Las Vegas Real Estate News

General Las Vegas real estate news and market conditions in the Las Vegas Valley area and updates on REMAX Associates.

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Name: Konnel Peterson
Location: Las Vegas, Nevada, US

Monday, October 03, 2005

Las Vegas' Newport Lofts Makes Purchasing A High-Rise More Possible!

One of Las Vegas real estate's most reputable high-rise projects, the "Newport Lofts", has recently found yet another way to appeal to future purchasers! The development has just re-structured their financing requirements, now making purchasing much more flexible for Las Vegas high-rise buyers!

The Newport Lofts, located in the heart of the thriving downtown area, once required 15% in order to purchase a unit. They have since re-adjusted their down payment requirement to only 10% up front, and an additional 5% due in February of 2006.

The change has really peaked the interest of prospective buyers. Teresa Marasco, a sales agent at Newport Lofts has said that, "Our building was already 75% sold out, but now that we have been able to change our down payment requirements, we are attracting people now who may not have been able to make the financing work otherwise!"

Ashley DeBusk, also a sales representative for the Las Vegas high-rise, stated that, "Detouring that extra 5% for not only a few weeks, but for more than four months, has really made potential buyers take a serious look at what we have to offer."

The project will consist of 168 luxury loft-style residences, each ranging from 912 to more than 3,000 square feet. Unique roof-top amenities include a state-of-the-art fitness center, fitness track, Newport Lounge, swimming pool, jacuzzi, and sundeck with 360-degree views of the entire city!

The Newport Lofts will also have resident-oriented retail space along the street level, along with a grand lobby, and 24-hour doorman. Every unit comes standard with a terrace, as well as top-notch appliances, cabinetry, and finishes.

For more information and/or to view floor plans, please visit our link to the Newport Lofts, or call the Peterson Group today!

Konnel Peterson
REMAX Associates
1-800-LVHOMES

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