Forest City Acquires Interest in 12.7-Acre Site for Commercial Development in Las Vegas
August 13, 2007 Posted by Nevada Real Estate
Forest City Enterprises, Inc. (NYSE:FCEA)(NYSE:FCEB) announced July 30 that it has acquired a 60 percent interest in a 12.7-acre site in downtown Las Vegas.
Forest City acquired its 60 percent interest in the site from entrepreneurial real estate developer Livework LLC, which will hold the remaining 40 percent interest in the property. The total cost of […]
Condo project in doubt
August 10, 2007 Posted by Nevada Real Estate
Under a proposed bankruptcy plan, the developer of Wingfield Towers has until Oct. 25 to come up with $9.7 million to pay Dr. John Iliescu for the property and possibly proceed with plans to build Reno’s tallest building.