt in a report. "LVS is a property company and when valued as such it can be a double to current pricing."

The move would also serve to benefit Litt as well, since his company LandandBuildings (also known as Land & Buildings Investment Management LLC) currently holds 79,600 shares of Las Vegas Sands as of June 30. Moreover, it'd most especially benefit entrepreneurial tycoon Adelson as the biggest shareholder of LVS, who currently owns 424 million shares, which is close to 52 percent of the entire company.

Experts believe that if Las Vegas Sands were to broken up and form three new companies as Litt suggests it should, the new mall and lodging REITs wouldn't have any debt. Moreover, the new entities "would have exceptional external growth opportunities through development and acquisition in Asia and around the world."

5140 W San Jose St Just Listed! | Travis Bell and Robbie <b>Henderson</b> <b>...</b>

Posted: 25 Sep 2012 01:06 PM PDT

... South Shore: Apollo Beach · Plant HS District · Waterfront; About Us. About Bell Henderson Real Estate · Bell Henderson Real Estate Bios · About Keller Williams. 813.931.5000. Info@BellHenderson.com. Posts · Comments ...

Price Reduced by $30000! - Travis Bell and Robbie Henderson

Posted: 25 Sep 2012 01:25 PM PDT

... South Shore: Apollo Beach · Plant HS District · Waterfront; About Us. About Bell Henderson Real Estate · Bell Henderson Real Estate Bios · About Keller Williams. 813.931.5000. Info@BellHenderson.com. Posts · Comments ...

Zillow responds to criticism of business model

Posted: 26 Sep 2012 12:56 PM PDT

Share price stabilizes in wake of scathing research report

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NAR, MRIS hit with antitrust suit

Posted: 26 Sep 2012 01:05 PM PDT

NeighborCity operator alleges conspiracy to inhibit competition

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20 MLSs offering N-Play's Facebook IDX listings app

Posted: 26 Sep 2012 10:37 AM PDT

Company says app repositions listing search around agent

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Las Vegas, NV Henderson 89011-89052 Prices UP 4.8%.FREE <b>...</b>

Posted: 26 Sep 2012 09:12 AM PDT

Las Vegas Real Estate Foreclosure. Homes for Sale Free List Daily. David Cooper 702-499-7037. DAVID COOPER. By DAVID COOPER | Landlord in Las Vegas, NV. /profile/LASVEGASWINNER/. Las Vegas, NV Henderson ...

Links to this post - Fall in Love With Vegas & Make Your Move

Posted: 26 Sep 2012 10:35 AM PDT

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Las Vegas,NV FHA makes Financing Condos Easier with 3% Down <b>...</b>

Posted: 25 Sep 2012 03:19 PM PDT

Las Vegas Real Estate Foreclosure. Homes for Sale Free List Daily. David Cooper 702-499-7037. DAVID COOPER. By DAVID COOPER | Landlord in Las Vegas, NV. /profile/LASVEGASWINNER/. Las Vegas,NV FHA makes ...

EXIT REALTY PRESS: Kim Rogers and Richard Luu join EXIT <b>...</b>

Posted: 26 Sep 2012 05:19 AM PDT

... call 702-461-6181. EXIT Realty Unlimited is located at 2420 W. Horizon Ridge Pkwy #130, Henderson, NV. # # #. at 8:19 AM. Labels: EXIT Realty Unlimited, Henderson real estate, Kim Rogers, Richard Luu, Sherry Thens ...

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