|
GlobeSt.DIRECT members log-in here
|
|
|
Visiting CityCenter for Free, Virtually
By Brian K. Miller
LAS VEGAS-MGM Mirage launches a new interactive web site for the 18-million-square-foot Las Vegas Strip development that opens to the public next month. ... Full Story
Penn Makes $50M Offer for $3B Fontainebleau
By Brian K. Miller
LAS VEGAS-In addition to its would-be 'stalking horse' bid for the unfinished hotel, resort and casino Penn National arranges $51.5 million in interim debtor-in-possession. ... Full Story
Sands Pays $87M of $380M for Macau Land Lease
By Brian K. Miller
LAS VEGAS-Las Vegas Sands makes the initial payment for the first two parcels of a five-parcel Cotai Strip land concession. ... Full Story
Hooters Resort Still at Risk of Ch. 11 Filing
By Brian K. Miller
LAS VEGAS-The owner of the 696-room hotel-casino, which is looking to sell, posts another third quarter loss as bankruptcy protection remains a real possibility. ... Full Story
Holiday Inn Opening Next Month
By Brian K. Miller
LAS VEGAS-Blackstone Capital Group will open a 129-room Holiday Inn adjacent to the University of Nevada-Las Vegas in November that is being operated by InterContinental Hotels Group.
... Full Story
Marnell Starts 75%-Leased, 200,000-SF Project
By Brian K. Miller
LAS VEGAS-Marnell Properties breaks ground for a $29-million freight center on 19 acres at McCarran International leased from the Clark County Department of Aviation. ... Full Story
Strip Revenue Forecast: Growth Again in 2010
By Brian K. Miller
LAS VEGAS-Due to new developments, total revenue from gaming properties along the strip will rise in 2010, while the same-store subset experiences a decline, according to CBRE’s gaming experts. ... Full Story
Landry’s Gaming Unit Profit Falls 40%
By Brian K. Miller
LAS VEGAS-Landry’s Restaurants said this week its Golden Nugget gaming properties in Downtown Las Vegas and Laughlin continued to suffer through the third quarter. ... Full Story
Riviera Still Eluding Bankruptcy
By Brian K. Miller
LAS VEGAS-Along with a terrible third quarter performance at its nameplate resort here the company reports on its efforts to cure a loan default without filing for Ch. 11 bankruptcy protection. ... Full Story
Interest Expense Creates Loss for Hard Rock Resort
By Brian K. Miller
LAS VEGAS-With more hotel rooms and an expanded concert venue, the Hard Rock Hotel and Casino saw higher revenue during the third quarter of 2009 but interest expense smothered the gain. ... Full Story
Lender Ends Up with Spanish Towers Site
By Brian K. Miller
LAS VEGAS-With a $16-million credit bid the lender on the would-have-been $660-million high-rise residential project takes possession of the 14.3-acre property. ... Full Story
Sands China IPO Could Raise $3.58B
By Brian K. Miller
LAS VEGAS-Las Vegas Sands Corp. said Monday it intends to sell as much as 30% of its Macau operation--as many as 2.057 billion shares--at a per-share price between $1.34 and $1.79. ... Full Story
SunCal Picks Up 1,072 Residential Lots for $20M
By Brian K. Miller
LAS VEGAS-The liquidation of Kimball Hill Homes winds up with SunCal acquiring 639 finished lots and 433 partially-finished lots in 11 communities in the region. ... Full Story
Fontainebleau Subcontractors Cooperating
By Brian K. Miller
LAS VEGAS-Several subcontractors for the stalled project including TutorPerini Corp. and MDU Resources Group organize to find financing and gaming partners to complete the project. ... Full Story
Q3 for MGM Mirage Like Others, Down
By Brian K. Miller
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
By Brian K. Miller
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
By Brian K. Miller
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
By Brian K. Miller
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
By Brian K. Miller
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
By Brian K. Miller
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
|
|
ADVERTISEMENTS
|
|
GlobeSt.TV
ARCHIVES
WEBINARS
BLOGS
DIRECTORIES
RSS FEEDS
Northern Virginia
