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Old 04-11-2013, 04:10 PM
 
Location: ( ͡° ͜ʖ ͡°) (╯°□°)╯︵ ┻━┻ ̡
7,112 posts, read 13,155,699 times
Reputation: 3900

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Unfinished Henderson condo project Vantage Lofts up for sale again - VEGAS INC

Quote:
Developer Rich Crighton bought Vantage Lofts with plans to finish the mothballed Henderson condos and sell them at a steep discount.
But after letting the upscale project collect dust for a year, Crighton will let someone take it off his hands — for the right price.
Brokers with NAI Sauter Cos. sent out a marketing brochure this week for the partially built 110-unit project at Gibson Road and Paseo Verde Parkway. It is listed for sale at $14.35 million and, according to the brochure, needs $13.4 million of additional construction work.
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Old 04-11-2013, 04:13 PM
 
12,973 posts, read 15,798,868 times
Reputation: 5478
Quote:
Originally Posted by FML157 View Post
Anyone know what the deal is with Echelon @ Centennial Hills; it's across the street from Centennial Hills Hospital a bit up from the walgreens. It's been boarded up for some time now.

Las Vegas Nevada Apartments - Home - Echelon at Centennial Hills
Being actively leased I believe.
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Old 03-04-2014, 10:03 AM
 
Location: Paradise Palms, Las Vegas, Nevada
555 posts, read 1,259,046 times
Reputation: 712
I resurrected this old thread from last year.

What a difference a year makes! Some former abandoned projects mentioned here in this old thread have been reborn. And workers are already busy at some of these projects! Yay!!!

The ever changing.... and growing yet again.... beautiful Las Vegas valley!



The next Strip mega-resort is underway - it just doesn


http://vegasinc.com/business/real-es...- The Gramercy


THE SHOPS AT SUMMERLIN

and

A Summerlin downtown looms on the horizon | Las Vegas Review-Journal
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Old 03-04-2014, 11:39 AM
 
15,839 posts, read 14,472,390 times
Reputation: 11916
Anything ever happen with the Vantage project in Henderson? Someone was going to refloat it, then it dropped back off the radar.
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Old 03-04-2014, 01:25 PM
 
Location: Paradise Palms, Las Vegas, Nevada
555 posts, read 1,259,046 times
Reputation: 712
Quote:
Originally Posted by BBMW View Post
Anything ever happen with the Vantage project in Henderson? Someone was going to refloat it, then it dropped back off the radar.

Opening this Spring, in the pre-leasing stage...just made a quick phone call to them. Nice looking lofts btw, very modern


Vantage Luxury Flats and Loft Living - Apartment Homes in Henderson, NV
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Old 03-04-2014, 01:29 PM
 
15,839 posts, read 14,472,390 times
Reputation: 11916
^
There doing them as rentals? Too bad. They'll be too expensive as rentals.
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Old 03-04-2014, 01:33 PM
 
Location: Paradise Palms, Las Vegas, Nevada
555 posts, read 1,259,046 times
Reputation: 712
Quote:
Originally Posted by BBMW View Post
^
There doing them as rentals? Too bad. They'll be too expensive as rentals.

This is Las Vegas and you can never have enough rentals, lol
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Old 03-04-2014, 02:24 PM
 
Location: Metro Phoenix, AZ USA
17,914 posts, read 43,408,068 times
Reputation: 10726
They did the same thing here with a couple of large condo projects, one downtown Phoenix, one out in Tempe. Converted to rentals, the vacancy rate is very low-- they were much easier to rent than sell, even at a fairly high rental rate.
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Old 03-04-2014, 04:45 PM
 
2,928 posts, read 3,550,907 times
Reputation: 1882
Vacancies are going down for apartments even with all the competition from investor bought single family homes.
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Old 03-04-2014, 06:22 PM
 
Location: Las Vegas
3,631 posts, read 7,669,562 times
Reputation: 4373
Quote:
Originally Posted by Kitchen Witch View Post
I resurrected this old thread from last year.

What a difference a year makes! Some former abandoned projects mentioned here in this old thread have been reborn. And workers are already busy at some of these projects! Yay!!!

The ever changing.... and growing yet again.... beautiful Las Vegas valley!



The next Strip mega-resort is underway - it just doesn


http://vegasinc.com/business/real-es...- The Gramercy


THE SHOPS AT SUMMERLIN

and

A Summerlin downtown looms on the horizon | Las Vegas Review-Journal
AGREED!

This is very encouraging!

I hope the trend continues.
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