The Sullivan Square high rise condo project in the southwest part of town continues to do just about everything right. In a move I'm amazed more high rise developers don't do, they just announced the launch of their monthly E-newsletter, designed to provide you with monthly updates on their construction progress, market housing statistics, sales activities and event information.
And I must say it's extremely well done. Have a look at it here >>>
Then, contact me about an amazing unit I have for you at this development. Las Vegas locals (or LV local-wannabees) only on this one!
Monday, February 26, 2007
Tuesday, February 20, 2007
Preconstruction High Rise Condo Investment Options
So here's the dilemma: you've all heard about how much money people are making buying preconstruction high rise condos, watching their units appreciate during buildout, and parlaying that money into another preconstruction deal thereby multiplying profits exponentially. BUT, not everyone has the available cash to get in on these properties due to downpayment requirements. Plus, in most cases (and just about every case in Las Vegas), you're REQUIRED to close on the deal, which requires - of course - more money.
The small time investor often gets shut out of the picture, watching the rich get richer and saying things like "If only I had the money to get into that project, I'd make a fortune". Or "it takes money to make money". We'll I'm here to tell you that you CAN invest in preconstruction in a manner that's not only affordable to the small time investor, but in many cases with actually LESS RISK than the big-time players.
How? By using syndicate groups. Investment syndicates bring plenty of negotiating power to the table when they sit down with high rise condo developers, and trust me - the advantages for the syndicate are huge. Many clients are doing extremely well investing in these projects while they laugh at the purchasers of Trump and Cosmo and the other Las Vegas high rise condo projects with large price tags.
I need your name, email address, and contact phone number and we'll do a conference call with the leader of such a group and you can decide for yourself whether investing in preconstruction in this manner is right for you. No pressure, no salesmanship, just plain old facts with no obligation whatsoever.
Stop watching on the sidelines. Get in the game! - the safe and easy way.
The small time investor often gets shut out of the picture, watching the rich get richer and saying things like "If only I had the money to get into that project, I'd make a fortune". Or "it takes money to make money". We'll I'm here to tell you that you CAN invest in preconstruction in a manner that's not only affordable to the small time investor, but in many cases with actually LESS RISK than the big-time players.
How? By using syndicate groups. Investment syndicates bring plenty of negotiating power to the table when they sit down with high rise condo developers, and trust me - the advantages for the syndicate are huge. Many clients are doing extremely well investing in these projects while they laugh at the purchasers of Trump and Cosmo and the other Las Vegas high rise condo projects with large price tags.
I need your name, email address, and contact phone number and we'll do a conference call with the leader of such a group and you can decide for yourself whether investing in preconstruction in this manner is right for you. No pressure, no salesmanship, just plain old facts with no obligation whatsoever.
Stop watching on the sidelines. Get in the game! - the safe and easy way.
Thursday, February 15, 2007
More Good News for Downtown Las Vegas High Rise Condos
Union Park - Remember the name. This $6 billion dollar development will soon be breathing new life into the downtown Las Vegas area, and when the 61-acre development is complete, it'll only make downtown Las Vegas high rise condos more attractive.
Just as Project CityCenter is transforming the Las Vegas Strip, Union Park - which is expected to be built out completely by 2012 - will be the project that'll reshape Las Vegas' downtown with a $250 million dollar performing arts center, the World Jewelry Center, a medical research center, 50-story towers, and storefront shops.
This is a high profile project with a very high likelihood of success. With so many people calling me or emailing me with comments such as "Las Vegas high rises are so expensive" and "are there any good deals out there on condo projects", I will reiterate that downtown is where the deals are at. Buy your high rise now and watch as projects such as Union Park not only rise from the ground, but raise your condo's worth right along with it.
In fact, in my opinion, the very best condo deal in Vegas is located downtown. (want to know what it is?) When Union Park's complete, I'd be amazed if EVERY unit in this project wasn't Turnberry Towers like in price. Just read the papers and keep up with the news: It's becoming clearer and clearer that as time goes by, Downtown Las Vegas is becoming less and less of a risk.
Just as Project CityCenter is transforming the Las Vegas Strip, Union Park - which is expected to be built out completely by 2012 - will be the project that'll reshape Las Vegas' downtown with a $250 million dollar performing arts center, the World Jewelry Center, a medical research center, 50-story towers, and storefront shops.
