Las Vegas and Henderson Homes and Real Estate

Lake Las Vegas boasts some of the finest homes in all of Greater Las Vegas.  The resort has been hard hit by the recession and has seen some of the largest drops in real estate home values of anywhere in the region.  Now that the community is reported to be rising from bankruptcy and is looking to continue development, several of the undervalued homes should be an attractive buy for deal seekers in the market.

Here is a taste of the beauty of Lake Las Vegas...

Here are available Lake Las Vegas area homes for under $500,000 available today!

Lake Las Vegas, the luxury community in eastern Henderson, NV has recently been granted to right to emerge from Chapter 11 bankruptcy protection after almost two years.  The U.S. Bankruptcy court in Las Vegas approved the resort's restructuring plan, allowing it a fresh start under the ownership of Highland Capital Management and lenders led by Credit Suisse Group Inc.

One important aspect of the plan is that it allows the resort to continue development of it's 3,600 acre masterplan, allowing for long term sustainability.  Atalon Group is the company responsible for managing the development and operations until at least 2011.

Lake Las Vegas is one of the most exciting new developments in Greater Las Vegas in recent years, and an important part of the City of Henderson.  The award-winning resort once featured two award-winning golf resorts designed by Jack Nicklaus (Reflection Bay Golf Club and Southshore Golf Club) and one by Tom Weiskopf (The Falls Golf Club).  These courses have been closed over the past year and resort guests and residents are anxiously awaiting their return.

In addition, MonteLago Village at Lake Las Vegas - a once triving amenity to the resort - should also benefit from a new surge of capital and construction around the community.

There are currently a number unprecedentedand exciting real estate opportunities at Lake Las Vegas.  Because of the nature of the bankruptcy, some of the best deals in town can be found at this community, before the resort fully recovers.

If you are interested in Las Vegas, Henderson, of Lake Las Vegas real estate, contact:

Michelle Natale
The Natale Team
Prudential Americana Group

www.natalesellsvegas.com

Michelle Natale leads a top 25 ranked team of agents for Las Vegas based Prudential Americana Group, the largest real estate brokerage in the state of Nevada. Michelle started her career in real estate over 10 years ago, and is ranked in the top 1% nationally in Prudential's national network since 2000.

Pacific Capital has added lodging portion of MonteLago Village to it's current portfolio of Lake Las Vegas properties.

Pacific Capital Management, a California based investment firm announced today that in addition to the shopping and dining portion of the Village that it currently owns, it has now acquired the lodging portion as well from Intrawest Hospitality Management. 

This may be a good sign that new capital is ready to be infused into the struggling community that was was the crown jewel of Henderson.

We look forward to what the future will bring!

Source:  Amanda Finnegan
Las Vegas Sun Article
Friday April 16, 2010

For more information about Las Vegas real estate, Henderson real estate, and Summerlin real estate, contact:

The Michelle Natale Team
Prudential Americana Group

www.natalesellsvegas.com

February 12, 2010 8:00 PM - 9:30 PM

Location:   Henderson Convention Center
Address:   200 South Water Street in the Water Street District
Phone:   702.267.2171

Under the direction of Conductor Taras Krysa the Henderson Symphony Orchestra will perform Master Series III, Romeo & Juliet for their February concert. There will be a preshow discussion from 7:15 p.m. until 7:45 p.m. followed by the concert at 8:00 p.m.

Admission is FREE!!!

Winterfest in Henderson

Photo Courtesy of HendersonLive.com

Date:         December 10, 2009 - December 12, 2009
Location:    The Water Street District
Address:    200 South Water Street
Phone:       702.267.2171

The spectacular Henderson Winterfest celebration will be fun for the entire family with new experiences each day.  The U. S. Marines have asked us to help them collect toys for their annual TOYS FOR TOTS drive. Please bring an unwrapped toy to donate, lets show them just how generous Henderson is.