News & Views of Las Vegas

Waterford Falls Las Vegas

Las Vegas Communities

The community where I live in Las Vegas recently coordinated its first Neighborhood Watch program. We are all excited about this; although we have not had many problems, there are now vacant homes due to the current foreclosure problems, which causes some concern among homeowners. We are all looking forward to the celebration of the 25th Annual National NightOut. This event is “a nationwide effort to heighten crime prevention awareness, generate support for local anti-crime programs and strengthen neighborhood spirit and police-community partnerships,” according to the Las Vegas Metropolitan Police Department. In our neighborhood, we have found this new effort a great way to get to know our neighbors.

Community Involvement

The cities of Las Vegas, Henderson and North Las Vegas are participating in this annual event, along with thousands of communities across the country. The event is being held in Las Vegas at 6pm on Tuesday, August 5. National Night Out is celebrated with events across the U.S., Canada and military bases around the world; it is expected to draw more than 34 million people this year. The events around the country will include musical performances, gymnastic performances, food and beverages, presentation of Colors by police departments and welcome announcements. Sponsors include the FBI, HELP NEVADA, Target and McDonald’s. For more information about this great event, contact National Night Out.

CITY CENTER ANNOUNCES RESORT CASINO

CityCenter has announced the name of its unique resort casino, scheduled to open in late 2009. ARIA, the resort casino, will form the core of CityCenter, the exciting vertical city that is under construction on the Las Vegas strip, between Bellagio and Monte Carlo resorts. City Center will also feature The Harmon Hotel Spa & Residences; Vdara Condo Hotel; Veer Towers, a residential high-rise; The Crystals, which is a 500,000 square foot retail and entertainment district. CityCenter if a joint venture between MGM Mirage and Dubai World.

AIRA RESORT CASINO

Aria, according to MGM executives, will introduce “a new generation of resort experiences” to the Las Vegas market. ARIA will include two curvilinear glass towers, revealing clean use of natural elements, lush foliage, wood and stone. Open spaces include A three-story lobby and casino, which will fill with natural light. Unique art and interior design will fill the guest rooms and public space.

ARIA will host a collection of lounges, bars and nightclubs; a luxurious spa offering a complete menu of skincare, massage and hydrotherapy treatments, three spa suites designed to accommodate couples’ treatments and small parties. The spa’s balcony will overlook the resort’s beautiful pool.

The contemporary architecture will offer 4,004 guest rooms, including 568 suites. Guest room corridors will open to areas of enclosed glass, providing beautiful views of the Las Vegas mountains and city. The entertainment certerpiece of ARIA will create a production celebrating the musical legacy of Elvis Presely, which is a perfect choice for Las Vegas.

MGM CityCenter is scheduled to open late 2009, and is sure to be the most exciting mixed-use, luxury high-rise condominium development to become part of the Las Vegas lifestyle. There are still condos available for sale; if you would like prices, floor plans and availability, contact Las Vegas Homes and Condos at 1-888-876-8383 or email terrilvp@cox.net. (Scenes and improvements are not within the project, are proposed, artist’s renderings only and NEED NOT BE BUILT. Plans, architectural renderings, specifications, pricing and locations are subject to change without notice. © Project CC, LLC. Unauthorized use of the images, artist renderings, plans or other depictions of CityCenter is strictly prohibited.)

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Las Vegas Communities Celebrate

Las Vegas, Henderson and North Las Vegas will join in the nationwide celebration of the 25th National NightOut on August 5, 2008. National Night Out is co-sponsored by these cities and the National Association of Town Watch. It was designed to promote neighborhood unity, safety and police and community partnerships by focusing on crime prevention, drug resistance and violence prevention.

The annual celebrations across the country will include refreshments, musical performances, gymnastic performances, welcome announcements and Presentation of Colors by Honor Guards.

For more information about this August 5th event, contact the National Night Out Organization.

Neighborhood Watch Programs

The community where I live in Las Vegas recently started its first Neighborhood Watch program, with the help of the Las Vegas Metropolitan Police Department. It seems to be a great program for increasing awareness among neighbors, many of whom are too busy to really notice unusual things going on in our own neighborhoods. We have seen an increase in vacant homes in Las Vegas with the growing number of foreclosures; vacant homes lead to vandalism and other problems. The Neighborhood Watch program in our subdivision has already worked by making all of us more aware. If your neighborhood is not already involved in a Neighborhood Watch Program, you might want to consider starting one. It is an inexpensive, and fun, way to get to know your neighbors. If you would like some suggestions and contact information as to how to get started, call Las Vegas Properties at 1-888-876-8383 or email terrilvp@cox.net.

Medical Office Complex For Sale In Henderson, Nevada! 

This is a beautiful, fully built out Medical Office Complex available for sale in Henderson, Nevada, one of the fastest growing cities in the country!  This building offers more than 6,000 square feet, which can be divided into two separate offices. It is situated on .81 acres. There are 2 separate entrances, 12 Exam Rooms, an Laboratory Area, Break Room, File Room and spacious waiting areas for patients.  Customized features include glass block, 4 doctors’ offices with separate entrances and rest rooms and beautiful interior design.   The building is perfectly located, on a high-visibility street, just minutes from the I-215 Interchange.

Las Vegas Commercial Real Estate

Las Vegas Commercial Real Estate is one segment of the Las Vegas real estate market that has been unaffected by the current slow down and falling prices!  Rents are strong and vacancies are low.  This type of investment property is perfect for a owner/occupant or for an investor wanting to purchase Las Vegas income producing property. 

