Archive for the 'Las Vegas Real Estate' Category

Cosmopolitan Las Vegas Condo Hotel Is Seeking $400M From Investors

Sunday, January 13th, 2008

Cosmopolitan Las VegasCosmopolitan Las Vegas condo hotel is looking for cash from Investors. The resort and luxury condominium project on the Strip, adjacent to Project CityCenter and Planet Hollywood NV hotel, is looking for $400 million.

Cost overruns are a result of rising construction fees and increased architectural plans. Most under construction resorts have been plagued with this scenario.

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Riverstone Homes At Prescott Park Las Vegas Priced In Mid $200,000s

Saturday, January 12th, 2008

Riverstone HomesRiverstone homes at Prescott Park Las Vegas are priced in the mid $200,000s. The one and two story new plans will open January 26 at the North Las Vegas real estate of Prescott Park community.

The four plans have three to four bedrooms, one and two story, range from 1,596 to 2,669 square feet.

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Hard Rock Las Vegas Hotel Obtains Gaming Control Board Gaming Support

Thursday, January 10th, 2008

Hard Rock Las VegasHard Rock Las Vegas NV hotel received Gaming Control Board Gaming license recommendation. The NV hotel owners can start collecting gaming revenues from their casino.

In Las Vegas casino news this week the state gaming board recommended giving jv partners Morgans Hotel Group, New York hotel operator, and DLJ Merchant Banking Partners a license to receive gaming revenue.

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Lake Las Vegas Acquired by Atalon Group After Builders Loan Defaulted

Wednesday, January 9th, 2008

Lake Las Vegas ResortLake Las Vegas real estate has been acquired by The Atalon Group after option payments on a $540 million mortgage loan was in default. The transfer of ownership, of the 3,592 acres of Lake Las Vegas, Nevada, is for an undisclosed amount.

The real estate in Las Vegas, NV transaction transfers interest to Atalon the Ritz Carlton Hotel, 400 acres of undeveloped land, three golf courses, a fourth in development and about a half a dozen businesses on the Strip.

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