Vantage Lofts Las Vegas condos construction progress stops due to financing restructuring. Slade Development expects to continue within a few weeks.
Slade Development sales figures were not what they expected of the $160 million lofts project. Based on the mortgage crisis and current real estate market they weren’t prepared for the lack of buyers to their project in Henderson.
Pinnacle Las Vegas high rise condos $650 million real estate project is canceled. Sales have been suspended February 22, 2008 and the real estate agents for the development have been told their job is no longer available.
Nevada Title is the escrow company that held the buyers’ deposits of the condominiums for sale in Las Vegas, Nevada real estate. In accordance to their contract, Nevada Title is releasing the buyers’ deposits and interest as quickly as possible.
Palms Place luxury Las Vegas condos expects opening February 29, 2008. Palms Place has received a temporary certificate of occupancy Friday from Clark County inspectors. New condo buyers will be able to close their real estate transactions and start moving in at the end of the month.
Crown spends $414 million into Stations Casinos and Harrahs Las Vegas. Crown Ltd. Is an Australian gaming company looking for partnerships in the local gaming industry.
James Packer, an Australian billionaire, controls Crown has paid $172 million for a 2.5 percent in Harrahs and $242 million for a 4.9 percent in Station Casinos Las Vegas for investment purposes.