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One Las Vegas condos on The Strip receives occupancy certificates. The two high rise 20 story luxury towers located near I-15 and Blue Diamond Boulevard have opened its doors for their first residents. Approximately 40 condos have closed escrow. The $150 million project first phase offers 359 units within the towers.

One condominiums join company with other nearby projects including Manhattan, Boca Raton and Park Avenue with Loft 5 condos construction is expected to finish soon.

Continue reading One Las Vegas Condos On The Strip Receives Occupancy Certificates

Sullivan Square Las Vegas developer sues Ireland investor for breach of contract to finance the mixed use real estate project for up to $800 million.

Filed this week in the Clark Country District Court, the lawsuit alleges Harcourt Nevada failed to perform funding and breach of fiduciary duty.

The attorney for Sullivan Square real estate in Las Vegas, Nevada said Patrick Doherty, principal of Harcourt, used Glen, Smith & Glen development to raise the condo project from ground breaking to vertical and then take control to finish.

Continue reading Sullivan Square Las Vegas Developer Sues Ireland Investor For Breach

Newport Lofts Las Vegas condos has lender woes under new management by previous lender. The 23 story downtown luxury condominium project has canceled a proposed auction, of 60 units with prices starting from $229,000, due to new ownership.

Fidelity Investments institutional assets management division, Pyramis Global Advisors, is Newport Lofts’ managing partner.

The $115 million real estate development is scheduled to have a meeting with bank officials and developer West Seegmiller.

Condos for sale have been stagnant the last six months for Newport Lofts, with only one completed. Six months ago, when the first units closed, the average price totaled $536,315 of 32 units sold.

Continue reading Newport Lofts Las Vegas Condos Has Lender Woes And New Management

Manhattan West Las Vegas condos is a 20 acre, $350 million development in southwest Las Vegas real estate near Sullivan Square condos. The plans are for the 700 mid rise condos in a mixed use environment with retail and commercial office space.

The live, work, play development at Manhattan West is designed by OZ Architecture. There will be 552 to 1,890 square foot home floor plans. Continue reading Manhattan West Las Vegas Condos Is A Mixed Use $350 Million Project