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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (24358)	10/7/2004 3:28:39 AM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 306849

Not familiar with the company, but it's a pretty remote location (extreme south strip, way south of Mandalay Bay) and pretty pricy (250/sq ft is a bunch for condos...they'd have to be in a MUCH better location to command those prices, IMO)....

To: Haim R. Branisteanu who wrote (24358)	10/7/2004 5:28:02 AM
From: Elroy Jetson	Read Replies (1) \| Respond to of 306849

Now let me guess, when this Las Vegas developer asked for your advice and help - they had already purchased the land, right? I'm sure you know all too well that after they buy the land they only want to hear good news. They've basically already locked in their potential loss or profit at that point. I can't tell you how many California builders I've seen buy even before doing a geological assessment - which in California is like playing Russian Roulette.