HOOTERS Las Vegas NV hotel soon to shed their orange short shorts. A California based investment group will rebrand and redevelop the property into a boutique hotel for $130 million.
The $225 million commercial real estate deal is expected to close at the end of spring by Hedwigs Las Vegas Top Tier for the Las Vegas hotel casino.
Moulin Rouge Las Vegas casino presents redevelopment plan to the city planning commission. A $700 million commercial real estate project for the 53 year old resort.
Tomorrow the city planning commission will hear the plan for a new resort on the site of the current run down skeleton of a hotel.
Cosmopolitan Las Vegas condo hotel is looking for cash from Investors. The resort and luxury condominium project on the Strip, adjacent to Project CityCenter and Planet Hollywood NV hotel, is looking for $400 million.
Cost overruns are a result of rising construction fees and increased architectural plans. Most under construction resorts have been plagued with this scenario.
Lake Las Vegas real estate has been acquired by The Atalon Group after option payments on a $540 million mortgage loan was in default. The transfer of ownership, of the 3,592 acres of Lake Las Vegas, Nevada, is for an undisclosed amount.
The real estate in Las Vegas, NV transaction transfers interest to Atalon the Ritz Carlton Hotel, 400 acres of undeveloped land, three golf courses, a fourth in development and about a half a dozen businesses on the Strip.