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. SHARETHIS.addEntry({ title: "Red Carpet rolled out for Palms Place Grand Opening Party in Las Vegas.", url: "http://www.lasvegashighriseblog.com/maloof-throws-party-for-palms-place/" });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? SHARETHIS.addEntry({ title: "Are “Smear Campaigns” and “News Framing” tactics harming the real estate industry?", url: "http://www.lasvegashighriseblog.com/smear-campaigns-news-framing-las-vegas-real-estate/" });The launch of Aaron Auxier’s LasVegasStripDaily.com.
Posted by Luxury Realty Group - May 23rd, 2008
March 23rd, 2008 marked the official launch of a ritzy new blog catered to help readers learn more about the Las Vegas Strip. Aaron Auxier’s LasVegasStripDaily.com provides quick, daily updates and photos of development, entertainment, restaurants, and luxury real estate on the Las Vegas Strip. The new website is the 2nd phase of a multi-tier system being created by Luxury Realty Group, a boutique luxury real estate brokerage in Las Vegas, Nevada. SHARETHIS.addEntry({ title: "The launch of Aaron Auxier’s LasVegasStripDaily.com.", url: "http://www.lasvegashighriseblog.com/aaron-auxier-las-vegas-strip-daily/" });The Las Vegas Strip welcomes its newest hotel - ARIA Resort & Casino!
Posted by Luxury Realty Group - May 17th, 2008
The Las Vegas Strip is approx. a year and a half away from adding one of the world’s finest hotels to its roster - and its name is ARIA Resort & Casino. On Monday, May 19th 2008, MGM is expected to make an announcement that the 61-story center attraction of its approx. $9.2-billion mega-resort CityCenter development has been named. SHARETHIS.addEntry({ title: "The Las Vegas Strip welcomes its newest hotel - ARIA Resort & Casino!", url: "http://www.lasvegashighriseblog.com/aria-resort-casino-las-vegas/" });MGM’s CityCenter now to cost over $9 Billion - When will reality set in?
Posted by Luxury Realty Group - May 16th, 2008
Just as most experts agreed, the cost to build luxury condominiums on the Las Vegas Strip would have to increase because of land prices and construction costs, putting that much more emphasis on prime-location properties. Case and point? What was once thought to be a $6 billion or so development, MGM recently announced that the total cost to build its CityCenter project has now increased to over $9 billion. SHARETHIS.addEntry({ title: "MGM’s CityCenter now to cost over $9 Billion - When will reality set in?", url: "http://www.lasvegashighriseblog.com/vegas-mgm-mirage-citycenter-cost-increase/" });Cirque du Soleil performance? Nope - construction at MGM MIRAGE CityCenter in Las Vegas
Posted by Luxury Realty Group - May 13th, 2008
Something magical is happening on the Las Vegas Strip. The construction site of the approx. $9.2-billion MGM MIRAGE CityCenter in Las Vegas is becoming an organic piece of evolving art. Twisted steel and skillfully-colored glass come together to form a painting of architectural genius. In these latest May 2008 photos of the site, construction workers gracefully perform - much like one would expect to witness when attending the latest Cirque du Soleil show. SHARETHIS.addEntry({ title: "Cirque du Soleil performance? Nope - construction at MGM MIRAGE CityCenter in Las Vegas", url: "http://www.lasvegashighriseblog.com/cirque-du-soleil-mgm-mirage-citycenter-construction/" });First glass getting installed on The Harmon Hotel, Spa & Residences at MGM MIRAGE CityCenter on the Las Vegas Strip
Posted by Luxury Realty Group - May 13th, 2008
With construction crews from the Perini Building Company working feverishly, the first glass has been installed on The Harmon Hotel, Spa & Residences at MGM MIRAGE CityCenter on the Las Vegas Strip. This in addition to glass also now being installed on Veer Towers. This blog will be the first in a series outlining the latest construction strides taking place at MGM MIRAGE’s $8.4 billion eco-friendly mega-resort. SHARETHIS.addEntry({ title: "First glass getting installed on The Harmon Hotel, Spa & Residences at MGM MIRAGE CityCenter on the Las Vegas Strip", url: "http://www.lasvegashighriseblog.com/the-harmon-hotel-spa-residences-las-vegas-strip-glass/" });Would it get reported if the three lowest price-per-square-foot sales in Las Vegas history happened? Then why didn’t the top three get reported?
Posted by Luxury Realty Group - May 12th, 2008
You can’t blame the national press for continuing to search for bad stories about the Las Vegas real estate market. Think about, everyone knows that the United States is going through a challenged economy, an election year, and a nationwide real estate and mortgage liquidity meltdown. Then you have Las Vegas real estate agents (including myself) saying that there is more to the story…and there is. The problem, however, is that over the past two years, negative stories have taken precedence. It’s just a fact of life that we all have to accept and get used to…the hot story is on negativity. SHARETHIS.addEntry({ title: "Would it get reported if the three lowest price-per-square-foot sales in Las Vegas history happened? Then why didn’t the top three get reported?", url: "http://www.lasvegashighriseblog.com/las-vegas-strip-news-reporting-real-estate/" });Palazzo Resort Hotel Casino named largest LEED-certified project in the world. Will the Palazzo Luxury Condos be “green” like condominium properties at CityCenter?
Posted by Luxury Realty Group - May 9th, 2008
Recently, it was announced that Sands Corp.’s Palazzo Resort Hotel Casino on the Las Vegas Strip had been awarded Silver LEED Certification by the U.S. Green Building Council. According to GlobeSt.com, the USGBC named the approx. 3,000 room, multi-billion-dollar resort, the largest LEED-certified building in the world (saying it was four times larger than any other “green” project in the world). Will the Palazzo Luxury Condo project (Get on our Interest List) under construction on the Las Vegas Strip feature “green” condos like those being offered at MGM MIRAGE CityCenter? SHARETHIS.addEntry({ title: "Palazzo Resort Hotel Casino named largest LEED-certified project in the world. Will the Palazzo Luxury Condos be “green” like condominium properties at CityCenter?", url: "http://www.lasvegashighriseblog.com/palazzo-resort-hotel-casino-las-vegas-strip-leed-certified/" });Tiffany announces new store at The Crystals at MGM MIRAGE CityCenter on the Las Vegas Strip
Posted by Luxury Realty Group - May 8th, 2008
Located directly on the Las Vegas Strip and with an estimated opening in 2009, the $8.4 billion MGM MIRAGE CityCenter is expected to set a new level of standard when it comes to mega-resort construction, architecture, and amenity. From spectacular high-rise real estate offerings such as The Harmon Hotel, Spa & Residences, Vdara Condo Hotel, Veer Towers, and The Residences at Mandarin Oriential to an approx. 500,000 square foot retail and entertainment district called The Crystals, CityCenter has reached global appeal. And now, luxury jeweler Tiffany and Co. has announced it will appear at The Crystals. SHARETHIS.addEntry({ title: "Tiffany announces new store at The Crystals at MGM MIRAGE CityCenter on the Las Vegas Strip", url: "http://www.lasvegashighriseblog.com/tiffany-co-mgm-mirage-citycenter-las-vegas-strip/" });