Wednesday, May 31st, 2006
Speculation over the viability of the celebrity-backed mega-project, Las Ramblas has ended. The Business Press is reporting that the ambitious $3 billion hotel-condo-casino complex is all but dead. Developers appear to be in talks to sell the project’s real estate for an unspecified price. While not confirmed, one likely buyer may be The Edge Group. [...]
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Tuesday, May 30th, 2006
While the Las Vegas gaming industry has seen a few major buyouts such as the Aztar Corp. and the Hard Rock Cafe in the past few months, a few other investors are pulling back. For them, the market price has become too rich for their blood. Reuters is reporting that at least two companies, Trump [...]
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Monday, May 29th, 2006
PropertyLine – Commercial Listing Resource web went through the major update in the recent weeks. I just cannot say I am happy with the way how it turned out. There is much more information and links on each page. It is harder to navigate and use. When going to homepage I have to look at [...]
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Saturday, May 27th, 2006
I am constantly watching commercial real estate market especially office buildings. The main reason is that I am looking for great investment deals. I did all my purchases in Las Vegas, NV, because it is the place where my company is located, but sometimes I feel there might be great opportunities nationwide. It is just [...]
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Saturday, May 27th, 2006
The tenant leases the grounds and builds on the property. Typically, with a land or ground lease, all improvements on the property, including any building or buildings revert back to the landowner at the end of the lease period. There are numerous variations on common lease forms. For example a lease may cover both office [...]
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