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Archive for March, 2006

LV Awards Land to Habitat for Humanity

Friday, March 24th, 2006

The City of LV has awarded 7 building lots to Habitat for Humanity. The Habitat plans to build 7 single family homes on the site at Lake Mead and Losee. Families are required to assist in the construction of their homes with at least 250 hours of volunteer labor from each […]

Stoltz Real Estate Acquires New Real Estate Portfolio

Friday, March 24th, 2006

In a joint venture with GoldenTree InSite Partners, Stoltz Real Estate has agreed to acquire a portfolio of office/flex buildings and land parcels they intend to develop in Las Vegas. The joint venture plans to invest about $200 million.
The portfolio will comprise of nine buildings containing approximately 600,000 square feet. Part of […]

$50M Makeover for Shops in Dessert Passage

Thursday, March 23rd, 2006

Desert Passage is getting a much needed makeover. The goal of this $50M facelift is to compliment the adjoining Aladdin Hotel & Casino’s conversion to the Planet Hollywood brand.
Planned enhancements include new flooring, brighter interior lighting, new storefronts and a completely new interior look. Other enhancements include a backlit sidewalk water […]

Start Your Engines

Wednesday, March 22nd, 2006

Developer Mark Fleming announced plans for a new $2 billion race car-themed hotel-casino-condominium complex called The Extreme Cars and Stars Hotel Casino. The new complex will be located in the town of Beatty, 120 miles north of Las Vegas and will contain four 27-story towers containing approx. 2,592 condos, timeshares, and hotel rooms.
Additionally, the […]

Is a Tenant Bill of Rights the Answer?

Monday, March 20th, 2006

Recent media attention on the state of some decrepit apartment properties has rightly raised the concerns of many officials. The current proposed solutions, ranging from mandatory inspections to a residents’ bill of rights, have the potential of negatively impacting all apartment owners and other industry professionals. Additionally, these proposed solutions appear to be […]