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Vantage Lofts Las Vegas condos filed for bankruptcy with $72 million in debt.  The Henderson real estate development company, Slade Development, last week asked for court protection due to the credit market crunch.

This move could have been seen since the sales office closed four months ago because subcontractors filed mechanics liens totaling $17 million for their unpaid construction work.  Assets are listed at $45 million.

Continue reading Vantage Lofts Las Vegas Condos Filed Bankruptcy With $72 Million Debt

Vantage Lofts Las Vegas condos construction progress stops due to financing restructuring. Slade Development expects to continue within a few weeks.

Slade Development sales figures were not what they expected of the $160 million lofts project. Based on the mortgage crisis and current real estate market they weren’t prepared for the lack of buyers to their project in Henderson.

Continue reading Vantage Lofts Las Vegas Condos Construction Stops Due To Financing

Vantage Lofts in Las Vegas real estate is currently under construction. The Luxury Las Vegas condos are expected by Slade Development to open models in the first phase of the development for September 2007.

The urban style flats and two story lofts in Las Vegas, Nevada range from 1,000 to 2,600 square feet.

The price per square foot on average is $450 and priced from $450,000 to $1.6 million.

The 110 unit luxury homes in Henderson real estate first phase by Slade Development expected occupancy in October.

Continue reading Vantage Lofts Luxury Homes In Las Vegas Real Estate Expected Opening