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

110 acres of Las Vegas land purchased for $330 million on the Strip. A New York investment firm, SDS Investments, took out a hefty $400 million mortgage loan for costs and to pay for the real estate for sale.

SDS Investments is committed for the long term in Las Vegas Nevada real estate with no intentions of condos being built.

Continue reading 110 Acres Of Las Vegas Land Purchased For $330 Million On The Strip

Focus Property Group asks to stop interest payments for three years on the $470 million in Las Vegas Nevada real estate loans on 4,800 acres of land. Last month they stopped making their loan payments.

Focus asked investors of their mortgage loans to extend them three years of credit with additional extensions.

Continue reading Focus Property Group Asks To Stop Interest Payments For Three Years

Focus Property Group stops making interest payments on $500 million in land loans. The real estate in Henderson, Nevada was won in June 2004 at a Bureau of Land Management auction for $557 million.

The property in question is 4,800 acres of land located in Victorville, California, Pahrump and the Las Vegas Valley. The Focus Property Group is one of the largest developers in Southern Nevada.

Continue reading Focus Property Group Stops Making Interest Payments On $500M In Loans

Ivana Trump Las Vegas real estate sold to Arizona man for $47 million. The old Holy Cow Casino, Cafe and Brewery two acre site on the Las Vegas Strip has been sold.

The very expensive land is located across the multibillion dollar mega resort by MGM Mirage, Dubai World, Kerzner International Holdings Ltd and north of the Sahara casino. A casino license is possible at this location.

The 58 year old Arizona businessman and Las Vegas land owner is Steven Johnson. He is from Desert Mountain Renegade Golf Course community and doesn’t have a definite plan for the site.

Continue reading Ivana Trump Las Vegas Real Estate Sold To Arizona Man For $47 Million

MGM Mirage Las Vegas completed the transaction last week on the 33.5 acres of the real estate acquisition on the north Strip. The 25.5 acres of land was purchased for $444 million at Sahara and Las Vegas Boulevard next to the Allure condos. The remaining eight acres worth $131 million on the Strip, closed earlier in May 2007.

Both real estate deals were said to have involved a 1031 tax deferred exchange capital from the MGM’s sale of the Primm, Nevada real estate and its holdings in Jean, NV. The reported largest land transaction on the Las Vegas Blvd. cost a total of $576 million.

Continue reading MGM Mirage Las Vegas Closes $444 Million Las Vegas Strip Land Deal

Spanish Hills Las Vegas by Rhodes Homes is offering six custom home lots for sale with Strip or mountain views in the southwest part of the Las Vegas, Nevada valley.

There are currently two Spanish Hills lots for sale with mountain views and four luxury lots with Strip views. This would be a fantastic spot for a custom Las Vegas luxury home. Spanish Hills homeowners are in an exclusive community with many luxuries and a lush perimeter helps to maintain their privacy.

Spanish Hills custom homes are located in a private, guard-gated community. The community features within its gates several tennis courts and a tot lot. A 24 hour security company staffs the guard entrance and patrols the real estate.

The available luxury lots in Spanish Hills range from one-third to one acre and are priced according to location and size.

Continue reading Spanish Hills Las Vegas By Rhodes Homes Offers Six Custom Home Lots