Audrey Few-8-pg-Vegas Luxury Condo Report-December 2018

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8607 W Sahara Avenue Las Vegas, NV 89117

AUDREY R. FEW BROKER CRS, CIPS, RSPS

702.763.6786 Audrey@LivelloRealty.com www.LivelloRealty.com www.LasVegasValueReport.com

Experience matters. If you’ve considered selling, you need a condo hotel expert with marketing and negotiating skills to help position your property above the rest. Audrey has sold hundreds of condo hotel properties in Las Vegas. Call her today at 702-763-6786 to find out how she will help you maximize your condo’s selling potential.

LAS VEGAS REINVENTED! Las Vegas is growing! More than $5 billion dollars worth of construction is being invested in the city. The investments began with the $375 million T-Mobile arena and with plans for a $2 billion stadium. And that’s just the beginning:

5-STAR ZILLOW AGENT

To quote the Las Vegas Review Journal, “Madison Square Garden is partnering with Las Vegas Sands Corp. to build the 18,000-seat entertainment venue, which will be a 360-foot-tall sphere 500 feet wide at its widest point. Scheduled for a 2020 completion date, the facility will be located on a 63-acre lot east of the Sands Expo & Convention Center.” It’s not just new construction that is adding to the wave of change. $550 million was invested into Park MGM (formerly known as Monte Carlo). Another major transformation is starting with a $620 million investment into The Palms. Jon Gray, the general manager of The Palms, says that the transition is still in progress with more changes coming through the first quarter and early second quarter of 2019.

Source: https://bit.ly/2PVOdkW | https://bit.ly/2N7FMAZ | https://bit.ly/2qbAueT

I have sold 9 houses in my life, and Audrey , in my opinion, is the top real estate pro out of all of them. She was knowledgeable about the property, immediately responsive to any of our questions and concerns. She followed up everything promptly and knew what price would get a sale and wasn’t too low. We sold the properties in several weeks at close to our asking price. I give her a top rating.

REINVESTMENT & REINVENTION DESTINATION

TOTAL INVESTMENT

DESTINATION

TOTAL INVESTMENT

Park MGM & NoMad Las Vegas

$450M

LVCCD (Phase 2)

$860M

Palace Station

$191M

Caesars Forum

$375M

Skyline Hotel & Casino

$7M

Wynn Project

$1.6B

Resorts World Las Vegas

$4B

Esports Arena Las Vegas

$9M

The Drew Las Vegas

$3B

Mob Museum

$7M

Fly LINQ

$20M

Aria Resort & Casino (add’l mtg. space)

$154M

MGM Grand Conference Center

$130M

2 01 7 A N N UA L V I S I TO R S U M M A RY LAS VEGAS ANNUAL VISITOR VOLUME

2017 OCCUPANCY U.S VS. LAS VEGAS

42.2 MILLION

U.S.: 65.9% | LV: 88.7%

2017 Tourism Volume is 3rd Best on Record

22.8% DIFFERENCE

2018 VISITOR VOLUME FORECAST

MGM SIGNATURE PALMS PLACE TRUMP TOWER VDARA HOTEL & SPA

42.7 MILLION, +1.2%

Source: The Las Vegas Convention and Visitors Authority | LVCVA.com

December 2018 Real Estate Market Report Presented by Audrey R. Few www.LasVegasValueReport.com

Prepared Especially for

Jonathan and Angela-Marie Williams


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