Enough is Enough - The last I checked, the amenities at Panorama Towers and Turnberry Towers looked operational. Las Vegas real estate market Update - May 2008
Posted by Luxury Realty Group - May 8th, 2008
The national press is searching for horror stories about the Las Vegas high-rise luxury condo market. Recently, I received a call from a journalist looking for information on how horrible it had become to live in high-rise condominium properties such as Panorama Towers and Turnberry Towers. The journalist wanted to talk to owners who were going through foreclosures, seeking stories about how their quality of living has been impacted, trying to see if the buildings amenities had been compromised. But is it the press’ fault that they view things this way?Station Casinos announces plans for a possible $10-billion mega-resort west of the Las Vegas Strip
Posted by Luxury Realty Group - April 26th, 2008
Station Casinos has announced plans to build a $10-billion development just west of the Las Vegas Strip. The project (for now) is being called Viva, and is expected to consist of several casinos, hotels, and possible Las Vegas high-rise condominiums. We have included the first rendering and a map of the location.Panorama Towers - Las Vegas Resale MLS inventory Update (April 18th, 2008)
Posted by Luxury Realty Group - April 19th, 2008
Panorama Towers in Las Vegas currently has 106 listings for sale, many priced below 500k. This Las Vegas high-rise condo project offers competitive price-per-square-foot opportunities when compared to prime-location properties on the Las Vegas Strip. Just how low?High-Rise Condo Inventory Update - Latest MLS resale listings in Panorama Towers Las Vegas
Posted by Luxury Realty Group - April 13th, 2008
As everyone knows, the overall U.S. economy is going through enormous challenge. While nobody denies times are tough in the Las Vegas real estate market, the facts behind why it’s so tough to build luxury high-rise condominium towers (on or near the Strip) get misconstrued. As of April 2008, Sky Las Vegas is the only high-rise condo tower on the Strip. However, for today’s inventory update, we are taking a look at resales condos in Panorama Towers.Trump Hotel lobby vs. Palms Place lobby (Includes Photos and latest MLS resale listing inventory)
Posted by Luxury Realty Group - March 26th, 2008
Two new Las Vegas high-rise condominium projects have opened, Trump Las Vegas (sophisticated luxury) and Palms Place (edgy cool). These are not residential condo developments such as The Harmon Hotel, Spa & Residences, Veer Towers, Turnberry Place, Sky Las Vegas, or Mandarin Oriental. These are full blown condotel properties, a product which has suffered due to the challenged mortgage industry. Regardless, the projects (combined) add roughly $2 billion worth of new luxury hotels to the city. Inside we compare their lobbies and see some resale inventory off of the MLS.That new Las Vegas high-rise condo smell - Part 2 of 2 - Trump Tower (MLS Inventory Update and Pictures)
Posted by Luxury Realty Group - March 19th, 2008
Hey economy! Just like I said in part one of this series, everyone is fed up with your negativity. While we’re aware that you’re not ready to stop your moaning, there was nothing you could do to stop the openings of Trump International Hotel and Tower and Palms Place. Costing nearly $2 billion in total, and after a two year wait to peak a glimpse inside, we’re going to savor the excitement of adding these buildings to Las Vegas’ collection.FEB 2008 Update- Latest resale inventory and pricing in Signature at MGM Grand and Sky Las Vegas.
Posted by Luxury Realty Group - February 26th, 2008
Studio units at Signature have dropped as low as $345,000. This is fairly surprising given the successful sales of the Vdara Condo Hotel project at MGM MIRAGE CityCenter. Then again, CityCenter is an $8+ billion mega-resort development. Regardless, 345k at Signature should get the attention of buyers. Sky Las Vegas (the only high-rise condominium tower on the Strip), currently has 70 listings on the market, with one bedrooms as low as $365,000.*FEB 2008 UPDATE* MGM MIRAGE CityCenter Penthouse Inventory
Posted by Luxury Realty Group - February 25th, 2008
While some good location penthouse inventory remains, many of the prime location penthouses at MGM MIRAGE CityCenter have sold or have been taken off the market for Dubai World clients. With the Dubai sales office opening in Spring 2008, there is a U.S. focus on remaining penthouse product in Veer Towers, Mandarin Oriental, and The Harmon.VEER Towers Sales Started - Want the latest buzz? Read it here.
Posted by Luxury Realty Group - May 2nd, 2007
As of April 2007 sales have begun for the VEER Towers at CityCenter. With 18 appointments a day, units are being converted from reservation to hard contract. Right now the sales process is in the “Family and Friends” status with VIP Realtor clients converting in the coming weeks. Lets take a closer look at the number of condominiums per tower and some other factors.