Investors wanting to complete a 1031 Tax Deferred Exchange might consider the purchase of a Medical Building in Las Vegas, as the number of physicians and health care providers continues to increase with the growing Las Vegs population.  This is a great time to invest in Las Vegas commercial real estate, as prices are slightly lower than last year and financing programs are available.  Read the rest of this entry

Las Vegas Summers

When people think of the Las Vegas climate, they think “dry” and “desert.”  We love our weather, with the sun shining about 340 days of the year!  For those of us who moved to Las Vegas from the midwest or northeast, we are thrilled not to face the snow and cold!  Our summers, though, are hot.. we in Las Vegas call it a “dry heat!”  And summers in the desert also bring the “Monsoon” season, when we see rain storms from Mexico during July and August.

Do I Need Flood Insurance?

Many of my clients ask if Flood Insurance is necessary in Las Vegas and Nevada.  While it might not be necessary (meaning that the Las Vegas mortgage company does not require this insurance) it is still a very good idea.  I, personally, am not an advocate of buying unnecessary insurance of any type.  But, having lived in Las Vegas for 19 years and having lived in Tucson, Arizona for 10 years, I always suggest to my clients that Flood Insurance offers great piece of mind.  Las Vegas has added excellent flood control structures and drainage systems during the past 15 years, but those are no guarantee again water damage in a heavy rain.

Homeowners insurance policies have many exclusions; most homeowners never take the time, and cannot understand the insurance jargon to understand what the exclusions mean.  I have found that an insurance company can deny a water claim for any number of reasons and call it “flood damage.”  If your insurance company does deny a claim, it would take too much time, effort and probably a good attorney, to win the argument.  In the meantime, it is up to the homeowner to coordinate and pay for repairs, construction and temporary living accommodations.  So, it is better to be “safe than sorry.”

The National Flood Insurance Program advises that, although you might not live in a “flood plain,” you face the possibility of flood damage during heavy seasonal rains.  Flooding can be caused by rains, drainage systems and failed flood control structures.  The term “100 -year flood” does not mean that there is only a major flood every 100 years. Read the rest of this entry

We are all really excited to see the ongoing development of the MGM City Center on the Las Vegas Strip.  This unique luxury condominium/resort development is scheduled to open fall 2009.  City Center offers an exclusive collection of residences, including a 4,000-room resort, casino, 1,850-seat showroom theatre, spa, fitness center, salon and four pools.  The Crystals is CityCenter’s beautiful retail center, showcasing top brands and high-end couture.   Residents and guests will enjoy a choice of 18 restaurants, 6 bars and cocktail lounges, a nightclub and the CityCenter automated transit system connecting to Bellagio and Monte Carlo. 

MGM City Center offers VDARA - an upscale condo hotel with internaional flair located on the Las Vegas Strip.  This 57-story condo hotel features a unique crescent shape and patterned glass, creating a unique and beautiful design.  VDARA will offer 1,543 residences, open floor plans with unparalled views of the mountains and city.  These condos are fully furnished, delivered to condo buyers as a “turn key” home.  VDARA offers studios, deluxe studios, one and two bedroom residences, studio, one and two bedroom penthouses.  VDARA offers a great lifstyle for a primary or vacation residence.  Floor palns range from 500 to 1,750 squre feet and connecting units are also available.  Amenities include a beautiful pool deck, lobby lounge, destination restaurant, branded salon and full-service wellness spa.  Conference suites are available for executive groups and events for 10 - 250 guests.  Residents and guests will also enjoy the gourmet coffee bar, grocery, fully-equipped fitness center, in-suite dining, banquet and catering services.

To learn about availability and pricing, call Las Vegas Properties.  We will send you a complete brochure and price list of available condos.  Call 1-888-876-8383 or email terrilvp@cox.net.

Scenes and improvements are not within the project, are proposed, artist’s renderings only and NEED NOT BE BUILT.  Plans, architectural renderings, specifications, pricing and locations are subject to change without notice.  ©2006 Project CC, LLC.  Unauthorized use of the images, artist renderings, plans or other depictions of CityCenter is strictly prohibited.

Las Vegas’ McCarran International Airport is the 5th busiest airport in the country.  Since the Las Vegas population has more than doubled over the past 10 years, the North Las Vegas Airport has become a popular choice of private pilots, scenic airlines and tourist airplanes and helicoptors.    Originally, the North Las Vegas Airport was developed to keep smaller, private jets from clogging runways at McCarran International Airport, one of the nation’s busiest airports.  Managed by Clark County Dept of Aviation, North Las Vegas Airport was a conduit for more than 230,000 takeoffs and landings in 2006, making it the second busiest airport in the state. 

Among the amenities offered at North Las Vegas Airport is the 15,600 square-foot terminal, pilot lounge and weather station, discount jet fuel and great location with easy access to I-215 and US 95.  In addition to transient flyers, North Las Vegas Airport has 685 airplanes based in 259 hangars, 66 of which were built through public private partnerships in the past two years.  Tenants or developers typically build the hangars, leasing the land from the county for $.90 per square foot per annum.  The Aviation Dept also shares from 1-5% of the revenue of the 25 commercial operations, which include rental car companies, aircraft maintenance shops and flight instruction schools.  Las Vegas Metro Police and Bureau of Land Management both operate onsite flight support facilities.  Metro is planning to add a 38,000s square-foot facility at the airport within the next 2 years.  The airport employs 30 county workers and is responsible for more than 1,700 private sector jobs in Clark County.  The growth of this airport is another facet of the growth and popularity of the City of North Las Vegas, one of the fastest growing cities in the country during the past 3 years. 

With new Master Planned Communities such as Aliante and the future Park Highlands, as well as the new Aliante Station Resort Casino, the city of North Las Vegas has become a great choice for new residents to buy homes in the more suburban area of Las Vegas.  North Las Vegas is a great place to live!  For a list of communities and city resources, contact Las Vegas Properties at 1-888-876-8383 or email terrilvp@cox.net.