Monthly Archives: September 2009

Fontainebleau Term Lenders Want Liquidation

Posted by Globe Street on September 30, 2009
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LAS VEGAS-The term lenders for Fontainebleau want the Ch. 11 bankruptcy for the 70%-completed resort to become Ch. 7 liquidation.

Las Vegas Neighborhood Center For Lease

Posted by Colliers on September 30, 2009
Exclusives / No Comments

Rhodes Ranch Town Center
7445 S Durango Dr, Suite 101-102
Las Vegas, NV 89148
Available SF: ±2,400

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Station Casinos opposes creditors’ request to probe 2007 deal

Posted by Las Vegas Sun Stories: Business and Economy on September 29, 2009
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On the eve of a hearing in Reno in its bankruptcy case, a dispute emerged Tuesday on whether creditors can extensively investigate the 2007 deal that took Station Casinos Inc. of Las Vegas private.

Station Objects to Motion for Investigation

Posted by Globe Street on September 29, 2009
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LAS VEGAS-The operator of off-Strip casinos says the bankruptcy court motion by over-secured lenders is an ill-considered, unfortunate distraction.

Station Objects To Motion for Investigation

Posted by Globe Street on September 29, 2009
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LAS VEGAS-The operator of off-Strip casinos says the bankruptcy court motion by over-secured lenders is an ill-considered, unfortunate distraction.

Report: Vegas tops list of cities where home prices at bottom

Posted by Las Vegas Sun Stories: Business and Economy on September 28, 2009
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The end could be in sight for the housing recession in Las Vegas and across the country. That's according to Forbes magazine, which earlier this month ranked the valley's housing market No. 1 in the country in a list of cities where home prices likely have hit bottom.

Station Casinos wants ‘breathing room’ from employee wage suit

Posted by Las Vegas Sun Stories: Business and Economy on September 28, 2009
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Station Casinos Inc. of Las Vegas wants a lawsuit over employee wages to be put on hold, saying it's entitled to some "breathing room" from such litigation during its bankruptcy proceedings.

Crystals’ Tiffany Store Design Pops Up on Web

Posted by Globe Street on September 28, 2009
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LAS VEGAS-A source with Daniel Libeskind Studio confirms that the images posted by a blogger Friday are indeed the real McCoy.

Station Casinos details lease arrangement, rejection of Boyd

Posted by Las Vegas Sun Stories: Business and Economy on September 26, 2009
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Station Casinos Inc. is fighting a motion that an examiner be appointed to investigate its financial operations. The company on Friday filed a response in U.S. Bankruptcy Court to a motion by a group of minority lenders that an examiner with wide-ranging investigatory authority be appointed.

Will Gaming Drive the Recovery? – October 1st 7:30 AM

Posted by admin on September 25, 2009
Press Releases & Announcements / No Comments

Join us for our Industry Roundtable Event

October 1st, 7:30 A.M. in the Acacia Ballroom at the Four Seasons

Colliers International – Las Vegas will hold its second quarterly roundtable event on October 1st at the Four Seasons Hotel in Las Vegas.

The event, which will include guest speakers from Union Gaming and Colliers, will begin at 7:30 a.m. with a continental breakfast, followed by a panel of speakers at 8 a.m., and closing with an open discussion about the market. Topics will include the current economy, Colliers’ Las Vegas market overviews and potential for growth and expansion moving forward. “Can gaming once again propel a speedy recovery of the local economy?” said Mike Mixer, Managing Partner of Colliers’ Las Vegas office. “Many people are looking to the gaming industry and the success of projects such as CityCenter to lead the way”.

UPDATED: Guest speakers will include:

  • Trina Bushman, Business Development – Tradewinds Construction
  • Kenneth Perlman, Vice President – Sullivan Group
  • Grant Govertsen, Principal & Analyst – Union Gaming
  • John Stater, Research & GIS Manager – Colliers Las Vegas

Pre-registration is $25, $30 at the door. To RSVP, contact Gina Jones at gjones@lvcolliers.com

In 2009, Colliers International became the first Las Vegas-based brokerage firm to release its quarterly market report on the first day after the quarter ends. The Las Vegas office plans to again release the market report on the first business day following the end of the quarter, and is hosting the event as a supplement to the report.

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