What? You can win in Vegas? YES!!! Like when you catch a cold, you need to get worse before you get better - the same can be applied to the real estate market. It is sick, in general, but if you buy in the right area at the right time, you may be buying at a time when the market is healing itself. Too many metaphors? Let me explain...buy now when the market is low so that you can get equity in your home and you can afford a mortgage payment. Las Vegas condos are just beginning to get better. Echelon at Centennial Hills is the perfect example. This condo development is nothing short of amazing! With units starting in the $300s, owning here is a no-brainer. Units start at 1064 SF so you will have plenty of bang for your buck! This development is a mid-rise development but these Las Vegas condos for sale will blow your hair back. Equipped with walk in closets, gourment kitchen layouts, and computer alcoves, units here are not only spacious but the developer goes the extra mile to make sure that your living experience will be stress-free and enjoyable. You are sure to win if you purchase at Echelon - in fact, I would double down and buy 2 units! The market is going to turn around and when it does, you will be in the black and stoked on life!
What? You can win in Vegas? YES!!! Like when you catch a cold, you need to get worse before you get better - the same can be applied to the real estate market. It is sick, in general, but if you buy in the right area at the right time, you may be buying at a time when the market is healing itself. Too many metaphors? Let me explain...buy now when the market is low so that you can get equity in your home and you can afford a mortgage payment. Las Vegas condos are just beginning to get better. Echelon at Centennial Hills is the perfect example. This condo development is nothing short of amazing! With units starting in the $300s, owning here is a no-brainer. Units start at 1064 SF so you will have plenty of bang for your buck! This development is a mid-rise development but these Las Vegas condos for sale will blow your hair back. Equipped with walk in closets, gourment kitchen layouts, and computer alcoves, units here are not only spacious but the developer goes the extra mile to make sure that your living experience will be stress-free and enjoyable. You are sure to win if you purchase at Echelon - in fact, I would double down and buy 2 units! The market is going to turn around and when it does, you will be in the black and stoked on life! Forclosure Bus Tours in Vegas – Save Money on Gas and your Next HomeWith the current slowdown of overall economic activity every penny counts. If you are a penny counter and on the market for a new home, you probably don’t want to spend a lot of money on rising gas prices trucking around to check out a bunch of las vegas condos accross the city. Well, one clever real estate agent in Las Vegas has come up with a solution for connecting penny pinchers with new homes. She bought a bus and gives tours of REO and forclosed condos, townhomes, and single family homes. Genius, Genius, Genius! Not only do the passengers who ride the bus get speed tours of forclosed properties selling for well below market value – they are also saving precious pennies they would have otherwise had to spend on gas to get to there on their. The bus seats twenty four eager new homebuyers and shuttles them all over town — North Las Vegas, Hendersen, Green Valley, and Sun City Anthem to name a few. I bet that the current residents in these neighborhoods just LOVE watching the forclosure bus roll through their streets showcasing condos to investors for up to 50% less than what they may have paid for their own home only a year or two ago. Oh well, Buy low sell high. I just returned from a quick trip out to Las Vegas to meet with some clients and tour a few developments. Of course, the sales for Las Vegas condos have slowed a bit like in every other market, but as we all know...Las vegas is a completely different world! Las Vegas will continue to grow and attract people from all over the world. The enertainment industry will not slow down in this city and will continue to fuel job growth as will ongoing new construction of condos, homes and commercial buildings. Local real estate expert and Senior VP of Investor Relations from Coldwell Banker, Shanda Sumpter, took us around to meet with developers from South Strip developments such as Loft 5 and One Las Vegas. When you're there, the South Strip area doesn't look like much...but what you do see with just a little bit of "vision" is opportunity. If you look at the city plans for the South Strip you will see many new Las vegas condos going up, new resorts, new entertainment centers, and so much more. Shanda also mentioned that Las Vegas will be experiencing a housing shortage believe it or not on the coming years. Much of this goes back to simple supply and demand. With about 50% of the planned condo developments in Las Vegas cancelled, the city is not seeing the large flood of inventory that we thought would happen. We will however continue to see more people moving to Las Vegas at a steady pace, so when we come out of this glut, there will be more people and fewer Las Vegas condos available. There are some amazing deals on condos popping up in Las Vegas. During the condo