Christopher Milam Makes Second Bid For Real Estate On Las Vegas Strip

Crown Las VegasChristopher Milam makes second bid for real estate on Las Vegas Strip.  The Texas real estate developer is making a second attempt to purchase the land on the old Wet n Wild site for $618 million, or $22.9 million per acre located next to Sahara hotel.  This news was distributed from a filing with the Securities and Exchange Commission.

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Manhattan West Las Vegas Condos Stopped Construction On Development

Manhattan West CondoManhattan West Las Vegas condos stopped construction on development in west Las Vegas real estate.  The mid rise development by Gemstone Development cites mortgage lenders terminating financing.

The local real estate developer is looking to create an investment group for buying discounted senior notes for completion of the development.

This past year in Las Vegas the pricing for residential real estate has deeply been discounted.  Many developers have lowered their prices to levels of at or below their cost.  At this pace many builders are going bankrupt or out of business.  Continue reading Manhattan West Las Vegas Condos Stopped Construction On Development

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Strippers Rejoice: Employment By A Penthouse Brand Las Vegas NV Hotel

ModelStrippers rejoice with possible employment by a Penthouse Brand Las Vegas NV Hotel.  The Penthouse CEO has gone public with a possible real estate purchase on the Las Vegas Strip.  Watch out casino operators, the men’s magazine could put a new spin on attracting visitors to their casino.

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Will The US Marshals Operate Crazy Horse Too Las Vegas Topless Club?

Crazy Horse TooWill the US Marshals operate the Crazy Horse Too Las Vegas Topless Club?  Last week they received more time to consider operational consideration with the proper exotic dancing and alcohol permits or a sale of the real estate.

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City Crossing Mixed Use Real Estate In Henderson Seeks Reorganization

ForeclosuresCity 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.

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

Manhattan West CondosManhattan 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.

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