Calendar of Conventions in Las Vegas NV Real Estate
Las Vegas Convention Schedule For March 25 - 31 2008
110 acres of Las Vegas land purchased for $330 million on the Strip. A New York investment firm, SDS Investments, took out a hefty $400 million mortgage loan for costs and to pay for the real estate for sale.
SDS Investments is committed for the long term in Las Vegas Nevada real estate with no intentions of condos being built.
Focus Property Group asks to stop interest payments for three years on the $470 million in Las Vegas Nevada real estate loans on 4,800 acres of land. Last month they stopped making their loan payments.
Focus asked investors of their mortgage loans to extend them three years of credit with additional extensions.
Broadstone Sonata Las Vegas apartment homes by Alliance Residential. The Phoenix based company is developing more than 1,500 apartment units at a cost of $230 million in North Las Vegas real estate.
Within the past year and a half, Alliance has spent $80 million investing in other real estate in Las Vegas, NV. They have expectations of investing even more.