boom out there, thousands of people put money down and signed reservation agreements. Now that the market is a bit softer out there, not everyone wants to follow through with their reservation and some people have even given up their initial deposits. This leaves the developers in a sticky situation because they thought they had the Las Vegas Condos sold and now they need to find another buyer. Usually they need to find another buy quickly in order to move forward with the condo project and go to the next phase on their construction loan. I am personally going to explore some of these Las Vegas condo opportunities next week. Besides some great investment opportunities, it is always great to have an excuse to go to Las Vegas. There still are some high end projects doing very well such as City Center and Cosmopolitan, but some of the smaller ones are struggling with the market. A lot of investors called vulture investors are going into the Las Vegas condo market right now to pick up some amazing deals. If you can pick up a unit for a significant discount and rent it out for a few years until the market stabilizes, you can find yourself making a nice profit when you sell in a few years. I am looking at three different condo projects in Las Vegas next week, so I will update the blog when I return about any possible condo deals out there right now. Las Vegas is a much different market than any other in the country. Though it is in the center of the desert, the city has managed to become a global brand attracting visitors, home builders, residents, media, entertainment of all kinds, and both domestic and foreign investment. Las Vegas condos have been a hot commodity for second home buyers, investors and local residents for many years now. Some of the largest mixed use resort, hotel, and condo developments in the world are currently under construction. Unfortunately, Las Vegas has fallen victim to the downturn on the housing market and has even been hit harder than other cities. Any city that attracts so much speculation and investors looking to turn a quick profit will come under greater pressure when the market slows. The same thing happened in Miami. And like Miami, Las Vegas is and will continue to be a highly sought after place to live, work, and play. So for the long run, things can only improve for Las Vegas. One of the historic buoys that has kept Las Vegas afloat during economic downturns is actually increasing new construction on the strip. New resort development has been known to pump the economy up and provide the staple items necessary for a city to survive tough times. The most important staple item being jobs! The construction of new Las Vegas condos and massive resort communities drastically increases employment opportunities first in construction, the service industry, entertainment, retail, etc. All of the job opportunities then translate into an overall population increase in the Valley further fueling the economy. I am pleased to announce that New Condos Online has resigned Sky Las Vegas as a featured listing. Sky Las Vegas has been on our site for some time but with all the new incentives we have upgraded our site with, we felt as if the Sky Las Vegas condo development could be better represented by upgrading their listing with us and including them in our monthly e-blasting service to over 300,000 opt-in subscribers. New Condos Online has also taking their listing and is featuring it on our "Hot Condos" toolbar which effectively represents the newest and hottest condos currently being advertised online. The Sky Las Vegas Condo development has been apart of the New Condos Online family for more than a year and have reaped the benefits of being an integral part of the largest and most visited condo website on the internet. We have developed a strategic partnership with the Sky Las Vegas condo developers by taking their listing and adding almost every marketing tool to get their name all over the Internet and with only 40 units left until it is sold out, we will be sad to see them go but pleased to know that we played a part in their success! As we all know Las Vegas condos have the been leading the buzz in the national housing boom and condo investment market for the past few years. New Las Vegas condos and high-rise developments have been flooding the market and still are. Many projects have been canceled due to lack of pre-sales and financing issues. Construction costs of course have played a major role in slowing things down on the construction side while fleeing investors have helped to slow things down on the buying side. There are some new condos and condo hotel projects that are actually defying the odds and outpacing other developments with their pre-sales. City Center is a perfect example of this. However, many builders and real estate companies have been leasing Las Vegas condos in many of these new developments to provide some form of income. Nights at Vegas is a local real estate and property management company that is in this situation right now. The problem for them is that they lease condos in the new Trump International Hotel and Tower. Donald Trump also owns a lease management company that leases condos in the development and earns a 50% of the rental income. Nights at Vegas earns 20% of the rental income and users the "Trump" brand