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Las Vegas condo buyers may see deposits returned after court approval.  The bankrupt Mira Villa condos in Summerlin are close to several motions for the bankruptcy trustee to approve postbankruptcy financing of $38 million in several weeks.

The luxury Summerlin condominiums stopped construction earlier this year.  Last month the court held a hearing for purchase agreement cancellations.  If creditors don’t object to the refunds, buyers could see deposits returned from escrow.  Nearly 50 buyers have asked for their contract cancellation.

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Las Vegas St. Regis Residences by Sands Corp stops condo construction and some real estate expansion in China.  The $1.8 billion in capital expenses reduction is a necessity or some of the gaming operator’s loans could be in default and end up in bankruptcy.

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MacDonald Highlands continues with up to $170 in luxury new home construction.  Upgrades and additional amenities to the community in Henderson, Nevada real estate will be included.

Residents in the southern valley are noticing grading to the hillside of the McCullough Mountains for luxury residential real estate.  The 40 luxury custom homes are located near Horizon Ridge Parkway.

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Tivoli Village at Queensridge in Summerlin real estate adds retailers to their shopping center.  Despite the economic conditions this mixed use real estate in Queensridge continues unlike other high profile developments including Echelon Resort, Summerlin Center and Crown Las Vegas hotel.

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