Publishing Company Says "No Go" to Las Vegas High Rise Condo Hotel Project Name

Does the Cosmopolitan High Rise Condo project in Las Vegas need any more bad news? Of course not, its had its share of that already.

But according to the Las Vegas Review Journal, lawyers with nothing better to do have now decided that the name "Cosmopolitan" is a trademark infringement according to The Hearst Corp., publishers of the Cosmopolitan magazine. They claim the Cosmopolitan developers (whoever they are these days) are using the Cosmo name to enrich their product into deluding the public into thinking the high rise project is associated with the magazine. Perhaps the Hearst Corp hasn't been reading this blog or the Las Vegas Review Journal or the Las Vegas Sun or In Business Las Vegas or any other informational source that's been covering this project since 2004, or they would have known this high rise condo project was launched years ago with the Cosmopolitan name - you would think Hearst would have acted sooner on this. I guess their lawyers were too busy with other things until now.

In my opinion, I don't think the Hearst Corp. has anything to worry about because - as predicted when Bruce Eichner gave up control of the project - I still believe the project will be completed under a different name anyway.

On a side note, on a recent visit with a high rise condo client to the Blue Martini Lounge in Town Square, I noticed a number of people ordering "Cosmopolitans" from the bar. Good thing there were no lawyers present.

We've Done all the Las Vegas High Rise Condo Work - You Reap The Rewards

Over the past few days, we've been searching the entire Las Vegas marketplace for what we consider "real steal deals" (RSD's) and we've uncovered the following:

Here's the latest bargain condo unit at Panorama high rise condos: 11th floor, 1 bedroom, den, 1 1/2 bath, 923 square foot unit at Panorama for $415,000. Get more information here

Or if you'd prefer a high rise condo unit at Sky Las Vegas, here's one on the 13th floor - It's a spacious 1 bedroom, 1 bath, 778 square foot "never been lived in" Las Vegas strip condo facing the new Fountainbleu Resort with great city and mountain views to the east for UNDER $300,000!!!! (yeah, I know - I couldn't believe that price either).

Granted, some people don't want the Las Vegas high rise condo lifestyle but still want bargains on Las Vegas real estate. For those, may we present our list of 40 properties UNDER $200,000 that you can pick up TODAY. It may take you a while to go through this list yourself (scrolling through the arrows on the bottom left), but I assure you it's well worth your time. Have a look, then contact us to discuss.

But let's not stop there. There are a number of interesting situations over at Spanish Trails that make for great deals right now. Those who are local to Vegas know how amazing the homes at Spanish Trails are. The first residence we found is bank-owned. The second is in "The Islands", which is extremely nice with a distressed owner willing to sell this golf course residence for $325,000. There's also a Gardens residence for about $299,000 (although not on the golf course), but that price is extremely low compared to prior sales.

We've also found some other unbelievable RSD's at a variety of Las Vegas high rise / non-high rise bargains like these:

• MGM Signature high rise condo on the third floor for $299,900
• Turnberry: Very high-end, excellent residential development just off the Strip and behind the new Fontainebleau.
• Allure. Purely residential located on Sahara, approx. 1/8th block off the Strip
• Park Avenue: last two available - all others are in contract. One is bank-owned. This is located just as half block from Las Vegas Blvd South.
• Las Vegas Country Club/Bel Air High-Rise
• Regency Highrise and Panorama Highrise
• District at Green Valley

I know that's a lot of homework we just gave you. But just like high school, if you don't do your homework, you're only cheating yourself. So click on those links, find out what you like best, then contact us and we'll get it done for you. If you're seriously looking for an RSD in Las Vegas, there has to be a deal in there for you.

WSOP Website Resource Finds Las Vegas Condos and Investments for World Series of Poker Players

As most of you probably know, the World Series of Poker (WSOP) is currently being played from Thursday, May 29, 2008 to Monday, July 14, 2008 at the Rio Hotel & Casino in Las Vegas, Nevada. As most of you probably don't know, there are a few members of the Las Vegas Wealth Group in attendance at the event as well - some of whom are competing, while the top real estate members associated with the group are providing boutique-level real estate investment services specifically tailored to the tournament participants.

