Archive for July, 2008

Clearing The LV High Rise Condo Air!

{ July 30, 2008 @ 12:24 am } · { Las Vegas Luxurh Condo-hotels, Las Vegas Strip Properties, Luxury Living in the Sky, las vegas real estate, luxury high rise condos, vertical las vegas }
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I mentioned yesterday that I would be reporting hardcore this week about how I am on a mission to clear the air of all false accusations & bad reporting. Las Vegas is definitely in challenging times when you speak about the single family home market. Over half of the inventory on the re-sale market is either foreclosed homes or a property that is a short sale. Don’t get me wrong there are great deals to be found in these style properties,(if you can wait 6 months before getting a response some times you may get a response sooner) but some of the more lucrative opportunity’s in town have been passed over, reporting wise, by our local professionals. I specialize in the Luxury High Rise Condo market here in Las Vegas and I can’t believe what some people who call themselves Real Estate professionals have been trying to say about our beautiful & strong High Rise Condo market. There has been one outrageous claim after another made about the High Rise Condo market here in Las Vegas this year but none seem to pan out. Below I have included a list of the most ridiculous claims brought against our amazing High Rise Condo scene that I have heard or caught wind of. Every single claim holds no weight or truth towards these developments: Trump International, Palms Place, The Signature At MGM, Sky, Platinum, Turnberry Place, Turnberry Towers or Panorama Towers. How might I know that the claims below are un-true for these developments you may ask, and that is because I took the time today to call and personally speak with each developments HOA departments. All the questions below were brought to each developments HOA’s attention today and were laughed at by the representatives I spoke with. It was more of a “are you serious” tone I got from each HOA department because they couldn’t believe these things were being said.

The Most Outrageous Claims About The LV High Rise Market

#1: There is a huge number of home owners not paying their HOA fees which is driving the HOA into bankruptcy.

#2: There is mold & vomit stains through out the hall ways.

#3: The development has drained the pools because home owners are not paying their HOA fees.

#4: Developments are trying to cut cost by not fully illuminating their hall ways. (Only turning on half of their lights)

#5: Residents are having to maintain the developments landscaping due to home owners not paying their HOA’s

#6: Residents are taking turns with the shifts at the guard gates because home owners aren’t paying their HOA’s

If you so happen to come into contact with the people making these false claims what should you do you might be thinking, RUN FAST & FAR, before you end up falling victim to their misleading ways. I have not included the links to the video’s or reports that made these claims because Iwill not contribute to the un-truths or entertain these types of lies for the simple fact that they cause damage our local High Rise Condo Markets reputation. Things are doing just fine here in th Las Vegas High Rise Condo market and to date we have had 20% more High Rise Condo closings Than all of last year combined and we still have 5 months to go.

Can’t talk bad about Trump for long. Trump slams media after unfair coverage of Trump International Las Vegas.

{ July 29, 2008 @ 7:15 pm } · { Las Vegas Luxurh Condo-hotels, Las Vegas Luxury High rise condos, Las Vegas Strip Properties, Luxury Living in the Sky, las vegas real estate, luxury high rise condos, vertical las vegas }
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Over the last few months the media has been trying to for some reason discredit the Trump International Las Vegas property. I can’t believe some of the things I’ve been hearing lately about Trump & the whole Las Vegas High Rise Condo market, it’s just ridiculous and must STOP! This week I will be reporting on things that should get more coverage than the BS they blast all over the air waves and smear on the front pages of their newspapers. Don’t get me wrong the internet is becoming just as bad as the main stream media, but you’ll hear more about that this week. Trump International Las Vegas is a fantastic property that has done very well considering the tightening of lending restrictions and the subprime fiasco. I have not purchased a Trump International Condo Hotel unite but i have watched Trumps Las Vegas masterpiece become a reality in an almost flawless effort. Although escrow is being closed on Condo Hotel unites at Trump International there remains very few on the re-sale market signifying buyers have bought at Trump International Las Vegas with the intention of hold on to their properties instead of flipping. Trump International Las Vegas has defiantly introduced the Trump style to us all here in Vegas and in my opinion i feel people are welcoming him with open arms minus the few skeptics & non believers. Check out how the media first reported on the latest information from Trump International Las Vegas & then watch how Donal Trump handled it in true Trump style. Keep up the good work Mr Trump and continue to build amazing standard setting towers around the world.

Las Vegas will recover sooner then you think…

{ July 24, 2008 @ 8:29 pm } · { Uncategorized }
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Check out this article posted on the Las Vegas Sun website titled “MGM Mirage chief upbeat amid drumbeat of downturn” Despite all of the negaitive talk about Las Vegas, MGM Mirage Chief executive says he predicts a “modest recovery” by early next year. CLICK HERE to read the full article on the Las Vegas Sun website. Also check out this video of Robert Kiyosaki and other Experts talk about Real Estate and the Las Vegas Real Estate market CLICK HERE to watch.

