Fontainebleau Las Vegas hotel condo might find it difficult to fund its retail loan. Condo presales at Fontainebleau were expected to raise between $700 and $900 million before the mortgage crisis earlier this year.
Although, analyst have told investors the $2.9 billion real estate project on the Strip has funding for the proposed hotel opening in late 2009.
Las Vegas land prices plummet near a record devaluation of 74 percent due to the real estate market and higher than normal commercial real estate vacancy rates.
Third quarter real estate sales this year have been 427 acres for an average price of $524,725 an acre. This is a massive decrease from the 2007 same quarter totals.
Will the US Marshals operate the Crazy Horse Too Las Vegas Topless Club? Last week they received more time to consider operational consideration with the proper exotic dancing and alcohol permits or a sale of the real estate.
New homes for sale in Henderson, Nevada real estate are $89 per square foot. The Melani Collection of homes is competitively priced for the master plan of Tuscany Residential Village.
Rhodes Homes, Nevada’s largest private home builder, is creating an incredible incentive for the Las Vegas real estate. Now is a great time for your first purchase or second home within the guard gated community.