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Tuesday, July 31, 2007

Las Vegas SpaLofts Preconstruction Mid Rise Condo Project Announces Release of Exclusive Developer Reserve Residences

Millions of people visit Las Vegas every year. Countless thousands purchase real estate in Vegas as well. Very few, however, really live life to the fullest and take advantage of all this amazing city has to offer. VERY FEW, trust me. Well, your opportunity has arisen in the form of the SpaLofts mid-rise condo project, which just went public with their release of their exclusive developer reserve residences.

SpaLoftsOwning at SpaLofts provides a very unique lifestyle and is meant for the Vegas local who wants to truly enjoy the "work hard, play hard, and relax hard" way of life, close to the strip, but away from all the hassles. If you're into luxury Las Vegas condo living, dining first-class in upscale restaurants, and visiting the hottest nightclubs in town on a VIP basis, then you should definitely be thinking about purchasing a preconstruction condo unit at the SpaLofts development. SpaLofts is the vision of Andrew Sasson, the founder and CEO of the Light Group, which operates some of the hottest and most popular restaurants and nightclubs in Las Vegas, including Fix, Caramel and Light at the Bellagio, and Jet and Stack at the Mirage. The Light Group was also the driving force behind one of Las Vegas' first high rise projects, Panorama Towers, which by all accounts has been an incredible Las Vegas high rise condo success story.

Purchasing a unit at SpaLofts gives you automatic "Gold Member" status with the Light Group for which you get instant entry to any Light Group nightclub or lounge, preferred seating and reservations which allow you to get the best tables even on the busiest nights, Gold Concierge service where a personal guest service representative assists you with reservations and event planning, and finally the ability to make the club your own and hold your very own private event at any Light Group venue at exclusive member's savings.

If you've done the club scene in Vegas, you know how long lines can be to enter the many exclusive nighttime hot spots the Light Group operates. How cool would it be to walk right in, see those velvet ropes part for you, and get the VIP treatment where ever you go? Talk about impressive! And not just once, but EVERY TIME you go. Remember, we're talking about venues that aren't just known in Vegas, but where people worldwide just dream about going!... all available to you as a result of being a SpaLofts owner.

Now here comes the best part: SpaLofts are actually selling at affordable pricepoints! The first 80 units were quickly snagged by friends of the Light Group and include some of the most interesting and dynamic movers and shakers of Las Vegas, including poker superstars Antonio Esfandiari, David Williams, and Josh Arieh and 944 & Racket Magazines owner Justin Weniger. Just today, Key Financial Investment Co. and the author of "Living Rich - A State of Mind" Josef Quieroz and his wife Maricel spoke with the Light Group's CFO Michael Rea regarding a penthouse unit. Many other significant names have already purchased into SPA Lofts. Now here's your opportunity to purchase at exclusive developer reserve prices.

1276 square feet, 2 bedroom, 1 1/2 bath, 2 terrace units start at $449K and go to $576K for a 1,500 square foot, 2 or 3 bedroom, 2 full baths, and 2 terrace unit. Search the entire Las Vegas high rise and mid rise condo marketplace and you'll be hard pressed to find anything better, both from a pricepoint and amenity point of view. Out of 147 units, only 35 remain. I believe this project represents an excellent value for all the above reasons. So if you want to live the Las Vegas life like it's supposed to be lived, you better act now.

Saturday, July 28, 2007

Success of World Market Center Again Boosts Potential of Downtown Las Vegas High Rise Condos

Whatever you do this week, don't go downtown to the World Market Center - you'll be too tempted to buy a downtown Las Vegas high rise condo.

The World Market Center is having it's bi-annual convention this week and expect over 50,000 of the world's biggest movers and shakers in the furniture industry to attend. In just a short period of time, furniture industry insiders are saying the World Market Convention brings them more leads and sales than they ever had at their traditional North Carolina location - and that's excellent news for downtown Las Vegas.

Photo Courtesy of the Las Vegas Review JournalAnd what does that mean for you, the investor and/or high rise condo buyer? While still in its infancy (it just opened in 2005), the World Market Center already's drawing record crowds from around the country looking to make deals on merchandise displayed in over 500 showrooms and is proving to become the centerpiece of downtown revitalization. Little by little, you'll see the entire industry shift to Las Vegas. Is it far-fetched to think suppliers, vendors, manufacturers and just about everyone involved in the furniture market would perhaps need a upscale condo to live in or rent?

You see where I'm going here with the potential. And right now, you can still get into a downtown Las Vegas high rise or mid rise condo at attractive pricepoints that make sense to the small investor. How about Juhl, which is walking distance to the market? Or Verge with its exploding sales. Or perhaps for real high rise living, try Streamline Tower.

The bottom line is that the World Market Center's already a success. You can see it with your own eyes this week. And with plans to expand the World Market Center to over 7 buildings and 12 million square feet by 2013, it's providing forward-thinking investors with a tremendous opportunity. The question remains: Are you ready to act on it?

