Condo News Blogs & Blog Posts
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Latest Blog Posts on condo news
- Local agents sue Cosmopolitan Owner by Las Vegas Condos Blog on Sep 21, 2009
It seems that the Las Vegas real estate market is rapidly becoming a serial soap opera. The local courts have been kept very busy with lawsuits. Earlier this year it was Fontainebleau suing over financing along with CityCenter, then CityCenter was be...
- CityCenter cuts condo prices by Las Vegas Condos Blog on Aug 7, 2009
Earlier this year CityCenter was facing a revolt from its contract buyers demanding price reductions on their units. A small group of buyers went so far as to obtain an attorney to try to get out of their contracts because the contract price was no l...
- Early Buyers Cry Foul at CityCenter by Las Vegas Condos Blog on Jul 10, 2009
Recently a lot of local and national press have been focused on a small group of buyers at CityCenter. Some early condo buyers are demanding significant price reductions….despite signing a contract. Now, I’m not taking sides. I had agreed...
- Yet Another Lawsuit by Las Vegas Condos Blog on Jun 10, 2009
The courts have been kept quite busy since the real estate bubble burst. If you surf the web, it seems that everyone was predicting that the housing market crash. One of the things that people tend to forget is that there is no guarantee that any pro...
- Condo Projects Battling it Out by Las Vegas Condos Blog on May 13, 2009
One thing is for certain, the courts have been kept busy by developers. In an interesting turn, the owners of Fontainebleau are accusing their lender, Deutsche Bank of trying to destroy their project in order to protect their own condo project. Deuts...
- Banks Taking Over High Rise Projects by Las Vegas Condos Blog on May 1, 2009
Over the past 18 months, several high rise projects have gone back to the banks financing them. Newport Lofts, the Cosmopolitan, Turnberry Towers and Mira Villa have all been taken over by the banks due to bankruptcy. Two more projects can be added t...
- MGM Still Scrambling to Save CityCenter by Las Vegas Condos Blog on Apr 20, 2009
It seem that project CityCenter has been plagued by problems. Several construction deaths and costly mistakes and now the problem with Dubai World not honoring its financial commitments could spell the end for the project….at least as far as MG...
