Tuesday, February 28, 2006

High Rise Market Still Strong?

Laurence Hallier, developer of the Panorama Towers thinks that the Las Vegas high-rise market is continuing to roll on strong despite some well publicized projects folding recently. Hallier uses the success of his Panorama Towers to prove his point. It has recently exceeded $750 million in sales and moves in its first buyers this summer.

Nearly 100 high rise Las Vegas Condo projects have been announced in the last two years. 13 are complete or under construction and 6 have deals have folded.

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