The group has channeled their very impressive resources into finding Las Vegas condos and Las Vegas high rise condos for some of the players at the wsop event and recently announced the publishing of their World Series of Poker real estate related website/blog called www.wsopcondos.com for players at the world series of poker.

It shouldn't surprise anyone that many WSOP poker players make repeated journeys to Las Vegas many times over the years. Poker players also have very unique requirements, both in terms of lifestyle and what they decide to call home. So why not buy a place of your own instead of paying exorbitant hotel room rates? And who better than the Las Vegas Wealth Group to consult with for the best Las Vegas condos and real estate investment opportunities for poker players? From luxury high rises, Las Vegas estate homes, to million dollar luxury residences, or even just a place to call home when you're in town, World Series of Poker players need to do something with their winnings, right?

Besides being a one-stop source for the best world series of poker Las Vegas real estate poker player, the WSOPcondos.com website features resources for poker players such as WSOP Rewards credit cards, WSOP news links, and world series of poker videos from YouTube. If you're a poker player participating in this year's World Series of Poker tournament, you owe it to yourself to visit the Las Vegas Wealth Group's WSOP website and contact them for all your Las Vegas real estate needs and beyond.

Investor Group Succeeds Again in $5.4 Million Dollar REO Package Funding

Still don't know where to invest your money these days? Perhaps you should consider applying for membership in BPVWest's REO/preconstruction syndicate investor group. I've been an affiliate of the investor group for the past couple of months now and have seen them do some amazing things already - such as buying bulk REO foreclosures from a major bank for their investors at 25 cents on the dollar. TWICE!

Here's a link to the press release announcing the successful funding of their latest REO foreclosure deal. BPVWest provides turnkey type investments, so investors in the syndicate need not worry about all the hassles associated with real estate such as tenant issues, eviction, rent collection, repairs, marketing, etc.

This group is constantly looking for more REO and preconstruction investors to join, as "the group gets stronger with every good investor they bring on board". What I like about them is that investors who apply for membership basically get qualified, so it's not like the group takes everyone. And since all the investors are qualified for a certain level of investment, when a good deal comes along, the group is able to act quickly.

Banks love that. So do high rise and condo developers, at every stage of their development from preconstruction to unit closeout. Would you like to get more information on the group? Visit their website here.

16th Floor Las Vegas High Rise Condo Hotel RSD

That's right - I have a "Real Steal Deal" (RSD) on a 16th floor, 1 bedroom, high rise condo hotel unit at the Platinum condotel which I just toured myself this morning. At the price-points that most of the condo hotels in Las Vegas are selling for, you'd be hard pressed as an investor to positive cash flow your unit out. However, there are some units at the Platinum that make me believe this is possible.


The unit I toured this morning is going for $319,000 which is an amazing price for a condo hotel in Vegas, especially on the 16th floor of the building (the 17th floor is the penthouse!) and as you can see from this video, the views you'll get are simply fabulous.

Remember, with a condo hotel, you can use your unit yourself and rent it out when you're not around with absolutely no restrictions. The Platinum already is in operation and I must say, I was very impressed with the building as a whole as well as the people staffing it. (plus I talked with a number of the guests who all were impressed with their stay).

All in all, the Platinum makes for a very interesting option for your Las Vegas high rise condo search. I'm pretty sure at the $319,000 pricepoint, this unit won't last long even in today's market, so if you're looking for a RSD, contact me today and let's get you in to see this unit for yourself!

Guess the High Rise Condo View, Part IV

It's been a while, so let's play it again. Back by popular demand, It's called "Guess the View". Can anyone tell me the name of the Las Vegas high rise condo project where this rooftop picture was taken:

As a post-script to this photo, I have to tell you I just recently toured this high rise building and found it to be outstanding! In addition to having great views of the city (as you can tell), this project has just begun to close units to those who originally reserved units 2 years ago.

What makes this project different from the rest of the high rise condo projects in town? Well, for starters, the unit owners in this project actually WANT to close and are moving ahead with their contracts. Not many Las Vegas highrise projects can say that in today's market. Secondly, the units are spacious with realistic pricing, allowing you to stake your claim to affordable Las Vegas high rise living. Need I say more?

So go ahead.. guess the view. And if you want, contact me and I'll show you an absolute RSD (real steal deal) in this building (and perhaps others?)