November 23, 2008 at 9:47 am
· Filed under Las Vegas Real Estate
Jillian’s at Neonopolis in downtown Las Vegas, Nevada closed for possible Star Trek : The Experience. The live music, arcade, restaurant and bar has been open since 2002 through tough times Neonopolis has experienced.
The last function for the venue was a concert last Thursday night and restaurant operations for Jillian’s ended on November 14, 2008.
Continue reading Jillian's At Neonopolis Closed For Possible Star Trek: The Experience
PermalinkTags: jillians, downtown las vegas, neonopolis, commercial real estate |
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November 18, 2008 at 9:50 pm
· Filed under Las Vegas News, Las Vegas Casinos
MGM Mirage will develop a Las Vegas style Vietnam casino in a $4.2 billion resort. The gaming operator will be working with the Asian Coast Development for its most recent business partnership for a MGM Grand hotel casino within the Ho Tram Strip.
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PermalinkTags: mgm mirage, asian coast development, hotel, commercial real estate |
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November 10, 2008 at 9:24 pm
· Filed under Las Vegas Real Estate, Las Vegas Casinos, Las Vegas Resort, Las Vegas Construction News
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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PermalinkTags: st regis residences, venetian, palazzo, starwood, commercial real estate |
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November 7, 2008 at 7:17 pm
· Filed under Las Vegas Real Estate, Las Vegas News, Las Vegas Casinos
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.
Continue reading Fontainebleau Las Vegas Hotel Condo Might Find Difficult To Fund Loan
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November 5, 2008 at 9:09 pm
· Filed under Las Vegas Real Estate, Las Vegas News, Investment Las Vegas Real Estate
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.
Continue reading Las Vegas Land Prices Plummet Near A Record Devaluation Of 74 Percent
PermalinkTags: las vegas land, las vegas real estate market, land, commercial real estate |
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