Las Ramblas Las Vegas Condos Announced By George Clooney

George Clooney develops Las RamblasLas Ramblas Las Vegas condos announced a second time by George Clooney. He’s proposed $3 billion Las Vegas real estate development called Las Ramblas condos to be built just east of the heart of the Las Vegas Strip.

While the location for Las Ramblas condos in Las Vegas is the same, the cast is much different. Clooney is partners with major real estate developers Related Las Vegas and Centra Properties, along with influential Las Vegas night club owner Rande Gerber and his company, After Midnight.

“I could end up just losing my shirt on this whole thing, but these guys are pretty good at what they do,” said Clooney. “It’s going to be an adventure.” Continue reading Las Ramblas Las Vegas Condos Announced By George Clooney

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W Las Vegas Condos Hotel And Resort Raising Money By Edge Group

W Las Vegas CondosTo raise money for its “W Las Vegas Hotel and Resort” and “Edge East” real estate developments Edge Group is selling 63 acres on the South Strip, across from Mandalay Bay. Weststate Holdings, both company and investors, bought the land less than two months ago for $201.7 million, or $3.2 million per acre. The Las Vegas land borders the west side of I-15, between Russell Road and Hacienda Avenue. Edge Group has decided to cash out.

Weststate Holdings is listing the property for sale with the starting price at $441 million, or $7 million per acre, which more than doubles its cost in just 60 days ago. The money will go toward paying off The Edge Group’s recent purchase of the “Las Ramblas” site, say sources.

Continue reading W Las Vegas Condos Hotel And Resort Raising Money By Edge Group

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