About Las Vegas' Downtown Las Vegas Condos

View from the rooftop pool at Newport Lofts Downtown Las Vegas

Downtown Las Vegas has changed it's image over the years and no longer is just home to Las Vegas classic casinos ,such as Golden Nugget were Steve Wynn started putting his mark on shaping what we know now the top hotel casino resorts on the Strip. Now it is also the hip,artsy and home to New York style High Rise Loft Living !!

Here is the most current ARTICLEnaming Downtown Las Vegas in the Top 10 'great' urban neighborhoods !!

Downtown Las Vegas real estate is also one of the most popular in town and the only place that offers ultimate Las Vegas Loft living. Both Newprot Lofts and Soho Lofts are the most sought out Downtown High Rise Loft living projects by both buyers and renters and are just two of the most popular, here is an overview of these Downtown Las Vegas Loft Projects :

SOHO LOFTS LAS VEGAS

Soho Lofts Las Vegas is a hip,cutting edge loft project located in the arts district of Downtown Las Vegas .
This high quality concrete and steel high rise complete with artwork featured throughout the building gives it a unique vibe of a true urban schick atmosphere with amazing Strip,Downtown and mountain views.

This 17floor Las Vegas Loft building with it's wide open layouts embraces New York-style loft concept complete with polish concrete flooring,stainless appliances and European cabinetry. 120 units with 11 ft ceilings range between 1,277 to 1785 sq ft in 7 different floor plans.

Amenities include 24 hr security,secured parking garage with direct elevator access,ground floor retail and art studio space,roof top fitness center,pool,spa and sun deck.

NEWPORT LOFTS LAS VEGAS

Newport Lofts is a High Rise Loft building in Downtown arts district down the street from Soho Lofts and walking distance from Fremont Street is a true mix of urban and luxury

With it's contemporary and minimalistic design this 24-story building with 171 New York-style lofts features 13 floor plans from 911 to 3,052 sq ft including two-level penthouses that top the building and makes you feel a part of the arts scene in a secure,comfortable and fashionable environment.

Amenities of this amazing Las Vegas Lofts building feature 24 hr security,underground parking,concierge,roof-top jogging tack and fitness center, roof-top pool /spa deck with amazing panoramic Strip views,media room and so much more !!

For more information, available listings and best deals on both rental and resale Downtown Las Vegas Lofts and Condos please contact Las Vegas Condo and Real Estate World at (702) 884-6428 we specialize in Downtown Las Vegas properties !!

Warm regards,

The Arts Factory in Downtown Las Vegas.

Celebrity Real Estate Agent Aaron Auxier strolls through The Arts Factory located in Downtown Las Vegas, Nevada while explaining that there is much more to Las Vegas development than gambling, casinos, hotels, shows, restaurants, etc.

With tech companies such as Zappos moving their headquarters from Henderson to the true city of Las Vegas (within city limits at the old City Hall Building), as well as medical facilities such as the Lou Ruvo Brain Institute (partnered with Cleveland Clinic) now based in Vegas, we are forming new revenue generators via alternate tourism methods.

When you think of the Las Vegas Strip and its large casino hotels such as MGM CityCenter, Treasure Island, Wynn, Palazzo - as well as condotel and residential high-rise projects such as Panorama Towers, Palms Place, and Veer Towers, you mustn't forget economic diversification such as The Smith Center for the Performing Arts, World Market Center, and more.

Rather than simply watching the doom-based media, perhaps it's time to come see the New Vegas for yourself. Symphony Park is coming along nicely, and Mayor Oscar Goodman has done a fine job.

Cash or Credit for Your REO Purchase?

Cash is the obvious dominator with overall Las Vegas Area REO Purchases. Cash not only dominates but CRUSHES financed purchases under $75000. The primary reason is the stuff priced under $75000 is unhabitable and ineligible for financing or is condo ineligible for financing.

Asset managers for REO also may choose cash offers that may be lower than financed simply because financed offers have exceeded their appraised price on the property or because there are less contingencies and they can close quicker (which takes the asset - or liability - off of their books quicker.)

Condo financing is currently a challenge in the Las Vegas Area. Lenders want to see low investor concentration, low HOA deliquencies and no construction defect or other litigation against HOA or community. To determine if a condo is eligible for financing, a condo certification may be ordered from the HOA (this does cost money) and have it run by an underwriter.

Whether you are all cash or a financed buyer, you can search Las Vegas Area (Henderson & North Las Vegas too) homes right here for free and no obligation!

View other REO Stats for the Las Vegas Valley!

Last Month's Las Vegas Area REO Financing Profile Report

Has the Strip become too corporate? Does 2010 mark the return of Downtown Vegas?

Before entering to watch Las Vegas Mayor Oscar Goodman's annual State of the City address, Aaron Auxier and Michael Yomtob ask the question - has the Las Vegas Strip become too corporate? With consumer-friendly properties like the Golden Nugget Rush Tower making people feel wanted, as well as the Lou Ruvo Brain Institute and upcoming Performing Arts Center at Union Park, perhaps downtown's patient agenda will pay off in 2010.

Along with its World Market Center, if downtown can obtain an NBA, NFL, NHL, or MLB team and stadium, things could get real interesting. Perhaps properties such as Newport Lofts and Soho Lofts could see their values stabilize? Only time will tell. 

Frank Ghery - Lou Ruvo Brain Institute 3/17/09