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Las Vegas Residential Real Estate News
MGM Mirage, Dubai Scrap CityCenter’s Harmon Condos (Update3) - Bloomberg
Jan. 7 (Bloomberg) -- MGM Mirage and Dubai World postponed the opening of one hotel and canceled a condominium development at their CityCenter construction on the Las Vegas Strip to trim costs and “maximize” returns in a declining market ...
Read more...Planned dog park meets howls - Las Vegas Sun
Denise Drost, left, and Jay Lake and his 4-year-old son, Christian, climb out of the basin Wednesday near their homes in Henderson. The neighbors oppose planned additions to the nearby Arroyo Grande Sports Complex because of the noise, odors and ...
Read more...MGM Mirage’s Murren Cutting Debt, May Sell Casinos (Update2) - Bloomberg
Jan. 8 (Bloomberg) -- MGM Mirage’s new chief executive officer, James Murren, said he plans to “dramatically” reduce debt and will consider further casino sales as he overhauls the company’s balance sheet. Murren plans to refinance maturing ...
Read more...UPDATE 2-US mortgage rate drops 10th week, to record low - Reuters
NEW YORK, Jan 8 (Reuters) - The average interest rate on 30-year U.S. fixed-rate mortgages dropped to a 28-year low of 5.01 percent in the latest week, after the Federal Reserve launched its mammoth plan to lower home borrowing costs, Freddie Mac ...
Read more...The Siegel Group Nevada, Inc. Acquires 2nd Las Vegas Hotel-Casino - Earthtimes
LAS VEGAS - (Business Wire) The Siegel Group Nevada, Inc., today announced that it has completed the acquisition of the Barcelona Hotel & Casino located in Las Vegas, Nevada. The purchase price equated to approximately 60% of the current appraised ...
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