for marketing and promotional efforts. Donald recently banned the firm from using the Trump brand which has completely hindered their ability to operate as it gives the appearance that they have no connection to the development. Nights at Vegas is suing Donald for $4 billion! The firm is suing based on violations of anti-trust laws and various unfair competition laws. That is quite a lofty goal! Good luck! Bugsy Siegel was a visionary. Despite his habit of mafioso type behaviour, many people revered him. However, I don't think Bugsy would believe what is happening now to the once open piece of desert land in south Nevada. Las Vegas condos are going up in huge proportions. Yes, for some, the market is at a lull and there have been projects that have not gone forward but I still cannot believe the immense Las Vegas condo developments sprouting up. I frequent Las Vegas roughly five to seven times per year and each time more construction cranes seem to be filling up the Strip. (I was just in Sin City last weekend for the consumer electronics convention and some other award show at the Mandalay Bay). I was driving down the strip on Saturday and some Las Vegas condos like Vdara (once completed) will redefine the luxury condo/hotel business. However, I began to wonder if the demand will meet the supply in the coming years. There are roughly 30,000 new rooms slated to be delivered in the next few years and with our market facing a downturn, I wonder if a trip Las Vegas will be very high on the agenda for many people. I mean, Las Vegas is a town that caters to your every vice and most of these vices require excess or disposable money. With a possible recession in the future, I doubt many people will have disposable income. Also, with the development on Macau in Asia, this takes away from many Asian tourists visiting Las Vegas. Well, Multi-Housing News announced their Deal of the Day. Two condo developments near Las Vegas in Henderson's Green Valley area were sold to an undisclosed buyer. San Diego-based Grubb & Ellis BRE Commercial worked in conjunction with Grubb & Ellis Las Vegas to facilitat the deal. So yes, this does show that many portfolio holders and condo development owners are seeking an exit strategy, but it also shows the willingness of others to enter the market at this time. The two projects were the Crossing at Green Valley and Martinique Bay Condominiums. The sale was finalized at $75.4 million! It is unclear what the new owners of these developments intend to do but my guess is that they plan to hang on to these assets for a long time and await the recovery of our beloved condo market. Another great Henderson condo development just outside the lovely Las Vegas is Vantage Lofts. This new modern 110 unit loft property has homes from $400,000! Whether its Henderson condos of Las Vegas condos, people are still buying and projects are still selling. Let's see where it goes from here. It seems that Las Vegas is still producing great new developments and builders are moving forward with projects. Although many new Las Vegas condo developments, condos hotels, and casino/condo projects did not make it out of the ground, new long anticipated developments such as The Cosmopolitan Resort and Casino are up and running. The Cosmo is the epitome of luxury resort condo hotels. Las Vegas is and always will be a great condo hotel market whether buyers are purchasing for their own needs or as an investment. The Cosmo offer almost 3,000 condo hotel suites, rooms, and penthouses and 150,000 square feet of conference and convention space. This condo hotel is a great opportunity. For long-term planning, many buyers will continue purchasing for residences or invesments, espeically now that the Fed lower the rate. This may bring some buyers off the fence becuase that is exactly what they were waiting for. Prices in Las Vegas will remain relavitvely stable and new condos are still launching with units starting in the $700's and up which is keeping values in Las Vegas high.
Everyone loves Sin City. The lights, the fun, the clubs, the shows, the food, the cab drivers, the hotel services, the vices, and yes, finally, the condos! Las Vegas Condos are prestigious and a smart investment for the long term and this is why. There are few other certainties in life besides death and taxes. A couple are the vices of drinking, and gambling. Now, where can you go where all of this is not only condoned but also celebrated? That's right, Las Vegas! As Clooney says in Ocean's Eleven, "It's America's playground." (I realize he didn't coin this but tell me another actor who can say it with such smoothness besides Cary Grant or Sinatra). This city will continue to strive no matter what the market does. Why? Because people will always go to Las Vegas for not only fun but also business conventions and the tax benefits. A condo/hotel is another smart investment in Las Vegas - rent out your unit when you're not there! If you can see the bigger picture, I would definitely recommend an investment in a Las Vegas townhome or loft. Trust me, people from all around the world go there to have fun! And what are we all striving for in life? Fun and happiness. If a certain place provides that, then it would only be natural to go there. Las Vegas provides and will continue to provide this type of fun.
