Okay, a quick show of hands: how many people have ever heard of Diamond Bay Investments? That's what I thought... not many.
But check this blog entry in about a year because Diamond Bay has just arranged $7 million in financing to purchase five acres of land on West Desert Inn Road.
Guess what they have in mind? That's right - retail, office space, and high rise condominum units. Obviously there's no specifics yet, but I'll bet you'll hear rumblings from this group very soon. And when you search my blog article archieve, you can tell yourself you read about it here first.
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