By now all of my readers should realize that I specialize in the High Rise Condo market here in Las Vegas. Over the last few months i’ve worked with a very broad array of individuals from all over the world who have been looking to purchase a luxury High Rise Condominium here in Las Vegas. Of course everyone wants the best deal possible and i make sure thats exactly what each of my clients gets in every transaction. There has been a sustantial increase of buyer intrest at MGM Grand Signature from every corner of the world. There are some great deals in this development at the moment but there are also some property’s that are just priced rediculous. Check out my Top Picks for MGM Grand Signature Towers HERE. If you venture west of the strip just a few feet you will come across MGM’s multi billion dollar NEW development City Center which will also have a Hotel Condo named Vdara which just recently Toped Out at over 600′. Both developments MGM Grand Signature & City Center are true maasterpieces that make great additions to the ever changing Las Vegas Skyline. By the end of 2008 all of the buildings in City Center are expected to be at full hieghts. I feel that if you have been sitting around thinking and contemplating about buying your very own Las Vegas High Rise Condo you need to get up and take action.
I mentioned that there are some great deals at MGM Grand Siganture Towers but you can find some fantastic deals at every Las Vegas High Rise Condo development if you have the right Realtor working for you who specializes in the High Rise Condo market. I know this is off topic but just the other day i was conducting a search for a client of mine and found a ONE of a Kind deal at Panorama Towers, i could hardly believe it myself when i found it. The deal was a 2 bedroom 2.5 bath, 2374 square feet, on the 18th floor for ONLY $899,000. I know some of you are sitting there thinking well thats alot of money Makea, not if you look at it in price per square foot, it’s only $379 a square foot, and it sounds nicer too:) Like i said there has been an increase of intrest in MGM Grand Signature but there are deals of equal or greater value elsewhere also.
Downtown School to open its doors once again this fall. This school has been going through2 years of major renovations costing about 9.5 million dollars. I think its a great opportunity for students who enjoy art to have a place they can learn and grow. This school is located downtown in the arts district and will house The Nevada School of the Arts,The American Institute of Architects and the city’s Cultural Affairs Division and more. The children and students did play apart in the renovations of the school CLICK HERE TO READ The Full article on the Las Vegas Sun website
Is there still good deals in the Las Vegas High rise condo market? You better believe it quick and jump all over them because the boom is on it’s way back! There is still a definitely demand for luxury High Rise Condos here in Las Vegas. We have seen projects flop and watched others make it to the top. One of the most successful developments that was completed was Sky Las Vegas. Sky offers an array of amenities to their residence while providing some of the BEST views Sin City has. I was searching through the MLS today and picked out the most exciting and impressive deals at Sky Las Vegas. The deals range in square footage from 1100 to over 5000. Please keep in mind these were the cream of the crop picks ladies and gentleman not just average deals that our laying around out there waiting to be found. These DEALS are such a tremendous value and provide so much I can definitely say people won’t be seeing these types of deals in the near future once projects like MGM City Center & Fountianbleua open their doors. Ok enough of me blabing about the BEST Deals at Sky Las Vegas check them out for yourself by clicking here.