This is a high profile project with a very high likelihood of success. With so many people calling me or emailing me with comments such as "Las Vegas high rises are so expensive" and "are there any good deals out there on condo projects", I will reiterate that downtown is where the deals are at. Buy your high rise now and watch as projects such as Union Park not only rise from the ground, but raise your condo's worth right along with it.
In fact, in my opinion, the very best condo deal in Vegas is located downtown. (want to know what it is?) When Union Park's complete, I'd be amazed if EVERY unit in this project wasn't Turnberry Towers like in price. Just read the papers and keep up with the news: It's becoming clearer and clearer that as time goes by, Downtown Las Vegas is becoming less and less of a risk.
Wednesday, February 07, 2007
Can Las Vegas Demand Absorb High Rise Condo Project Supply?
That's the $64,000 (and more) question. While doomsayers predict the worst for the Las Vegas high rise condo marketplace, one must only point to the unique nature of Las Vegas to realize the city is completely isolated from national trends.
Here's fact number one: More and more companies are coming to Las Vegas for their trade shows and corporate shindigs. Convention Center halls are booked months in advance with no slowdown in sight. And that will NEVER change - Vegas is becoming a town more reliant on business and entertainment than it is on gambling. Hard to believe, but it's true.
Fact number two: The average price per acre of land that sold in the Las Vegas area actually rose 25 percent in 2006. What's with all this talk about plummetting land values? Is the nationwide "housing bubble" Las Vegas' version of Y2K, when everyone feared disaster thanks to the media's overblown coverage of a non-issue?
Fact number three: According to Metrostudy's Las Vegas division, Las Vegas added 45,900 jobs in 2006 with growth in high paying sectors. Metrostudy said it expects the Las Vegas market "to remain highly competitive for the foreseeable future as consumers have many options when it comes to purchasing a home".
And finally comes today's article in the Las Vegas Review Journal by Ben Spillman which states that passenger traffic at Las Vegas's McCarran Airport rose to a record 46.2 million in 2006. Sounds to me like a lot of people are making Las Vegas their destination of choice.
If only half of a tenth of one percent of that traffic decided to purchase a high rise condo here in Las Vegas, there wouldn't be any inventory left! I can't stress this enough: if you want a solid investment in a Las Vegas high rise condo right on the strip, there is no better opportunity right now than MGM Mirage's Project CityCenter - and right now all you need is $10,000 to reserve a unit... And it's completely refundable if you decide not to move forward for any reason whatsoever. Where else can you tie up perhaps the most prestigious real estate in the country for such a low outlay? Vegas is waiting for you - and the 46 million people that visit our city each year!
Here's fact number one: More and more companies are coming to Las Vegas for their trade shows and corporate shindigs. Convention Center halls are booked months in advance with no slowdown in sight. And that will NEVER change - Vegas is becoming a town more reliant on business and entertainment than it is on gambling. Hard to believe, but it's true.
Fact number two: The average price per acre of land that sold in the Las Vegas area actually rose 25 percent in 2006. What's with all this talk about plummetting land values? Is the nationwide "housing bubble" Las Vegas' version of Y2K, when everyone feared disaster thanks to the media's overblown coverage of a non-issue?
Fact number three: According to Metrostudy's Las Vegas division, Las Vegas added 45,900 jobs in 2006 with growth in high paying sectors. Metrostudy said it expects the Las Vegas market "to remain highly competitive for the foreseeable future as consumers have many options when it comes to purchasing a home".
And finally comes today's article in the Las Vegas Review Journal by Ben Spillman which states that passenger traffic at Las Vegas's McCarran Airport rose to a record 46.2 million in 2006. Sounds to me like a lot of people are making Las Vegas their destination of choice.
If only half of a tenth of one percent of that traffic decided to purchase a high rise condo here in Las Vegas, there wouldn't be any inventory left! I can't stress this enough: if you want a solid investment in a Las Vegas high rise condo right on the strip, there is no better opportunity right now than MGM Mirage's Project CityCenter - and right now all you need is $10,000 to reserve a unit... And it's completely refundable if you decide not to move forward for any reason whatsoever. Where else can you tie up perhaps the most prestigious real estate in the country for such a low outlay? Vegas is waiting for you - and the 46 million people that visit our city each year!
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