Investment back to the Las Vegas Strip??

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Investment back to the Las Vegas Strip??

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Financial Services · Salt Lake City, UT · Member since 2015 · 53 posts · 16 votes

Las Vegas has been trying to re-brand itself as an entertainment destination to diversify away from gaming revenues which it seems to have done quite well since my visit last weekend. 

The below article also notes that big investment in the strip is back with major players picking up where they left off in 2007-2008. Major corporations are building hotels/shopping/convention spaces again and this obviously means jobs.

Curious to know what local folks think about this construction and how it bodes for the local RE market????? Curious to know about Henderson and Summerlin areas.

http://www.nytimes.com/2015/11/18/realestate/commercial/in-las-vegas-a-lucky-streak-for-developers.html?WT.mc_id=SmartBriefs-Newsletter&WT.mc_ev=click

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Rochelle Ray
Flipper/Rehabber · Atlanta, GA · Member since 2014 · 78 posts · 30 votes
10y

I respect Carl Icahn, as many do, and know he is very careful in his choices.  I wonder if others will follow? People are like cattle, when one goes, they all do without asking why.  Ok, not all people but you get my point here.  Thanks for the article @Robert Adams.  2016 is going to be an interesting year economically all the way around.  Its a coin toss!

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  • Charlie Fitzgerald
    Lender · Las Vegas, NV · Member since 2015 · 2k+ posts · 1k+ votes
    10y

    We're always one of the last areas to die and one of the 1st areas to recover in all RE boom/bust cycles.  It's been that way in Las Vegas for decades.  Nothing different in that regard this time. 

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  • Ross Greene
    Real Estate Agent · Las Vegas, NV · Member since 2015 · 97 posts · 28 votes
    10y

    This year was great for me sales wise! I cant complain 1 bit. I only hope it continues out through 2016 as well to be as great if not greater!

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  • Robert AdamsBusiness Member
    Real Estate Broker · Henderson, NV · Member since 2009 · 1k+ posts · 373 votes
    10y

    Here is an article about one of the last and biggest victims of the recession http://www.wsj.com/articles/carl-icahn-looking-to-...

    [email protected]702-349-9175
    The Adams Team at Rothwell Gornt Companies4.971 Reviews
    WebsiteView Page
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  • Rochelle Ray
    Flipper/Rehabber · Atlanta, GA · Member since 2014 · 78 posts · 30 votes
    10y

    I respect Carl Icahn, as many do, and know he is very careful in his choices.  I wonder if others will follow? People are like cattle, when one goes, they all do without asking why.  Ok, not all people but you get my point here.  Thanks for the article @Robert Adams.  2016 is going to be an interesting year economically all the way around.  Its a coin toss!

    1Reply
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