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Manhattan West condos for sale in Las Vegas, Nevada real estate topped off Element House.  Element House is the nine story flagship building within the southwest development of Manhattan West.  It is located off of the I 215 and Russell.

Gemstone Development is continuing construction progress while others in the Las Vegas real estate market have either halted or stopped their projects due to the falling credit market and current economic conditions including Trump Towers Las Vegas, Plaza, Crown Las Vegas and Echelon on the Strip.

Continue reading Manhattan West Condos For Sale In Las Vegas Topped Off Element House

Verge downtown Las Vegas condos have been on a sales roller coaster ride.  Last year there was a lot of press and hype about their one day condominium sales.  Lowered deposits fueled the excitement for downtown Las Vegas Nevada real estate.  Now the momentum has all but come to a screeching halt.

Verge developer is currently going through a $2 million redesign for the project located at Main Street and Bonanza Road in downtown Las Vegas, NV.

Continue reading Verge Downtown Las Vegas Condo: Need A Face Lift Or Is It A Pop Tart?

Vantage Lofts Las Vegas condos filed for bankruptcy with $72 million in debt.  The Henderson real estate development company, Slade Development, last week asked for court protection due to the credit market crunch.

This move could have been seen since the sales office closed four months ago because subcontractors filed mechanics liens totaling $17 million for their unpaid construction work.  Assets are listed at $45 million.

Continue reading Vantage Lofts Las Vegas Condos Filed Bankruptcy With $72 Million Debt

Sullivan Square Las Vegas developer sues Ireland investor for breach of contract to finance the mixed use real estate project for up to $800 million.

Filed this week in the Clark Country District Court, the lawsuit alleges Harcourt Nevada failed to perform funding and breach of fiduciary duty.

The attorney for Sullivan Square real estate in Las Vegas, Nevada said Patrick Doherty, principal of Harcourt, used Glen, Smith & Glen development to raise the condo project from ground breaking to vertical and then take control to finish.

Continue reading Sullivan Square Las Vegas Developer Sues Ireland Investor For Breach