DENVER-The duo from New York City is paying $60.75 per share for the locally based company in what is being called the largest privatization transaction in the multifamily REIT sector.
LAS VEGAS-The 4.65-acre site abuts the south side of the Wynn Las Vegas golf course. It was the only piece of land that abuts the resort that Wynn did not own.
LAS VEGAS-For the first time since the condo boom here commenced, the total number of units completed, planned and deleted has declined, according to a new report.
LAS VEGAS-Most of the industry's growth as of late has been in Europe, where between 1999 and 2005 no less than 56 centers were developed--three times more than were opened in the US during the same period.
LAS VEGAS-Kirk Kerkorian's investment arm will attempt to acquire the properties from MGM Mirage Inc. and also will pursue strategic alternatives related to its 56% stake in the company.
LAS VEGAS-Kirk Kerkorian's investment arm will attempt to acquire the properties from MGM Mirage Inc. and also will pursue strategic alternatives related to its 56% stake in the company.
LAS VEGAS-The phased 126-acre project will consist of 600,000-sf of retail, 1 million sf of office, a boutique hotel and 2,500 units. The first phase is slated to open in 2009.