Las Vegas Real Estate News

Las Palmas Hotel & Residences To Be Built Near Convention Center

Posted: 08 Jun 2007 06:35 PM CDT

Miami-based real estate firm The Peebles Corp. announced today they have purchased a 13-acre parcel of land on Paradise Road to use for their upcoming luxury resort and condo development.

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USA. Verge Living Corporation makes Las Vegas real estate history

Posted: 08 Jun 2007 02:08 AM CDT

Verge, a $135 million mixed-use, mid-rise condominium project planned for downtown Las Vegas and developed by Verge Living Corporation, made real estate history in Las Vegas Saturday selling 229 units or 74.1% of the project in a single ...

New south Strip haunt to fill Gilley's niche

Posted: 08 Jun 2007 06:27 PM CDT

A new phrase is about to enter the Las Vegas nightlife vernacular -- Cowboy ultralounge. The "ultra" is an understatement. Texas-size is more apt.

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Statewide win continues record streak despite slot softness

Posted: 08 Jun 2007 06:23 PM CDT

Casinos statewide etched out another record month in April, winning $1.053 billion from gamblers despite a months-long softening in the slot market.

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Lake's decline fails to sink spirits of houseboaters

Posted: 08 Jun 2007 06:23 PM CDT

In the past few years, most of the news about Lake Mead has been bad.

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Condominium demand subsides, projects suffering

Posted: 08 Jun 2007 06:17 PM CDT

The predictions in 2004 and 2005 that Las Vegas couldn't absorb all the condominium projects that were proposed are coming to fruition.

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Housing slump fuels big job losses

Posted: 08 Jun 2007 06:06 PM CDT

The state's job losses triggered by the downturn in the housing market have been deeper than estimated and could worsen as homebuilders struggle with tightening credit.

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Fontainebleau builder lands big financing

Posted: 08 Jun 2007 05:57 PM CDT

Fontainebleau Resorts announced Thursday it has secured approximately $4 billion in financing to complete projects in Las Vegas and Miami and to retire old debts.

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Homes for sale in May near record in Southern Nevada

Posted: 08 Jun 2007 05:54 PM CDT

The number of homes listed for sale in Southern Nevada topped 23,000 in May, just shy of the record 23,474 single-family homes for sales in October, the Greater Las Vegas Association of Realtors reported Thursday.

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Las Vegas needs arena for NHL to take root

Posted: 08 Jun 2007 05:53 PM CDT

The Stanley Cup champion Anaheim Ducks were named after a movie, so maybe the Las Vegas Pirates or Titans would work as a moniker for a potential NHL franchise in Southern Nevada.

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USA. R. Donahue Peebles closes land purchase for Las Vegas non ...

Posted: 08 Jun 2007 02:07 AM CDT

Real estate mogul, entrepreneur and best-selling author R. Donahue Peebles has closed on the purchase of 13 acres of land a half mile from the Strip for the development of Las Vegas' largest and only five-star, non-gaming hotel. ...

Ohio charges 10 companies with pressuring appraisers

Posted: 08 Jun 2007 07:00 AM CDT

Appraisal requests included estimated values

FSBOs do better than agent listings in Wisconsin town

Posted: 08 Jun 2007 07:00 AM CDT

Study takes detailed look at sale prices of owner vs. MLS properties

New book chronicles first years in real estate

Posted: 08 Jun 2007 07:00 AM CDT

Diary of a real estate rookie

Can we expect a low-rate future?

Posted: 08 Jun 2007 07:00 AM CDT

Mortgage market commentary

Peebles to Develop Non-Gaming Resort

Posted: 08 Jun 2007 11:38 AM CDT

GlobeSt.com is reporting that Coral Gables-based developer R. Donohue Peebles has bought 13 acres in LV approved for a 4.5-million-sf non-gaming resort that he estimates will cost $1.6 billion to develop and have a retail value of $2.5 billion. The property is located east of the Wynn Las Vegas Golf Course on Paradise Road, one-half mile off the Las Vegas Strip. It currently holds the Las Palmas apartment complex.

The development plan calls for four 55-story towers housing an 800-suite luxury hotel, 1,000 luxury condos, an infinity-edge pool 400 feet above the Strip, a 40,000-sf destination spa, a restaurant run by an acclaimed chef, and exclusive retail shops. The first tower, slated for completion in 2009, would house the hotel, spa, shops, restaurant and pool on the first 50 floors. The top 15 floors of the first tower would house super luxury residences.