"We have no doubt that the type of development should be a mixed-use development along the lines of CityCenter, although at a smaller scale," said Dan D'Arrigo, senior vice president of finance at MGM Mirage, in an interview. MGM Mirage owns 71 acres of unused land tucked between the Las Vegas-style Borgata hotel and casino - a joint venture between the company and Boyd Gaming Corp. (BYD) - and Harrah's Atlantic City. In addition, it has 14 acres of waterfront property behind the Trump Marina Hotel Casino. That land was acquired as part of the company's purchase of Mirage Resorts Inc. in 2000. D'Arrigo said the main question before the company is whether to pursue a joint venture or a solo project.
The unit sizes are impressively large for a Las Vegas Condo Project. they range from 2,413 - 7,051 sq.ft. If you want to live among the elite in Las Vegas and live in style, One Queensridge Place may just be the home for you. With 18 stories, there are units that also have up to 4 bedrooms and 5.5 baths. One Queensridge Place offers discerning buyers a superior way of life conveniently located between the glorious glow of city lights and the Red Rock peaks of the Spring Mountains. Rising 18 stories in the desert sky, One Queensridge Place incorporates more than forty floor plans, complemented by a wealth of interior finishes and options. Each residence is graced by architecture that is created as fine art. All of the exteriors, interiors, public areas, private residences and gardens appear to be the work of gifted European artisans, bringing museum-like quality to a residential environment.
The final update is that I took 7th place in the CEO Poker Tour Main event and I was the last remaining CEO in the tournament. It was a grind for 2 long days. There were actually several prominent CEO's in the tournament and we will be having a large new project in Chicago coming on next month from networking at the event. Everyone got an NCO card! I also visited several of the Las Vegas Condo projects that we represent. Overall- not a bad trip!
Well, our CEO Brandon Fishman is still in the CEO Poker Tournament in Las Vegas. A few of the NCO team went out to support him while the rest of us stayed back here on the ranch to run the show. The tournament started yesterday after noon with about 400 people and he finished this morning around 3:30 AM! There are only 30 players left to play at the final tables. The cash prize is about $165,000! Here's the catch...at the last minute the sponsors of the event felt they did not have enough players, so they opened the series to professionals who are in town for the World Series of Poker! CEOs from all over the country flew out to play poker and network with other company managers. Then they all get blindsided with the fact that pros would be playing. When the tournament started, it was about evenly divided between CEOs and professional poker players. Now, Brandon is one of only 5 CEO's left! I would imaging there were a few people who were pretty angry about buying plane tickets, hotel rooms, and spending money for the buy in only to find out they would be playing professionals! So instead of NCO battling other CEOs, its Brandon against some of the World's best players at the final tables. No pressure! Sin City is growing...at a pretty fast pace! Each time I go back to Las Vegas, I'm quite surprised at how far along construction has come along. Big plots of land that were once nothing but dirt have been erected into 4 star luxury condo/hotels and condos. These Las Vegas condos will be nothing short of spectacular. However, it really didn't hit me until I was in my hotel room. I was in Vegas this weekend and I stayed at Harrah's. After I shaved the 5 o'clock shadow, I reached for a towel and right under the towel was a little sign from the hotel that stated something along the lines of "If you do not put your towels on the floor, housekeeping will assume you will re-use them and not wash them. We are trying to conserve our water supply so we don't wish to wash any towels unnecsessarily." It was such a subtle sign but at the same time it got me thinking about where Las Vegas is headed? This oasis in the desert may one day in the near future have a serious crisis of limited water supply. And the new condo development is certainly not helping the water supply. What is going to happen? No seriously...think about it. There are over 25 projects in development just on www.newcondosonline.com. We're going to have to face this sometime and we can't simply put this off.
