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Station Casinos Las Vegas gaming company is accepting a buyout bid from Fertitta Colony Partners for $5.4 billion or $90 per share. This buyout also includes the repayment of $3.5 billion of debt, making the total real estate deal worth $8.8 billion.

While a private equity group involving the founding family has increased its offer to take Station Casinos private, industry analysts say a follow-up bid that might drive the price higher is unlikely to come.

Station has 30 business days remaining to solicit additional proposals from competing buyout bidders.

The current bid is being placed by a private equity partnership involving Los Angeles-based Colony Capital and Station Casinos Chairman and CEO Frank Fertitta III, Lorenzo Fertitta, president, and their sister, Delise Sartini, and Blake her husband.

Continue reading Station Casinos Las Vegas Gaming Company Buyout Bid For $5.4 Billion

C2 Lofts Las Vegas condos in Summerlin real estate have the first of two buildings nearly sold out. There are only eight remaining luxury Las Vegas condos for sale at C2 Lofts in phase one with expected opening early 2007.

The mid-rise condos in Summerlin Las Vegas will feature 100 luxury Red Rock condos in two five-story buildings with landscaped grounds, double-gated access and rooftop gardens. C2 Lofts for sale in Summerlin will have on-site retail outlets such as a deli and coffee shop planned.

The lofts in Summerlin real estate are priced from the upper $600,000s.

Continue reading C2 Lofts For Sale In Las Vegas Eight Remaining Condos With Incentives

Red Rock Residences at Red Rock Resort Las Vegas by Station Casinos has scrapped a Red Rock real estate high-rise condominium development in Summerlin Las Vegas after the company’s partnership with a pair of Las Vegas condo developers dissolved.

Scott Nielson, Station Casinos‘ chief development officer, said Wednesday the company is looking at various alternatives for the five-acre parcel in Summerlin Centre, south of Red Rock Resort Las Vegas and near a planned outdoor shopping mall.

However, he didn’t count the Red Rock Residences condo project out of the picture.

“We need to consider what is the best use for that site,” Nielson said. “We’re not saying the condos won’t be built, but we have to consider all our alternatives for that real estate.”

Continue reading Red Rock Residences At Red Rock Resort Is Dead

C2 Lofts in Summerlin Las Vegas home to local Las Vegas Dentist, Mike Golpa as recommendation of a patient from his dental practice. He was extremely impressed.

“I could see that these are unique, attractive and flexible loft designs. There is very little need for customizing because the C2 lofts are already built with features like granite counter tops, stainless steel appliances, upgraded cabinetry and so many other nice appointments,” he said.

“I also like the loft concept throughout the designs with the exposed ductwork, high ceilings and abundant windows. It has a very stylish, urban feel to it, which was different from anything I had seen elsewhere.”

The C2 Lofts Las Vegas luxury home residences are available in one and two-story floor plans, priced from the $700,000s to $1.2 million.

Golpa purchased the C2 Lofts Las Vegas luxury condos two-story Silk, a 2,397-square-foot home that includes a 176-square-foot terrace off the main living area.

Continue reading C2 Lofts In Summerlin Las Vegas Home To Las Vegas Dentist

Terra Rossa Italian Restaurant at Red Rock Station Casino Las Vegas offers hungry diners authentic Italian foods including homemade pastas, wood-fired pizzas, fresh fish and an extensive antipasto table. The impressive wine room collection of 1,500 bottles of premier Italian and California wines. From his post in the open kitchen, Chef Renato DiPirro, who hails from Tuscany, brings the authentic flavors and warmth of Italy to the romantic eatery. The intimate setting evokes the feeling of a rustic Tuscan Italian villa and overlooks the outdoor water feature. Terra Rossa offers indoor and patio seating, as well as private dining rooms for special occasions. Terra Rossa Italian Cuisine in Red Rock Station Casino, 11011 W. Charleston Blvd., serves traditional Italian fare that’s “simple and hearty,” says chef Renato De Pirro.

Clockwise is grilled swordfish and vegetables with Mediterranean relish, a caprese salad with buffalo mozzarella and tagliolini ai frutti di mare are some of the dishes at Terra Rossa Italian Restaurant.

“We were trying to accommodate what people are asking for, especially off the Strip,” says De Pirro, who previously worked at Valentino’s in The Venetian hotel Las Vegas.

Hungry diners will find pasta, spaghetti with meatballs, linguine, lasagna, plus an array of seafood, meat and an antipasto bar.

Continue reading Terra Rossa Italian Restaurant Serving Hearty Italian Fare At Red Rock Station Casino

Hip new Cherry Las Vegas Night club at Red Rock Station Casino created by Nightlife entrepreneur Rande Gerber, along with his brother Scott, founders of After Midnight Company, and creators of glamorous restaurants, lounges, and bars across the country, is a hit.

CHERRY, designed in collaboration with The Rockwell Group of New York City, encompasses 8,500-square-feet of cool, luxurious architectural detail with an indoor nightclub and outdoor pool deck. CHERRY’s electric red leather walls, translucent crimson glass doors and compelling mirrored entranceway lead guests into an extraordinary oval shaped venue. In contrast to the mega clubs for which Las Vegas is known, this intimate night club will generate great energy in a compact environment.

Continue reading Cherry Las Vegas Nightclub at Red Rock Station Casino