Archive for the 'High Rise Condos' Category
German RTL TV Network Features Luxury Realty Group
Posted by Bruce Hiatt - June 11th, 2008
The national German television network, RTL, recently selected Luxury Realty Group to be the only Las Vegas luxury real estate brokerage featured as part of its Lifestyles of the Rich and Famous in Las Vegas program.Penthouse Las Vegas Luxury High-Rise Condo, Under $800 a Sq. Ft.
Posted by - June 6th, 2008
A 45th floor Penthouse condo atop Turnberry Towers in Las Vegas is on the market for $1.299 million, or under $800 a sq. ft. The unit has 3 bedrooms, 2.5 baths and a huge view deck offering some of the best Strip views available in the Resort Corridor. Luxury Realty Group is the listing brokerage. Check out the views from this luxury Penthouse.The REAL inventory numbers for Las Vegas high-rise condominiums currently under construction.
Posted by Luxury Realty Group - June 5th, 2008
While more statistical reporting firms continue to provide erroneous Las Vegas high-rise condo market statistics to the media; Luxury Realty Group provides the facts. In June 2008, it was reported that over 12,000 high-rise condos were under construction, a false number by a long shot. It’s a shame these types of mistakes keep happening. For those who want a true picture of the REAL numbers, we have provided them inside this blog. Oh, and a helpful tidbit to local stat firms - timeshares, wood-framed mid-rises, and condo conversions don’t count as high-rise condominium.Las Vegas Fontainebleau Overwhelms the Strip
Posted by Bruce Hiatt - June 5th, 2008
It’s one thing looking at Fontainebleau from Sky Las Vegas, the only luxury high-rise condo on the Strip in the Resort corridor at this time. From that viewpoint you only see Fontainebleau’s end angle making it feel like a boutique hotel and casino with an interesting geometric design. However, it’s quite another seeing Fontainebleau when driving North along the Strip as it truly overwhelms the Strip.Red Carpet rolled out for Palms Place Grand Opening Party in Las Vegas.
Posted by Luxury Realty Group - June 1st, 2008
George Maloof threw yet another succesful party last night for the Grand Opening of his Palms Place Las Vegas condo and hotel project. As usual, the red carpet rolled out while celebrities came to celebrate. Palms Place is a 599-unit luxury condotel property, meaning unit owners have the option to throw their condominium property into an owners rental program. Units are delivered turn-key, fully furnished. Real Estate Investment? As of late, tightening mortgage industry guidelines have made it difficult for would-be buyers to obtain condotel property financing. Many celebrities and professional athletes are rumoured to have paid cash for their studio, one bedroom, and penthouse floor plans at Palms Place. The news media has had a field day telling the world about the challenged Las Vegas real estate market when in reality, several great things are happening such as the exciting construction progress and record sales at the approx. $9.2-billion MGM’s CityCenter on the Las Vegas Strip. The media was reluctant to share the top-three residential price-per-square-foot records that were recently set when several penthouses sold at The Harmon Hotel, Spa & Residences. See renderings and learn more about the Palms Place Grand Opening in Las Vegas Here About Aaron Auxier Aaron Auxier has earned the nickname “Hollywood’s Connection to Vegas” because of his Los Angeles entertainment background and Las Vegas connections. He is responsible for selling some of the most glamorous penthouse and luxury high-rise condominium properties in the history of Las Vegas. Aaron Auxier can be reached at 702-456-7080 x201 Copyright © 2008 Luxury Realty Group. All Rights Reserved. Disclaimer: All information in this post is subject to change without notice. Subject matter is not guaranteed and is often considered time-sensitive.Are “Smear Campaigns” and “News Framing” tactics harming the real estate industry?
Posted by Luxury Realty Group - May 30th, 2008
News Framing is a strategy used in journalism. It’s the art of filtering news into an angle or frame, a strategy that is meant to guide audiences into perceiving something a certain way. Today, News Framing is most obvious in the United States’ current: real estate market, economy, war, and presidential race. But what the heck does Spiderman have to do with how the media is handling the current Las Vegas real estate market?Luxury Real Estate Flippers Are Back in Las Vegas
Posted by Bruce Hiatt - May 29th, 2008
Next time you read an article or see a news broadcast about falling Las Vegas luxury real estate prices, ask yourself if the replacement cost for such luxury real estate is still a valid component of real estate pricing. Have luxury real estate flippers already discovered this interesting paradox? Looks like it.$3 Billion Fontainebleau Resort tops off its Convention Center; Colorful Facade to Follow
Posted by - May 28th, 2008
At 25 stories, the convention center at the Fontainebleau Resort is quite an imposing structure. Next door, residents of the 800 unit Turnberry Place condominium complex anxiously await the final product that will reside just west of the luxury enclave.