Las Vegas and Henderson Homes and Real Estate

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.