It is a great opporuntiy to visit some of the Las Vegas Condos that we represent on www.newcondosonline.com. I am considering purchasing a condo/hotel in Las Vegas. I recently stayed with my wife at the MGM Signature Condo Hotel and had a great overall experience. There are so many amazing Las Vegas Condos for sale right now and I have several visits planned with developers and marketing contacts at the sales center. I will also be visiting the new City Center project going up as well. If I do happen to win the event, a portion of the winnings will go to charities that NCO works with. Wish me Luck! See more Las Vegas Condos Back by popular demand from auction firms is our condo auction section on www.newcondosonline.com. The real estate market is at a time where many developers have some units left over that they need to aggressivley sell out. We are proud to announce the auction of Spinnaker Village III in Las Vegas. The auction goes through July 25th with starting bid prices from $199,000. TWENTY-TWO NEW TOWNHOMES TO BE OFFERED THROUGH AN EXCLUSIVE ONLINE BIDDING EVENT ON REALTYBID.COM. BIDDING ENDS ON JULY 25 The gated communities of Spinnaker Village combine unique and functional floor plans with a low-maintenance lifestyle. www.newcondosonline.com is the #1 condo website in the country and this is a great addition to our Las Vegas Condos page. Conveniently located in the thriving northwest section of the Las Vegas valley, these single family attached homes provide a calm and convenient community setting with the W215 Beltway and/or Highway 95, retail shopping, dining and professional services just minutes away. Nearby beautiful scenery and recreational opportunities at area parks, Mt.Charleston and Red Rock Canyon complete each Spinnaker Village lifestyle package. A brand new non-gaming hotel and mixed use condo project was just announced in Las Vegas and I wanted to share this news with our readers. Peebles to Build $2.5 Billion Las Vegas Hotel and Mixed-Use Condo Project LAS VEGAS--(BUSINESS WIRE)--Real estate mogul, entrepreneur and best-selling author R. Donahue Peebles has closed on the purchase of 13 acres of land a half mile from the Strip for the development of Las Vegas’ largest and only five-star, non-gaming hotel. The total retail value of the project will be $2.5 billion. The acquisition financing was provided by Credit Suisse, signaling the continued strength of the Las Vegas real estate market. This will be the first Las Vegas hotel and the largest real estate project in the country to be developed and owned by an African American. Located just east of the Wynn Las Vegas Golf Course on Paradise Road, Peebles’ new development calls for four 55-story glass towers consisting of 800 luxury hotel suites and 1,000 condos designed by famed architectural firm Arquitectonica. Amenities include a 40,000-square-foot destination spa, exclusive retail, restaurant with an acclaimed chef and dramatic sky lobby with infinity-edge pool 400 feet above the Strip. “As Las Vegas continues to mature as a world class luxury destination, so do its travelers. More than 50% of travelers visit Las Vegas for reasons other than gambling. Paradise Road, recognized as the new and more exclusive Strip, is becoming the spot for the sophisticated Las Vegas traveler,” explains Peebles. Here is a copy of a new press release about to go out: The Largest New Condo Website Signs Deals to Promote 5 Brand New Las Vegas Condo Projects www.newcondosonline.com is the nation’s first and largest new condo advertising website in the country. With the highest traffic in the industry, the company represents over 1200 new condo projects in the Unites States and many abroad as well. The company recently signed 5 brand new Las Vegas Condo projects to officially become the largest resource in the world for finding a new condo project in Las Vegas.www.newcondosonline.com now features 30 condo projects in Las Vegas. Five of the brand new ones include: The Verge, ManhattanWest, Promenada at Rainbow, Sullivan Square, and Paxton Walk. CEO Brandon Fishman took a recent trip to Las Vegas to check out these new projects and meet with clients. Well, I finally got the chance to spend my first night in a Condo Hotel. I am currently at The Signature Condo Hotel in Las Vegas which is really the MGM Residences. I have been very curious to see this place. My wife and I got a junior suite which is like a one bedroom condo. It is absolutely beautiful. There is even a full kitchen with a fridge and microwave which you never see in Las Vegas. Of course I checked out the fitness center and all the amenities as well. This place is very cool. Las Vegas is infamous for long cab lines at hotels. but at this place you just call downstairs and they have one waiting for you in 5 minutes. As soon as you go downstairs, the bellman gives you a free bottle of water as you leave. This place is great. There are 3 condo hotel towers here and I am staying in tower one. I am also here to play in the World Series of Poker so we will see how that goes and it starts today. If I bust out early, I plan to go check out a lot of the other Las Vegas Condos around here. It is great to see some of these projects finally getting built. More to come later. It is no secret that Las Vegas has sprouted a large amount of condo projects in the last five years. There were once over 130 new condo projects planned in Las Vegas but only about 30 of those ended up breaking ground. Most recently The W Las Vegas decided to call it quits and cancel the project. The property gave all the deposits back to buyers. This property was supposed to transform the “new strip” or the “hip strip” by the Hard Rock Hotel. Properties fail because of construction costs, lack of reservations, political reasons, and because they don’t get approved. Many of the Las Vegas Condo projects moving forward are incredible projects with a lot of promise. At www.newcondosonline.com we are proud to feature some of these amazing Las Vegas Condo projects on our website. Some of these projects include: Verge, Sullivan Square, Paxton Walk, Luxe Lofts, Manhattan West, Pinnacle Las Vegas, and more. Manhattan West is one of the brand new condos that we just brought on board.
