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Two Las Vegas condos communities for sale in Henderson, NV real estate sold for $75.4 million. New owners felt bullish on the residential condos that where both in a competitive and active real estate market.

Both purchases of Henderson real estate was in the master plan of Green Valley, about 10 minutes southeast of the Strip.

There were two dozen bids for purchase of the Las Vegas multifamily properties. Because of the competitive sales process the buyers had to close quick and shorten any contingencies.

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MGM Grand Macau will open Dec 18 on the Macau peninsula, a 50 50 commercial joint venture, between Hong Kong businesswoman Pansy Ho and MGM Mirage. This will be the third opening, in Macau real estate, of a new luxury hotel casino in 2007.

Pansy Ho is the daughter of Stanley Ho, a Hong Kong billionaire who has been the driving force of Macau’s casino business for 40 years. Expanded gaming commerce has since been opened up by the government of the Special Administrative Region of the People’s Republic of China. Macau was a colony of Portugal for more than 400 years before being turned over to China in 1999.

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Ivana Trump Las Vegas real estate sold to Arizona man for $47 million. The old Holy Cow Casino, Cafe and Brewery two acre site on the Las Vegas Strip has been sold.

The very expensive land is located across the multibillion dollar mega resort by MGM Mirage, Dubai World, Kerzner International Holdings Ltd and north of the Sahara casino. A casino license is possible at this location.

The 58 year old Arizona businessman and Las Vegas land owner is Steven Johnson. He is from Desert Mountain Renegade Golf Course community and doesn’t have a definite plan for the site.

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Dubai World and MGM Mirage in second joint venture for Las Vegas real estate.

Istithmar Hotels FZI, subsidiary of Dubai World, Kerzner International Holdings and MGM Mirage entered into a joint venture to 40 acres of land on Sahara Avenue and the corner of Las Vegas Strip.

The commercial real estate is yet to be named and the construction for this multibillion dollar resort is planned for construction in 2009 and completion in 2012.

Three months ago a partnership between Kerzner International Holdings and MGM Mirage for a equal partnership to develop the land was announced.

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