Monday, July 23, 2007

What Happens in San Diego... May Just Happen in Las Vegas, High Rise Condo - wise

One of the greatest things about living in Las Vegas is its proximity to a number of amazing other cities you can visit with just a short car-drive away. As I write this, I'm sitting in my hotel room after a long day of looking at high rise condos and lofts in the San Diego area. What does this have to do with the Las Vegas high rise condo marketplace? Well, it just so happens that the developer of the Juhl Las Vegas downtown Las Vegas condo project has already created a number of highly successful projects in the downtown San Diego area.

And I wanted to see for myself just what the buzz was all about. If the completed Juhl project is anything like the properties I saw today, ladies and gentlemen, we'll have a winner.

CityMark's 90-feet tall Fahrenheit project is located at the corner of Island Street and Tenth Avenue and offers 77 lofts of 640 to 2,390 square feet. Then, in the heart of downtown - near Market and Tenth street - their M2I lofts offer views of Petco Park, East Village, and the downtown skyline. The company also built the Egyptian which contains 80 urban residences at Park Boulevard and University Avenue. And located in the Little Italy section of downtown San Diego stands Doma, 121 units distinguished by a preserved historic clock tower and a rooftop entertainment deck offering panoramic harbor views. Then there's Paseo, consisting of 18 townhouses offering spacious living, access to restaurants, shopping, entertainment, and trolley access. Finally, Cortez Hill was named the Best Attached Housing Product in 2002 and all homes offer private backyards and intimate roof decks.

In Las Vegas, you have to do your homework with respect to a project's developer. It's perhaps the biggest indicator of whether or not your Las Vegas condo project will succeed. With Juhl, you have a project from a developer who's string of successes is about as solid as it gets. Add to that all the positives you're already seeing in Downtown Las Vegas and the picture's clear: Juhl is happening... and it's affordable... and the numbers make sense. Get into this project right now.

It's happened already in San Diego and I've seen it with my own eyes. It'll happen in Vegas too! Only with this project, you don't have to keep it a secret from your friends.

Monday, July 09, 2007

Pinnacle Las Vegas to Demolish Building to Make Way for Their $850 Million High Rise Condo Resort

On Wednesday morning, July 11th, the Pinnacle Las Vegas will present quite a press event and photo opportunity. They'll be bulldozing an existing building to make way for construction of the new condominium resort-hotel. The press event will be highlighted by action footage of an existing structure being bulldozed to the ground and the opportunity to meet Pinnacle developer Michael Bellon.

Remember that The Falcon Group has owned the 12-acre Pinnacle Las Vegas site for the past 20 years and has carefully planned their development since 2005. At the height of construction, the project will generate approximately 2,000 construction jobs and stimulate millions of dollars in tax revenues. Upon opening in 2009, Pinnacle will generate more than 500 permanent jobs.

I've been telling you for a long time now how great this project is. Now we're finally seeing physical movement. Register to get more info on unit pricing and availability, then attend the event on Wednesday by RSVP'ing to Kurt Ouchida at 702-300-5756 or Jackie Dennis at 702-408-2759

DATE: Wednesday, July 11, 2007

TIME: 10:00 a.m.(sharp)

PLACE: Pinnacle Las Vegas Construction Site - 4645 W. Tropicana Avenue across from The Orleans (Parking available off Cameron Avenue and Tropicana)

Thursday, July 05, 2007

Las Vegas Temperature Not A Factor for July 4th High Rise Condo Fun

Out of all the postcards tourists send back home from their many trips to Las Vegas, do you know which one sells the best? It's the one with the Vegas skyline at night with fireworks going off all across the sky. I know you've seen it. Last night, I experienced the real thing at a July 4th party held at a 22nd floor high rise condo unit to watch the incredible celebration of lights. I spoke to the owner of the condo who told me his wife and him travel from Seattle to Las Vegas every July 4th because "it's the only place to be to celebrate America's birthday".

And it got me thinking: surely they're not the only ones. Surely people hear the latest weather reports of record high temperatures in Las Vegas right now. And how they're calling for even higher temperatures throughout the weekend. Yet people keep coming. McCarren Airport passenger traffic constantly sets new records... just about every resort is running at 100% occupancy... traffic coming into Vegas from the I-15 is constantly crawling... And it's 115 degrees!!!

With its mild climate and gorgeous scenery, I would think there's probably no place better to spend a nice comfortable July 4th weekend than in Seattle. Yet here's a couple who have the ways and means to go anywhere, and they choose Las Vegas in the heat of summer. It's that very reason that they bought their Las Vegas high rise condo to begin with - Vegas is completely unique. There's no place in the world that can even compare.

That's why on July 4th with 115 degree weather, you still won't find a hotel room if you book last-minute. Now what if you had your very own unit instead that you can use when you want and rent it for income when you're not in town? What if you could host a party like I went to last night to impress just ONE client on July 4th that may dwarf the price of what the unit costs you? Think about that for a moment, then contact me and we'll talk about which high rise you'll be hosting your own July 4th party next year.