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REALSHARE CONFERENCES
MEDICAL OFFICE BUILDINGS
November 12 - 13, 2009
The Four Seasons at Las Colinas - Irving, TX
 
Northern Virginia
December 1, 2009
THilton McLean Tysons Corner - McLean, VA
 
Full 2009 Conference Schedule >
LAS VEGAS BREAKING NEWS
November 8, 2009
Q3 for MGM Mirage Like Others, Down

LAS VEGAS-Occupancy in the company’s nine resorts on the Strip matched the year-earlier period at 95% despite most of its resorts there losing occupancy. ... Full Story

Tivoli Village: Smaller Phase One in Late 2010

LAS VEGAS-Construction of the 30-acre mixed-use lifestyle center here resumes with the first phase having been whittled to 370,000 square feet from 700,000 square feet. ... Full Story

Fontainebleau May Appeal Lawsuit Rulings

LAS VEGAS-In one key ruling, the judge denied a motion for summary judgment against the would-have-been final-stage lenders. ... Full Story

Boyd Wants Competing Plans for Station Casinos

LAS VEGAS-The owner of nine off-Strip casinos here is trying to purchase some or all of the assets of Station, which operates 18 off-Strip casinos here and filed for bankruptcy protection in July. ... Full Story

LV Sands Moves Closer to IPO for Macau Unit

LAS VEGAS-Just as Wynn Macau did two weeks before its IPO on the Hong Kong stock exchange, Las Vegas Sands Corp. files a required disclosure statement detailing its operations in Macau. ... Full Story

Cirque du Soleil Renews Office Lease

LAS VEGAS-The entertainment group renews its lease at Hughes Airport Center with CIP Real Estate, which owns 1.3 million square feet there. ... Full Story

Sands Q3 Loss Widens to $123M

LAS VEGAS-The casino operator reports a 26% revenue decline in its revenue from its local properties. ... Full Story

Mixer Now Chairman of Colliers USA Board

LAS VEGAS-One month after taking the helm of the local office for the third time in his career Michael Mixer is named chairman of the USA Board of Directors for Colliers International. ... Full Story

Echelon On Ice for Three to Five Years

LAS VEGAS-Boyd Gaming chief executive Kenneth Smith cites lower consumer spending, a glut of hotel rooms and a lack of financing for further delaying the partially completed, $4.8-billion project. ... Full Story

Harrah’s Posts $1.6B Loss

LAS VEGAS-Much of the loss is attributable to a $1.33-billion drop in the fair value of its assets, while much of the remainder is due to fewer visitors gambling less. ... Full Story

Wynn Resorts Profit Falls by a Third

LAS VEGAS-Bookings for conventions and meetings in Las Vegas remain weak along with the flow of wealthy Americans with money to burn. ... Full Story

Land Brokerage Firm Adds Vegas for Clients

LAS VEGAS-The Hoffman Co., a longtime land brokerage firm from California launches a local office to gain business from banks looking to move delinquent or foreclosed properties off their books. ... Full Story

Penn National Gaming Talks Fontainebleau

LAS VEGAS-The company says that despite the $3-billion project being 70% complete its value is little or nothing because the estimated $1.5-billion cost to complete it is at the edge of its value. ... Full Story

Lost CityCenter Value Tops $2B

LAS VEGAS-While the company's majority shareholder mulls its options, MGM Mirage will write off about $2 billion of lost CityCenter value. ... Full Story

Examiner Appointed for Fontainebleau Sale

LAS VEGAS-Jeff Truitt of XRoads Solutions Group will move forward with the sale of the stalled $3-billion casino resort out of Ch. 11 bankruptcy. ... Full Story

MGM Mirage Also Eyeing Asia IPO

LAS VEGAS-With Wynn Resorts having already been successful and Las Vegas Sands hoping to repeat the feat next month, MGM Mirage is now considering an offering of its own as it eyes additional development sites. ... Full Story

Vegas Industrial Continues to Feel the Pressure

LAS VEGAS-Depending on which report you read vacancy is 14.2%, 9.1% or somewhere in between but while estimates on net absorption vary by 2 million square feet. ... Full Story

LV Sands Close to IPO for Macau Operations

LAS VEGAS-The casino operator is reportedly hoping to raise as much as $2.5 billion next month through an initial public offering of its Macau properties on the Hong Kong stock exchange. ... Full Story

Zappile Joins CoreNet Global as Interim CEO

LAS VEGAS-Ron Zappile, most recently president of United Technologies Realty, replaces Prentice Knight, who is retiring. ... Full Story

Gaming, Hotel Metrics Still Underperforming

LAS VEGAS-Hotel occupancy, room rates and the amount gamblers are losing on the Las Vegas Strip continues to underperform relative to 2008, which itself underperformed relative to 2007. ... Full Story

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