LAS VEGAS REAL ESTATE | HOMES FOR SALE IN LAS VEGAS | LAS VEGAS NEW HOME

City Crossing mixed use real estate in Henderson, Nevada seeks reorganization.  Plise Development, Las Vegas based developer, obtained $180 million in short term debt during the first part of 2007 which matured about four months ago.

City Crossing is a $2 billion development within 6 million square feet near the Henderson Executive Airport.  Real estate site improvements have started that include utilities, grading and roads.

Continue reading City Crossing Mixed Use Real Estate In Henderson Seeks Reorganization

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

M Resort Las Vegas hotel on the Strip expects to open early in March, 2009.  Local real estate developer, Anthony Marnell III, caters to locals with his version of a place visitors feel at home when they step through the door.  Will he be able to carve out his niche in this heavily competitive casino market?

Because construction has been ahead of schedule at M Resort, millions of dollars in savings will be used in other aspects of the hotel casino.  Hopefully locals will embrace the upgrades including 180 degree views of the valley from the rooftop restaurant and a wine cellar controlled with technology.

Continue reading M Resort Las Vegas Hotel On The Strip Expects To Open Early In March

City Crossing Henderson mixed use real estate filed for bankruptcy protection. City Crossing is a 6 million square foot, $2 billion development at Executive Airport Drive and St. Rose Parkway.

Two weeks ago, City Crossing 1 LLC, filed for chapter 11 bankruptcy to reorganize $180 million.

The construction progress includes site improvements started last year including, roads, utilities and grading worth $30 million.

Continue reading City Crossing Mixed Use Real Estate Filed For Bankruptcy Protection

HOOTERS Las Vegas strip hotel missed payment stops real estate deal. An option agreement was cancelled this week after a real estate investment group failed to make payment on the commercial real estate.

Hedwings, from Santa Monica, CA, has spent over $6 million in the past year for closing costs and and nonrefundable fees.

Continue reading HOOTERS Las Vegas NV Hotel Buyer Looses $6 Million By Missing Payment

Crown Las Vegas $5 million hotel casino resort has been canceled.

Crown gaming company from Australia said a joint venture for the site of the former Wet n Wild 27 acre site in Las Vegas real estate. The current credit market and struggling hotel neighbors on the Strip have concluded the project not financially viable.

Continue reading Crown Las Vegas $5 Billion Hotel Casino Resort Has Been Canceled