TITLE

Lake Las Vegas files Chapter 11 bankruptcy

PUB. DATE
August 2008
SOURCE
Las Vegas Business Press (10712186);8/4/2008, Vol. 25 Issue 31, p7
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the move of Lake Las Vegas, a 3,592-acre development built around a 320-acre manmade lake located in downtown Las Vegas, Nevada, to file for bankruptcy. It notes that the master-planned community filed for Chapter 11 protection in August 2008 following the takeover of ownership and management by LLV Holdco from owners who defaulted on $540 million in loans. The reasons cited for the filing were poor liquidity, substantial debt, and tough market conditions.
ACCESSION #
34162068

 

Related Articles

  • LAKE LAS VEGAS SEEKS CHAPTER 11 PROTECTION. Edwards, John // Las Vegas Business Press (10712186);7/28/2008, Vol. 25 Issue 30, pP16 

    The article reports that Lake Las Vegas, a residential and resort development in Henderson, Nevada, has filed for Chapter 11 bankruptcy. One of the five related companies filing for bankruptcy, Lake at Las Vegas Joint Venture LLC reported debts that total between $500 million and $1 billion, and...

  • Housing Action Network Helps Region Grow ‘Smarter’. Stepner, Michael // San Diego Business Journal;10/28/2002, Vol. 23 Issue 43, pB27 

    Discusses the criteria used by Housing Action Network to endorse real estate development projects. Density efficiency; Transit use; Affordability of housing projects; Efficiency in the use of city services; Adequacy of infrastructures.

  • Midtown miracle. Ankeny, Robert // Crain's Detroit Business;9/2/2002, Vol. 18 Issue 35, p1 

    Reports the residential developments in Detroit, Michigan. Schedule made by the developers in the opening the residential area; Range of the rents; List of residential projects in the area.

  • It's Really Happening at Santa Teresa. Lautman, Mark // New Mexico Business Journal;Apr2001, Vol. 25 Issue 2, p50 

    Focuses on the master-planned community development in Santa Teresa, New Mexico. Development timetable; Differences from similar projects; Infrastructure package required for the project.

  • Planned community of the year: Parque Escorial.  // Caribbean Business;8/10/2000, Vol. 28 Issue 31, pS8 

    Features Parque Escorial, winner of the 2000 Planned Community of the Year Award given by the Puerto Rico Home Builders Association. Developer of the project; Location; Shopping mall; Recreational area; Prices of home units.

  • Denton County's most active residential communities. Ludwig, Kim // Fort Worth Business Press;03/10/2000, Vol. 12 Issue 46, p19 

    Presents a chart depicting the most active residential communities in Denton County, Texas ranked by number of starts in 1999. Name and location of the communities; Information on the communities' developers; Price range; Availability of swimming pool and/or golf course.

  • Johnson County's most active residential communities. Ludwig, Kim // Fort Worth Business Press;03/10/2000, Vol. 12 Issue 46, p20 

    Presents a chart depicting the most active residential communities in Johnson County, Texas ranked by number of starts in 1999. Name and location of the communities; Information on the communities' developers; Price range; Availability of swimming pool and/or golf course.

  • Parker County's most active residential communities. Ludwig, Kim // Fort Worth Business Press;03/10/2000, Vol. 12 Issue 46, p22 

    Presents a chart depicting the most active residential communities in Parker County, Texas ranked by number of starts in 1999. Name and location of the communities; Community developers; Price range; Availability of swimming pool and/or golf course.

  • Tarrant County's most active residential communities. Ludwig, Kim // Fort Worth Business Press;03/10/2000, Vol. 12 Issue 46, p24 

    Presents a chart depicting the most active residential communities in Tarrant County, Texas ranked by the number of stats in 1999. Name and location of the communities; Community developers; Price range; Availability of swimming pool and/or golf course.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics