by admin on June 23, 2009
It has been a very rocky road for Turnberry Associate’s latest project Fontainebleau. Earlier this year it was in an enviable position having secured 100% of its financing prior to construction. However, despite the best planning the project was forced to file Ch. 11 bankruptcy earlier this month. The project ran out of money [...]
by admin on February 22, 2009
One thing is for certain, you have to play the odds in Las Vegas. Last month, it was reported that the Turnberry’s Fontainebleau was ahead of the curve in financing. With so many projects falling into limbo half completed, unable to get financing, Fontainebleau had reported that they would be able to complete the project.
Now [...]
by admin on November 5, 2008
With so many foreclosures in the Las Vegas real estate market and the current state of the economy, many experts have been weighing in about the fate of the market. Last month the Las Vegas high rise & condominium association discussed CityCenter and its importance to the city. One member went so far as to state [...]
by admin on November 3, 2008
Are property auctions still a good place to find a real estate bargain? If the results of the recent Monterey condos auction are any indication, those days may be over.
by admin on October 18, 2008
What happens when the organization you pay dues to, who is supposed to be on your side and working for you decides that they want what you have? Take a look at this post on the bloodhound blog.
So you work hard, building a brand up, paying your dues and one day you are told you [...]