Las Vegas Real Estate Market Site of Celebrity Family Feud?
The Las Vegas real estate market has been much-hyped of late because of its soaring housing prices and hot luxury accommodations. But now Las Vegas real estate is becoming the battle-ground for an old grudge: Trump vs. Trump. The Donald and his ex-wife Ivana are both working on competing Las Vegas luxury condominium prices, and both have a lot to lose.
Donald Trump’s entry into the market is the 64-story Trump International Hotel & Tower Las Vegas. The Ivana, located at the northern end of the strip, will be 80 stories tall and is scheduled to break ground in the summer of 2006.
After a sharp correction last fall, the Las Vegas real estate market is still seen as fairly turbulent. Whether either of the Trumps has the wherewithal to make it in the hot Las Vegas real estate market will surely be hotly watched as both race to complete these projects.