Hospitality Cosmopolitan $1,730,000,000 1,000,807 sq.ft 2,995 room hotel and casino Purchased by Blackstone Group from Deutsche Bank
Downtown Summerlin Fashion, dining and entertainment 1.6 million sq.ft Shopping opened 2014 Multifamily, hotel
The Linq The Linq Promenade includes dining, shopping and entertainment, with a 550-foot observation wheel Hotel is 2,640 rooms Casino is 118,000 sq.ft The observation wheel, called the High Roller, opened in March 2014
Grand Bazaar... read more
The economic crash earlier this decade has left many individuals and families timid about buying a home, when much of the data reveals that it is actually still a great time to buy a home in Las Vegas, NV. The fact that home values are not plummeting OR sky rocketing demonstrates a more stable market than what we have recently seen. Owning remains more attractive relative to renting in many Las Vegas locations, and interest rates are lower than we were accustomed to before the crash. Furthermore, with down ... read more
Long ago we had taken note of the frothy Aussie housing market and noted some parallels between what has been occuring there and what we experienced in the United States. One of these was the "housing shortage" will keep prices up statement. While real estate is a market with a lot of friction, shortages should'nt last long unless municipalities artificially restrict supply through zoning.
Bloomberg talks about the home-shortage myth today: http://www.bloomberg.com/news/2011-09-11/housing-bears-say-sh... read more