Luxury One Queensridge Place Las Vegas Announces Record Sales for 2012

Las Vegas’ One Queensridge Place is pleased to announce record sales to date for 2012. Since July, the sales and marketing team has successfully sold two additional penthouses, valued at about $3,000,000 each. Including the recent sales, One Queensridge Place has now sold 12 residences and penthouses this year.

One Queensridge Place
One Queensridge Place Las Vegas

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The Modern Las Vegas Mid-Rise Lofts Revive Life To Stalled Development

The Modern Las Vegas loft condominiums completion was announced recently by BondRok Partners. With 83 mid-rise lofts ranging from 1,234 to 2,723 square feet, this new community presents a simple, clean style and a wealth of amenities including a resort-style pool and sun deck, two-story fitness center, three open courtyards, and an on-site concierge.

The Modern Las Vegas Pool
The Modern Las Vegas Pool

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Las Vegas High Rise Condo Filed For Bankruptcy Protection This Week

Streamline Las Vegas TowerLas Vegas high rise condo filed for bankruptcy protection this week.  The 21 story downtown luxury condominium project filed for Chapter 11 bankruptcy protection.

Real estate developer Dusty Allen for Streamline Tower racked up approximately $125 million in construction costs of the 275 unit high rise.  Corus Bank of Chicago financed the downtown development.

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Liens Against Real Estate Developer Pile Up Halting Condo Progress

Manhattan West CanceledLiens 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.

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Project CityCenter Las Vegas Opens Applications For Jobs Jan 5, 2009

Project CityCenter Hotels Project CityCenter Las Vegas opens applications for jobs on January 5, 2009.  The Las Vegas resort will need more than 12,000 jobs filled by an estimated 100,000 job applicants.  Employment for the $9.3 billion resort will commence early January.

Update 1/5/09: Project CityCenter Jobs are now available.

Hiring for CityCenter’s nongaming hotels, Vdara, Mandarin Oriental and Harmon will be administered by MGM Mirage.  In addition, they will oversee Aria and the dining, entertainment and retail real estate for Crystals.

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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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