Palms Las Vegas Hotel Owners Bank Hollywood Movie Feast
Tuesday, September 26th, 2006
Palms Las Vegas real estate owners the Maloof brothers are hoping for success in Hollywood. The Maloofs have ventured into professional sports and gambled on real estate in Las Vegas at the Palms hotel.
The Maloof family invested about $700,000 to complete the horror movie “Feast,” which came from the Bravo TV series “Project Greenlight.” The reality show features aspiring directors screenwriters who make films with the help of Matt Damon and Ben Affleck.
“Feast” had Wes Craven as a producer, the movie struggled to get finished. The Maloofs saw an financial opportunity to do relatively well at the box office. (more…)

Echelon Place Las Vegas a $4 billion mixed-use resort on the 63-acre Las Vegas land currently occupied by Stardust Hotel real estate. The mega resort will include 1 million square feet of Las Vegas convention and meeting space, 5,300 hotel rooms, 140,000-square-foot casino and 350,000 square feet of retail stores. It is expected to take four years to develop this massive Las Vegas commercial real estate endeavor.