Dubai’s grand vision crashes - St. Louis Post-Dispatch

November 30, 2009
Dubai's grand vision crashes
St. Louis Post-Dispatch
"Now it's just a matter of how you're going to deal with the assignment of losses, given that the commercial real estate projects are obviously worth a lot

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Dubai World heavily invested in US hotels - The Associated Press

November 30, 2009

MiamiHerald.com
Dubai World heavily invested in US hotels
The Associated Press
The US commercial real estate market is in the midst of the most severe downturn in decades, and that's led to a surge in loan defaults.
Dubai World May Have to Sell Trophy AssetsWall Street Journal (blog)

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Right On the Corner. Right On the Price. - Las Vegas Business Press

November 30, 2009
Right On the Corner. Right On the Price.
Las Vegas Business Press
As bad as it's getting in Las Vegas commercial real estate, opportunity exists for some business owners to seize a prime location, often at a fraction of

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Valley apartment rents dip in third quarter (Las Vegas Business Press)

November 30, 2009

Local apartment rents fell in the third-quarter as landlords aggressively sought to boost occupancy, Las Vegas-based business advisory firm Applied Analysis said.

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Right On the Corner. Right On the Price. (Las Vegas Business Press)

November 30, 2009

The fastest-growing U.S. city of the 20th century is turning into a ghost town, or so it’s being depicted by reports of Las Vegas leading the nation in home foreclosures, thousands of people leaving town after losing jobs and commercial vacancies going through the roof.

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Commercial broker lists 5BD in Las Vegas - Blockshopper

November 30, 2009

Blockshopper
Commercial broker lists 5BD in Las Vegas
Blockshopper
Kenneth Lowman of Luxury Homes of Las Vegas is the listing agent for the home. Gatski is chairman and CEO at Gatski Commercial Real Estate Services in Las

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Dubai Debt Crisis: How Much is the Emirate like Las Vegas? - Wall Street Journal (blog)

November 30, 2009
Dubai Debt Crisis: How Much is the Emirate like Las Vegas?
Wall Street Journal (blog)
to marketbeat: “Dubai might loosely be compared to Las Vegas in the US where over development still overhangs the commercial and residential real estate

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Dubai debt woes may hit U.S. property market - Reuters

November 30, 2009
Dubai debt woes may hit U.S. property market
Reuters
NEW YORK (Reuters) - Dubai's debt woes could further unhinge an already fragile US commercial real estate
Dubai debt fallout expected to hit US commercial property marketProperty Wire
Buy! Sell! Hold! Huh!?TheTyee.ca
What You Need to Know about Dubai Debt DramaJutia Group

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Glittering Las Vegas loses luster as consumers keep wallets closed (Baltimore Sun)

November 30, 2009

Gambling revenues and room rates still falling and conventions disappear After he scored a room at the Excalibur online for $24 a night, Mario Ellis hopped in his car and headed for Sin City.

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Glittering Vegas loses luster as consumers keep wallets closed (Baltimore Sun)

November 30, 2009

Gambling revenues and room rates still falling and conventions disappear Potent drop in discretionary spending plus bad economy has gambling mecca reeling

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