Sep 24

If you’re interested in finding vacant land in Las Vegas and building your own home, there are many things you should know.  While the desert looks to be open and inviting, there is surprisingly little room for building at this point.  Almost 80% of the land in the Las Vegas Valley is owned by the Federal Bureau of Land Management. This leaves 20% for private owners.

Most of this land has been divided into half acre parcels, with the largest area of land available being about two and half acre parcels.  If you’re hoping to enjoy horses, you should also know that three horses are allowed for every acre of land.

Certainly, not everyone in Vegas wants to build.  Some companies, like Sightline Acquisition, LLC with Kirk Sanford specialize in the acquisition of distressed commercial and residential real estate.

Sep 12

Many in the gaming industry in America have their sites on the upcoming New England Gaming Summit.  Scheduled to be held September 20 and 21 at the Mohegan Sun in Uncasville, Connecticut, the event should be educational and enjoyable for all.  Certainly, those in the gaming industry like Kirk Sanford, President and CEO of Sightline Payments, and many others, could enjoy this two day conference.

Industry leaders BNP Media and Spectrum Gaming Group are bringing this conference.  They are hoping to draw a mix of policy makers, industry leaders like Kirk Sanford, grass-roots organizations and more.

New England, home to two of the largest casinos in the world, looks forward to hosting this summit. The summit should assist both public and private sector leaders to evaluate the impact that casinos and gaming have on state budgets, community life and the local economies.

Sep 2

According to the Las Vegas Review-Journal, things are not looking up for the Nevada housing market.  Nevada ranks first across America in residential foreclosures and second in delinquencies for the second quarter of 2010.

As Stephen Brown, the economist who just became the director of the Center for Business and Economic Research at the University of Nevada, Las Vegas, said, “The Las Vegas housing market is pretty close to a bottom.” He doesn’t expect to see residential real estate begin to recover for another three years or so.

Unfortunately, Nevada is in good company with their foreclosure rates.  RealtyTrac, a foreclosure listing service, reports that more than 2.3 million homes have been repossessed by lenders since the recession began in December, 2007.

Many banks have tightened their lending standards as a result of these real estate issues.  Certainly, some companies are able to help with these real estate issues. Sightline Acquisition, Inc. with Kirk Sanford, for instance, is a privately held Las Vegas-based investment fund specializing in the acquisition of distressed commercial and residential real estate. While benefiting from a depressed market, companies like this one with Kirk Sanford can, hopefully, help to breathe life into the real estate market and boost sales.