Las Vegas High-rise Market Heats Up

After the Great Recession, Las Vegas high-rises were hard hit. But eight years after the crash, notable things are happening in Las Vegas’ niche high-rise market.

Prices have climbed with an eyebrow-raising $1,633-per-square-foot sale, move-up buyers and renovations. There are projections that demand for Strip high-rise homes may increase with the opening of T-Mobile Arena, the announcement of an NHL expansion franchise and talks could that lead to an NFL team in Las Vegas. Plus, unique opportunities exist to purchase top-level penthouses, gray shell penthouses, and even “a bulk” package of condos.

What has been happening in the high-rise market is consistent with other segments of Las Vegas’ real estate market in that it has been steadily rising. This leads to specific high-rise developments having smaller and smaller amounts of inventory for buyers.

About Mandarin Oriental – Las Vegas

The Residences of Mandarin Oriental Las Vegas are the most sought after condos in town. Praised for its prime CityCenter location and five-star luxury services, the building’s 225 exclusive units offer owners ultimate privacy and the very finest amenities. All just steps away, the Mandarin Oriental provides access to the very best shopping, dinning, and Broadway-caliber entertainment.

World-class services and amenities include: around-the-clock security, concierge and valet, doorman, pet park, fitness center, spa, yoga studio, salon, business center, billiards, conference rooms and more. Dinning options include: Twist by Pierre Gagnaire, MOZen Bistro, Mandarin Bar, Tea Lounge, and the Pool Cafe.

Image result for mandarin oriental las vegas lobby

Jumbo Elite

Give your Jumbo clients the pricing and turn times they deserve. Jumbo Elite loans not only allow you to offer competitive pricing to your clients, but they also allow you to close in an impressive 25 days or less.

  • Loan amounts up to $2 million
  • Exclusive rate incentives for borrowers with 740+ FICO
  • Eligible for primary and second homes
  • ARM and fixed-rate options available
  • Same-day closings with UClose

The only true Jumbo loan that is easy to close! Among the most competitive 30-year fixed rates in the industry, Superior Mortgage Lending offers incentives on all purchase transactions. From primary homes to investment properties, Superior provides jumbo loans with clear, hassle-free guidelines.

  • Eligible for primary, secondary and investment properties
  • FICOs as low as 700
  • Loan amounts up to $2.5 million
  • Fixed rate and ARM loans available

We offer a wide variety of Residential and Commercial Loans. Superior Mortgage Lending is your premiere team of mortgage professionals in Las Vegas.

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About Superior Mortgage Lending LLC

Superior Mortgage Lending LLC is a full service mortgage broker located in Las Vegas, Nevada. Our goal is to provide excellent service to you throughout the process. NMLS # 372130 Nevada License # 3582 California License # 603K964 Arizona License # 0119906 8867 W Flamingo Road STE 200 Las Vegas, NV 89147 (702)507-4170 / www.superiorml.com
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