I agree with the article 100% I mean would big corporations really be in town building If they did not have confidence in the future of Las Vegas. Whats your thoughts on the Las Vegas market is it really as bad as they say?

For Information about the Las Vegas Real Estate market visit http://www.makeaturnercbw.com/ or call me 702 542 1883

Another Low Blow To The Las Vegas Condo Hotel Market

{ July 15, 2008 @ 11:54 pm } · { Uncategorized }
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In America and maybe around the world at the moment there is a whole bunch rumors and half truths floating around about the Las Vegas High Rise Condo & Condo Hotel market. There has been weak lawsuits filled, incompetent speculators making a lot of unnecessary noise about their mistakes, and mis leading article’s one after another from the media about what is actually happening in the Las Vegas High Rise Condo & Condo Hotel markets. It’s time to clear the air about what is going on and make a few things clear about what is happening here in Las Vegas. First off i want to talk about the lawsuits that have been filed and talked about over and over again. Owners of Condo Hotel units at The Signature At MGM are saying they are not receiving a certain % of compensation they were told they would for renting out their units through MGM’s nightly rental program. If the disgruntled buyers are correct in their allegations and have proper documentation stating that the Signature sales staff promised a certain return to them then they might have a good chance of winning their cases appeal. If the upset owners have the documentation that shows a promise to them in writing from MGM for a certain % of compensation they should have, in my opinion, already won their cases and not had to take it to the supreme court. In the lawsuit they state that buyers were lead to believe they would receive a higher nightly rental rate from exaggerated sales pitches. If this is true, the buyers were not represented properly by their Realtors, this should be a lesson to everyone who is looking to purchase any type of Real Estate “Make Sure You Have Proper Representation When Purchasing Real Estate”.

The Las Vegas High Rise Condo & Condo Hotel market is doing just fine and is continuing to become more and more popular by the day. People from around the world have come to Las Vegas to purchase a piece of our new skyline plopping down tens of millions of dollars to have their own luxury Las Vegas High Rise Condo or Condo Hotel. The media must be blind to all of the construction in the Condo Hotel sector here in town because it seems to me a large majority of what is currently being built is Condo Hotel properties. You have Vdara at MGM’s City Center and Fontainebleau which will both be completed in 2009 adding more than 3500 Condo Hotel unites to our market. Trump International recently had it’s official opening and is closing escrow on many of it’s units as we speak which will add over 1000 more Condo Hotel units to our market here in Las Vegas. So why does every one think that Condo Hotels wont last here in Las Vegas, honestly i don’t have a clue, maybe they really believe the city with the highest room occupancy rates in the country can’t fill the rooms, i don’t know. I do know that High Rise Condos & Condo Hotels are defiantly here to stay in Las Vegas no matter how bad the media makes them sound.

Las Vegas High Rise Condo NEWS In The News 01/01/08-07/01/08

{ July 8, 2008 @ 4:02 am } · { Las Vegas Luxurh Condo-hotels, Las Vegas Luxury High rise condos, Las Vegas Strip Properties, las vegas real estate, luxury high rise condos, vertical las vegas }
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Check out what the mainstream media has been covering about the Las Vegas High Rise Condo market from the beginning of this year to date. The mainstream media likes to discuss the negative side of things more than the positive, how do you feel about the coverage the Las Vegas High Rise Condo market has received? Hope you enjoy and feel free to comment or e-mail me turnercbw@yahoo.com. CLICK HERE to view videos

DownTown Las Vegas (Are you ready ?)

{ July 2, 2008 @ 1:08 am } · { Uncategorized }
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Many of you may not be aware of whats taking place Downtown Las Vegas. There are many projects planned and underway that will add to our ever changing Sky line. Down Town Las Vegas is going through a huge revitalization process which will add more High/Mid rise condos,Fine dinning,shopping, Medical District, Jewelry Center and more. Over the last 5 years land prices have quadrupled down town and with New High End Loft Style residential offerings you can expect to see prices go much Higher in the coming years. Check out todays podcast at www.LetsTalkLasVegasHighRiseCondos.com to listen to todays show. I discussed more in detail about Down Town Las Vegas and some of the opportunities that are currently available. CLICK HERE to view some of the best deals available at Newport Lofts these condos are priced way below builder pricing and what they were originally purchased for. If you would like Information on other condos available Down Town or any where else in the Valley visit www.MakeaTurnercbw.com

Check out this video tour of Newport Lofts CLICK HERE