Press Release: Many people have a dream to own a condo in Las Vegas, but most people only visit Las Vegas every couple years, so there needed to be a central place where home buyers and investors can search for their dream Las Vegas Condo. www.newcondosonline.com is now officially the largest resource in the country to find every major new condo property in Las Vegas. The San Diego based advertising company just recently signed their 30th property in Las Vegas. www.newcondosonline.com now represents major projects such as Sullivan Square, Streamline Tower, The Mercer, Juhl, Stephanie Village, Luxe Lofts, Newport Lofts, and many more. The company also ran an extremely successful campaign for The W in Las Vegas and their efforts lead to many buyer contracts. Unfortunately The W was recently cancelled and deposits were returned to buyers. The Las Vegas Review Journal reported that Paxton Walk just broke ground in Vegas. This is great news for the Las Vegas real estate market, because out of all the planned urban style communties, this is one of the first to enter construction. I was interviewed by the Las Vegas Review Journal concerning this project and here is some key points from the article: Brandon Fishman, CEO of San Diego-based www.newcondosonline.com said his firm sold a unit from their lead at Paxton Walk within the first week of advertising it. "The important thing about Paxton Walk is they're offering an urban community lifestyle that Las Vegas hasn't seen before at an affordable price," he said. "For $200,000 to $500,000, that's a much more affordable price point, especially for young people starting a family. They like to have that urban environment." If you're looking to buy condos in Las Vegas now, look no further. Come see more about this development and other Las Vegas condos here at www.newcondosonline.com.
Las Vegas has been going vertical for some time now, but many projects have fallen through. Regardless of market conditions and strict financial requirements on builders, new condos and Las Vegas high-rise condos are going up. One example of a massive undertaking in Las Vegas is Sullivan Square. We have been handling the online marketing of this project for some time now. I questioned whether it would be built, but the property if fully financed and moving forward! Here is a video about Las Vegas condos, entertainment, and great live/work/play environment. In 2008, Las Vegas will get a present from The Light Group...Spa Lofts. This community will tailor to the consumer looking for the high-end, luxurious loft in Sin City. This development will be 6 stories and units will range from 1276 SF - 1500 SF. Units will start in the low $400,000s and range up to the mid $600,000s. The amenities of this development will make your jaw drop consisting of georgeous pools and lush landscaping.
There has been much interest generated from this community so if you're looking to buy a condo or loft next year in Vegas, you should definately consider SpaLofts! Hot Las Vegas property: One Lifestyle CondominiumsApr 3 by Anonymous add comment
Learn more about One Las Vegas on www.newcondosonline.com. |

My name is Brandon Fishman, CEO of
Well, I finally got the chance to spend my first night in a Condo Hotel. I am currently at The Signature Condo Hotel in Las Vegas which is really the MGM Residences. I have been very curious to see this place. My wife and I got a junior suite which is like a one bedroom condo. It is absolutely beautiful. There is even a full kitchen with a fridge and microwave which you never see in Las Vegas. Of course I checked out the fitness center and all the amenities as well. This place is very cool. Las Vegas is infamous for long cab lines at hotels. but at this place you just call downstairs and they have one waiting for you in 5 minutes. As soon as you go downstairs, the bellman gives you a free bottle of water as you leave. This place is great. There are 3
There is a direct correlation between going to work at an Internet company and being willing to jump out of a plane two miles above the ground. stepping out of a twin-engine plane with nothing but a parachute and another person strapped to your back isn't very different from starting your own residential real estate advertising company with not much more than an idea and a few angel investors to back you up. There is obviously a considerable amount of risk involved in both of these scenarios. A little over 3 years ago, Brandon Fishman and Brent Gleeson started 
We have just added a new 




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