Thursday, October 29, 2009
Wednesday, October 28, 2009
Video-City Center High Rise Condo 30% Price Reduction
3:25 PM
Makea Turner
Over the last several months MGM has hinted about lowering it's High Rise Condo prices at City Center in an effort to help buyers obtain financing for their condos. The price reduction of 30% on High Rise Condos at MGM's multi billion dollar development on the Las Vegas Strip has been viewed by many as a strong indication that MGM is willing to do what they can to help buyers close on their units as well as sell the rest of their inventory. I think this is a great move by MGM because current buyers will now have an advantage when seeking financing to close on their properties also they have created a buzz about prices being lower so that people who couldn't afford High Rise Condos at City Center 2 years ago now may be rethinking their options. If you would like to discuss in detail the Las Vegas High Rise Condo market please give me a call 702-542-1883 or send me an email by clicking here. Don't forget to subscribe to this blog or my youtube channel to stay up to date with all of the latest Las Vegas High Rise Condo news and information.
Tuesday, October 27, 2009
Las Vegas Foreclosure News Commercial & Residential
10:04 AM
Makea Turner
Las Vegas is the capital for our nations Foreclosure epidemic. Nevada & especially Las Vegas have topped the nations foreclosure list for the last 33 months with no sign of letting up even as the pace of foreclosure fillings tappers off. Check out this cool video I found that talks a little bit more about Las Vegas foreclosure in detail.
Monday, October 26, 2009
Vegas High Rise Condos Safety Not Taken Lightly
6:37 PM
Makea Turner
Check out this video that shows Las Vegas efforts to create a safer environment for construction workers safe who build our beautiful High Rise Condos and Casinos. It is important to provide these workers with a safe environment to ensure that our residence in Luxury High Rise Condos as well as visitors to our beautiful resorts are entering safe sound buildings. Let me know what you think by leaving your comments and feel free to give me a call 702-542-1883 if you would like to know more about how you can purchase your very own Las Vegas High Rise Condo.
Saturday, October 24, 2009
Las Vegas High Rise Condo Prices Dropping
9:56 AM
Makea Turner
I found a cool video that talks about some predictions for the Las Vegas High Rise Condo market. Opportunity is all around us here in Las Vegas especially when it comes to High Rise Condos. Some units have seen 60% declines in their listing price and investors as well as savvy buyers recognize this opportunity. If you would like to take advantage of the unbelievable prices on Las Vegas High Rise Condos give me a call at 702-542-1883 or send me an email by clicking here. Don't forget to subscribe to this blog and feel free to leave any comments you may have.
Wednesday, October 21, 2009
Corus Bank Las Vegas High Rise Condo Sales
11:13 AM
Makea Turner
I have report over the last couple of weeks about the Corus Bank take over by the FDIC. Corus bank for those of you not familiar with Corus Bank allow me to bring you up to speed. Corus Bank financed just about every major High Rise Condo development in downtown Las Vegas and a few projects that were built on or near the world famous strip. The FDIC came in a couple of weeks ago and took over the lending institution. Since the take over the FDIC has auctioned off all of Corus Banks Las Vegas based assets which included a large majority of unsold High Rise Condos. I hope you like the video and be sure to leave your comments.
Tuesday, October 20, 2009
Video-City Center Room Rates Lower Than Expected
12:21 PM
Makea Turner
Check out this short video I made. Let me know what you think by commenting below. MGM City Center will be highlighted more and more over the course of the next couple months due to it's opening. Lots of things have been happening with City Center and it's High Rise Condos so if you want to stay up on what is happening please follow this blog or any of my other blogs, podcasts, or video blogs by subscribing them. Thank for reading and don't be afraid to ask any questions you may have.
Saturday, October 17, 2009
Tuesday, October 13, 2009
Video-MGM City Center Slashes High Rise Condo Prices
4:41 PM
Makea Turner
Check out what the latest news about MGMs massive development City Center is doing with its High Rise Condo aspect. High Rise Condominiums here in Las Vegas are at record lows when it comes to prices and the limited inventory that currently exists is quickly diminishing. Let me know what you think about the Las Vegas High Rise Condo market by leaving your comments on this story below or you can contact me by phone 702-542-1883 or shoot me an email.
Friday, October 9, 2009
Video-Good News For Las Vegas Condo Hotel Invetors
4:23 PM
Makea Turner
Things are beginning to come around as far as visitation to Las Vegas & local businesses. This is upward climb is a positive sign for Las Vegas High Rise Condo Hotel investors/buyers meaning that they now have the opportunity to rent their properties for high rates for more of the time. I am not guaranteeing your Las Vegas High Rise Condo Hotel will never be vacant or you will see any type of cash flow but what I am saying is that with prices at all time lows on Las Vegas Condo Hotel units and room rates /visitation on the rise makes for the perfect opportunity to acquire a a strong asset in these uncertain times. If you have any questions about purchasing a Las Vegas High Rise Condo please feel free to contact me via email or call me direct at 702-542-1883. Don't forget to comment on this story and share your thoughts about it.
Thursday, October 8, 2009
The Pressures On Fontainbleau Las Vegas
4:37 PM
Makea Turner
Basically what is happening now is the Bankruptcy judge over the case has said that the Fontainbleau team needs to hurry up and sell the troubled asset by next week on it's own or he will appoint an examiner to over see the sell of the property. There was a great article by the Las Vegas Sun which dove in to greater detail about the troubled Las Vegas High Rise Condo/Resort development. To read the full article at the Sun click here now. If you want to stay up to date with all of the latest happenings on Las Vegas High Rise Condos please feel free to subscribe to this blog by entering your email address in the form to your left.
Wednesday, October 7, 2009
Monday, October 5, 2009
MGM City Center High Rise Condo Prices Get Droped 30% Will This Help?
3:39 PM
Makea Turner
In an effort to minimize losses and help buyers MGM has announced that they will be cutting condo price at it's multi billion dollar City Center development in Las Vegas by 30%. The move to lower prices on City Centers High Rise Condos is not a surprise to me for a couple of reasons. One reason that this was not a shocker was because they stated a few months back they would be considering lowering the prices on their High Rise Condos. Another reason is it would be impossible to sell these properties to the prospective buyer who has already placed a large deposit who now needs to be financed in the worst economic climate in decades. Lowering prices 30% in my opinon was a far decision MGM/City Center made and buyers should be grateful that this has happened. I am looking forward to the opening and closing of the High Rise Condo & Condo Hotel portions of this magnificent development. If you or anyone you know is interested in purchasing either pre-construction or re-sale unites as they come available please feel free to contact me by email or phone which ever you prefer.
Sunday, October 4, 2009
Fontainebleau Las Vegas Project Order To Sell By Court
12:39 PM
Makea Turner
It's a bitter sweet taste for Las Vegas economic recovery. On friday October 2nd a bankruptcy Judge ordered Fontainbleau's attorneys to provide them with a clear cut reason why they should not proceed with the liquidation of the distressed Las Vegas High Rise Condo Hotel project. The Las Vegas Sun wrote an excellent report detailing the events that took place on Friday October 2nd in court for the Fontainbleau Las Vegas High Rise Condo Hotel Casino development. A Quick snip it that was quoted in the Las Vegas Sun's article was this "The court believes it is more expeditious to proceed with any potential sale as soon as possible rather than to wait until Oct. 28, when a trustee, if appointed, would be required to expend a significant amount of time to obtain counsel, familiarize himself or herself with this case and effectuate a sale," Cristol said in his order.(Cristol is the Bankruptcy Judge) To read the full article about the Fontainbleau Las Vegas High Rise Condo Hotel project Follow the Link Highlighted.
