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Updated about 9 years ago on . Most recent reply

Account Closed
  • Financial Services
  • Salt Lake City, UT
16
Votes |
53
Posts

Investment back to the Las Vegas Strip??

Account Closed
  • Financial Services
  • Salt Lake City, UT
Posted

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

Most Popular Reply

User Stats

78
Posts
30
Votes
Rochelle Ray
  • Flipper/Rehabber
  • Atlanta, GA
30
Votes |
78
Posts
Rochelle Ray
  • Flipper/Rehabber
  • Atlanta, GA
Replied

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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