Las Vegas Real Estate Blog Posts

Luxury One Queensridge Place Las Vegas Announces Record Sales for 2012

Las Vegas’ One Queensridge Place is pleased to announce record sales to date for 2012. Since July, the sales and marketing team has successfully sold two additional penthouses, valued at about $3,000,000 each. Including the recent sales, One Queensridge Place has now sold 12 residences and penthouses this year.

One Queensridge Place
One Queensridge Place Las Vegas

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One Queensridge Place Welcomes Randy Char As VP Of Sales & Marketing

One Queensridge Place in Las Vegas is proud to welcome Summerlin resident Randy Char as Senior Vice President, Sales and Marketing.  He will serve as the broker of record for One Queensridge Place and Executive Home Builders (EHB).

Randy Char
Randy Char Senior VP of Sales & Marketing
At One Queensridge Place

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Las Vegas Resort Creates Corporate Restructuring Avoiding Bankruptcy

Project CityCenter HotelsLas Vegas resort creates corporate restructuring plan for debt issues.  MGM Mirage created a four level plan to help the company keep of their Las Vegas hotels and avoiding bankruptcy.

First, a complicated bond and stock offering will raise $2.5 billion for the resort and gaming operator.

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Real Estate Developer Restarts Construction: Building Las Vegas Homes

Americas Biggest Open HouseReal estate developer restarts construction in building new Las Vegas homes for sale.  Several Las Vegas neighborhoods will give buyers the ability to once again pick their options including countertops and kitchen cabinets.

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Las Vegas Home Sales Skyrocket In Real Estate Market For 13 Months

ForeclosuresLas Vegas home sales skyrocket in real estate market for 13 months in a row.  The Greater Las Vegas Association of REALTORS reported prices continued to decline in April and is leading the US in home sales.

Homes listed for sale in the multiple listing service has continued to decline in April to 22,112.  A 3.6 percent fall from a year ago of 24,000 units.  Inventory also declined due to the moratorium the Fed placed on real estate from November 2008 to March 2009.

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Las Vegas Hotel Developer Denied $130 Million In Funds & Cuts Workers

Fontainebleau Las VegasLas Vegas hotel developer funds stopped and reduces construction work force.  Commercial real estate developer of the $3.1 billion Fontainebleau hotel alerted contractors of denied access to some of the $130 million in construction financing.

The constructions funds were expected to be available according to the developer last week.  A separate set of lenders apart from the $800 million pulled from financing a week prior stopped access to funding.

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