Over the last month or so i have received an increasingly large amount of phone calls from High rise Condo buyers who are not in a position to close escrow on their vertical property’s for one reason or another. I have encountered people who can’t qualify for the loan and people who can qualify but don’t want to close. There are so many different situations that people are in that it just doesn’t make sense. I have had people call and tell me one thing and others tell me the complete opposite. If you are in this situation you first need to read your sales contract thoroughly, then contact the sales department at what ever development you have a property under contract at. In my experiences the developers are more than happy to help people out in these types of situations to the best of their ability. Once you have talked about your situation with a development representative you will have a clearer understanding of what your options are. After you understand what options you have it will make things easier on yourself and you can work on things from there. The #1 problem that i have been hearing from people in these types of situations is that they either can’t close escrow or they can close but don’t want to pay a high down payment. One solution that some developers are allowing people to do is to do a contract transfer or assign their contracts to someone else. This is only an option for people who have been specifically told by their developer that they can do this and if you haven’t been told this then your not allowed to do so. I have helped several people who have gotten the OK from the developer to do a contract transfer but the task has not been easy. People who can’t close on their High Rise Condo need to understand the quicker they take action and speak to the developer about their situation the easier it makes it on everyone. Now on the positive side of this equation if you are able to close and don’t have a problem with paying a little higher of a down payment than a traditional style loan then you are in a great position. The reason you are in a great position is that you can pick up property’s at 2005 &2006 prices which means instant equity for you. This is only a good idea if you want to buy a High rise Condo and don’t want to pay 2008 prices and also you have the opportunity to pick up some very prime unites with some of the best views in town. Like i mentioned earlier i am currently working with several people who can’t or don’t want to close on their Condos so if your interested in this type of deal i can be of help to you. I have access to Palms Place and Trump International Condos that are way below what the developer is selling their Condos for because like i said these property’s were put under contract a few years back during pre construction phases of the developments. Contact me today to learn more about how you can pick up a High rise Condo at 2005 prices in 2008:)
There are some amazing deals at Panorama Towers. One of the deals that caught my eye is a one bedroom condo located in building 2 on the 8 th floor with 733 sq ft of living space.this condo is ready for you to move in and enjoy the spectacular views and experience the lifestyle Panorama Towers has to offer. Panorama Towers offers its residences many amenities like 24/7 Valet service,fully equipped Gym including yoga and Pilate’s area,concierge service, conference and meeting rooms just to name a few. This condo located at one of the hottest high rise developments in town and wont last long click here to view detailed information about this Panorama Towers HOT deal for more information on other Luxury high rise condos visit www.TheView99lv.com or visit www.makeaturnercbw.com
Great deal at SKY Las Vegas this unit is located on the 13 floor with Amazing Views of the City and rocky mountain ranges to the east. This condo is has 1 bedroom 1 bathroom is a 778 sq ft. This condo is the the lowest priced condo in the building. Sky Las Vegas is the first Luxury high rise condo located directly on the world famous Las Vegas Strip. Amenities include pool, spa, cabana, sauna, steam, theater room,billiards, business center, fitness,racketball, putting green 24/7 concierge service and valet parking for more information about this amazing deal that wont last click here for information on other las Vegas Luxury high rise condos visit www.Theiew99lv.com
Sullivan Square is a Mixed Use development located at Durango and the 215 beltway. This 16 acre planed development will have 1,300 High/Mid rise residential units, 45,000 square feet of retail and office buildings, and a central park. Over the last few months their has been a growing concern among construction contractors and home owners that are involved with Sullivan Square because of talks that the development might not go up. According to a lawsuit, filed in Clark County District Court by one of the developments partners GSG, alleges breach of contract by Harcourt Nevada , a 60% Partner in Sullivan Square, for failure to perform funding obligations and breach of fiduciary duty. GSG’s Lawyer John Manly says “Essentially, Harcourt is pushing Glen, Smith & Glen out of the project and they intend to build it themselves,” the California lawyer said. “It amounts to economic bullying.” This is bad news for anyone involved with Sullivan Square because the allegations in the filed lawsuit can only bring on one thing and thats a Hold Up in the Finishing of this project which anyone familiar with Construction or Land Development knows is a big deal. Click here to read the whole article by Hubble Smith a reporter for The Review Journal
2008 all of the buildings in City Center are expected to be at full hieghts. I feel that if you have been sitting around thinking and contemplating about buying your very own Las Vegas High Rise Condo you need to get up and take action.
2008 all of the buildings in City Center are expected to be at full hieghts. I feel that if you have been sitting around thinking and contemplating about buying your very own Las Vegas High Rise Condo you need to get up and take action.
there has been an increase of intrest in MGM Grand Signature but there are deals of equal or greater value elsewhere also.
there has been an increase of intrest in MGM Grand Signature but there are deals of equal or greater value elsewhere also.
