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Wednesday, September 30, 2009

Video-Hardrock Cafe Has A New Location & Look

Tuesday, September 29, 2009

Video-Update On Fontainebleau High Rise Condo Hotel Casino Project In Las Vegas

Over the summer I had received many calls from my clients and prospective clients asking me what was going on with Fontaintebleau project across the street from Sky Las Vegas on the world famous Las Vegas strip. I really haven't heard much about the project since they stop construction, other than the developer was trying to fight the banks in court over releasing the rest of the financing for completion of the project. Earlier today I read an article that was emailed to me which was published in the Miami Herald that discussed some very interesting facts about this case and whats happening. One thing that was mentioned was unhappy Fontainebleau lenders have taken their argument to the next level, asking that their case be moved from a Chapter 11 restructuring to a Chapter 7 liquidation. The unsatisfied Fontainebleau lender have told the courts that after spending $17 million in loan proceeds during bankruptcy, Soffer's team ``has nothing to show for it,". I feel that this move by the bank will be the final nail in the coffin as far as saving the plans for this development meaning being branded as a Fontainebleau property. It is unfortunate that the Fontainebleau project has meet it's fate but there is a positive aspect that no one has talked about and that is the fact that once MGM's City Center development starts to open there will be a need for construction jobs. By the time City Center opens Fontainebleau or the former location of the Fontainebleau will hopefully have new owners who need their newly acquired property completed putting back thousands of people to work. Things are turning around and if you pay close attention to what is happening you will be able to see a ray of sunshine amongst all the clouds, thank you for reading my posts and if you have any further questions about Las Vegas High Rise Condo Real Estate opportunities please feel free to contact me via email or by phone 702-542-1883. Don't forget to leave a comment if you would like to share your views about what I have posted here today.


Friday, September 25, 2009

Great High End RE Video

This is a perfect example of someone taking responsibility for their actions during the RE boom of the new millennium. Everyone who made the same mistake as this gentleman need to do as this wise man has and except what they did and recover from it. Las Vegas High Rise Condos have had similar problems like Miami. Just as Miami will recover so will Las Vegas and the local High Rise Condo market. Hope you all enjoy this video and I would love to get your feedback so just leave a comment below if you like.

Thursday, September 24, 2009

Video-Gaming Stocks Show Positive Signs For Las Vegas Markets

Las Vegas gaming stocks have seen huge rebounds in the last couple of months and many believe it to be a positive sign for Las Vegas. The news of certain local gaming stock prices surging over the last 60 days has made Las Vegas a headlining city once again but in a more positive light. If strip casinos are starting to rebound you can bet that the High Rise Condo market is on it's way if not already to seeing a rebound. Las Vegas high rise condos have come down in price almost as much as some of the gaming stocks that took a tumble and sales have jumped do to the low prices. Many people are betting big on MGM's City Center Condos to pull the High Rise Condo market out of it's current state of dropping prices and repossessions. It will be interesting to see what City Center Condo Sales will do especially if MGM goes through with lowering their High Rise Condo Prices. Check out the video below for the latest information about Las Vegas Gaming Stocks.





Wednesday, September 23, 2009

Video-Las Vegas High Rise Condos At MGM City Center Are Getting Ready To Open

Check out this cool video explaining how amazing MGM's new multi billion dollar development is and whats in store for visitors and residence. City Center is going to take High Rise Condo living to a whole new level. In the video there are some actual shots of the buildings from not to long ago. I can't wait to see what these beautiful Las Vegas High Rise Condo look like when completed & I can't wait to sell some as well. Let me know what you think of the video by commenting below and if have not signed up for my RSS feed so you can receive all the latest Las Vegas High Rise Condo news as it happens.


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