Archive for December, 2006
Juhl Las Vegas Condos 60 Percent Sold And Construction Work Continues
Monday, December 4th, 2006
Juhl Las Vegas condos, a $170 million mixed-used condominium real estate development located downtown Las Vegas, has construction continues on pouring the third and fourth floors of the parking structure and luxury condominium building.
Demand for luxury condominiums at this Las Vegas mid-rise is coming from local residents who’ve lived in high-rise projects in other cities such as Miami, New York and Chicago; investors; second-home and vacation home owners; and professionals who want to live near their offices.
San Diego-based CityMark Development is building Juhl condos and it will have 340 condominium units and 24,000 square feet of ground-floor retail space in a 15-story building. It will occupy nearly an entire city block.
Juhl real estate is about 60 percent sold with 214 “hard contracts,” or binding purchase agreements. Financing construction is Chicago-based Corus Bank.
A large percentage of the luxury condo owners will be primary residents in the building.
Million Dollar Real Estate Deals In Las Vegas Commercial Real Estate
Monday, December 4th, 2006
National Commercial Ventures bought the 144-unit Sandy Lake Apartments in Las Vegas real estate at 3650 E. Lake Mead Blvd. for $11.9 million, or $82,638 per unit, from Sandy Lake Properties LLC.
The Willows at Lone Mountain Las Vegas was purchased by National Commercial Ventures LLC bought the 98-unit apartment complex at 3540 N. Hualapai Rd. for $12.8 million, or $130,612 per unit, from Chartered Development.
Fairway Hills Homes At The Ridges In Summerlin Las Vegas By Toll Bros
Sunday, December 3rd, 2006
Fairway Hills Las Vegas townhomes at The Ridges in Summerlin real estate have started sales.The 128 Summerlin townhome neighborhood by Toll Brothers offers six two-story townhome floor plans ranging from 1,966 to 2,956 square feet.
Prices for the Fairway Hills Summerlin townhome residences start in the $600,000s.
Fairway Hills condos for sale will feature courtyard entries, village streetscapes and balconies. Toll Brothers have gave these homes elegant design and location of Fairway Hills will make it a popular choice with Las Vegas valley home buyers.