March 29, 2009 at 11:54 pm
· Filed under Las Vegas Real Estate, Las Vegas News, Las Vegas Casinos
MGM Mirage financial situation is not affecting MGM Mirage Macau according to managing director of MGM Grand, Pansy Ho. Project CityCenter made a $220 million payment.
Ho states they are keeping a close watch on the economic downtown in America and it should not be a big roadblock currently.
Continue reading MGM Mirage Volatile Financial Situation Not Affecting MGM Mirage Macau
PermalinkTags: mgm grand macau, mgm mirage, pansy ho, las vegas commercial real estate |
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March 10, 2009 at 11:52 pm
· Filed under Las Vegas Real Estate, Las Vegas Condos, Las Vegas Construction News
Liens against real estate developer pile up halting condo progress in Las Vegas. Economic downturn and improper construction has stopped construction on this $350 million ManhattanWest Las Vegas mid rise real estate development.
Problems arose for ManhattanWest last August. During this time the general contractor Camco Pacific replaced Apco Construction.
Continue reading Liens Against Real Estate Developer Pile Up Halting Condo Progress
PermalinkTags: manhattan west, manhattan west las vegas, las vegas condos, las vegas mixed use, las vegas commercial real estate, las vegas condominiums |
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February 18, 2009 at 11:51 pm
· Filed under Las Vegas News, Las Vegas Casinos
Station Casinos Las Vegas casino operator skips $15.5 million debt payment this week on their commercial real estate. According to the Securities and Exchange Commission this is the second time this month Station Casinos has missed a payment.
A lawsuit was filed last week against Station Casinos which stated the bankruptcy was “without merit” by an individual bondholder.
Continue reading Station Casinos Asks BondHolders For Chapter 11 Bankruptcy Approval
PermalinkTags: station casinos, bankruptcy, las vegas commercial real estate |
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February 2, 2009 at 9:04 pm
· Filed under Las Vegas Real Estate, Las Vegas Casinos, Las Vegas Construction News
M Resort Las Vegas is expected to open for business on March 1, 2009. The local $1 billion Las Vegas hotel casino on 93 acres of land will have 390 rooms, nine restaurants, 90,000 square foot casino, 2.3 acres of luxurious pool, 20,000 square foot spa and 60,000 square feet of meeting areas.
Continue reading M Resort Las Vegas Is Expected To Open For Business On March 1, 2009
PermalinkTags: the m resort, m resort las vegas, mgm mirage, las vegas mixed use, las vegas commercial real estate |
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December 28, 2008 at 5:31 pm
· Filed under Las Vegas Real Estate, Las Vegas Construction News
Las Vegas commercial real estate cites bad economy to delay construction progress. News strikes again in the city of delayed or halted developments. The economic slowdown and rising construction costs delayed the $850 million Tivoli Village at Queensridge.
Another commercial real estate development is taking the wait and see approach to construction progress including Summerlin Centre, Manhattan West and Echelon Las Vegas. They say continued construction will be at a slower pace.
Continue reading Las Vegas Commercial Real Estate Cites Economy To Delay Construction
PermalinkTags: tivoli village, commercial real estate, las vegas commercial real estate, queensridge, summerlin las vegas |
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