Pinnacle Las Vegas High Rise Condos $650 Million Project Is Canceled

Pinnacle Las VegasPinnacle Las Vegas high rise condos $650 million real estate project is canceled. Sales have been suspended February 22, 2008 and the real estate agents for the development have been told their job is no longer available.

Nevada Title is the escrow company that held the buyers’ deposits of the condominiums for sale in Las Vegas, Nevada real estate. In accordance to their contract, Nevada Title is releasing the buyers’ deposits and interest as quickly as possible.

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Pinnacle Las Vegas Luxury Condos Names Dick Corp General Contractor

Pinnacle Las Vegas CondosPinnacle Las Vegas luxury condos names Dick Corp. as general contractor. Pinnacle real estate, is a $740 million condo resort development with 1,100 units near the Orleans hotel. Dick Pacific Construction is the Honolulu, HI subsidiary of the Pittsburgh contractor who will oversee the daily construction of the real estate.

Some notable construction projects for the general contractor include the Atlantis resort in the Bahamas and the Venetian Las Vegas resort.

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Pinnacle Las Vegas Condos Developer The Falcon Group Refinances Loan

RealtyTrac Pinnacle Las Vegas condo developer the Falcon Group increased the bridge loan and refinanced for the Pinnacle Condominium Resort. The new $50 million first mortgage loan takes out a previous $40 million loan by Berkshire Capital of New York.

Pinnacle Las Vegas high rise is a $850 million, 1,100 unit near-Strip project is planned for 12 acres, across from the Orleans hotel casino, at the intersection of Tropicana Avenue and Cameron.

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Pinnacle Las Vegas Condos $850 Million Luxury Project Unveiled

Pinnacle Las Vegas CondosPinnacle Las Vegas luxury condos were unveiled today including the vision behind this massive $850 million Las Vegas real estate high rise condo resort project.

“We are unveiling a thoughtfully designed vertical community featuring resort-style living,” said Michael J. Bellon, Pinnacle’s Director of Development and Managing Partner of the Falcon Group, developer of Pinnacle Las Vegas. “We have vertically integrated an entire neighborhood on 12 acres of Las Vegas, Nevada real estate. Our residents will have resort amenities and attractions such as a fully- equipped fitness and health center and full-service spa combined with a gourmet coffee bar, market and retail stores, restaurants, a movie theater and executive office space available. It will instill a sense of community in this age of Las Vegas urbanism.”

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Pinnacle Las Vegas Hi Rise Condos Secures Financing For Real Estate

Las Vegas Pinnacle Condos

Pinnacle Las Vegas condo-hotel at Tropicana and Cameron avenues, a $850 million Las Vegas real estate project, across from The Orleans hotel-casino, are moving forward. The Falcon Group, project developer, recently secured $40 million in interim project financing from Berkshire Capital Financial of New York City.

The two also are negotiating a $550 million Las Vegas real estate construction loan.

The 12-acre Pinnacle condo complex will consist of two 36-story bronze glass towers connected by three sky-bridges. Designed by YWS Architects, the twin 410-foot-tall buildings will combine for 1,100 units and include a jogging track, pools, a fitness center and gardens, among other amenities.

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Pinnacle Las Vegas Condominium Announced By The Falcon Group

Pinnacle Las Vegas Condos And Resort

Las Vegas Pinnacle

Pinnacle Las Vegas Condos Resort, an 1,100 unit project, will be managed by Interstate Hotels and Resorts.

Pinnacle Condominium Resort is a twin-tower, 36 story development currently in presale with ground breaking set for this fall and completion in the second quarter of 2009.

Arlington-based Interstate Hotels and Resorts (NYSE: IHR) says it is the largest independent hotel management company in the nation.

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