Mark Stark, a past resident of Chicago, relocated to Las Vegas in 1981. Applying his business skills to his real estate career, he became a top multi-million dollar producer at the age of 22. He subsequently spent 4 years managing a top producing office of the Americana Group, Realtors until he was appointed to General Manager. In March 1995, Mark became Vice President and CEO of the firm. Mark has shared his real estate experience as a CRS instructor and radio talk-show host. He is a member of the Greater Las Vegas Association of Realtors and the Las Vegas Executives Association. He can be reached at marks@americanagrp.com

The Las Vegas Vertical
Market Rises To Royal Proportions

If you’re going to the NAR Convention, be sure to take advantage of this invitation from Prudential Americana Group to tour some outstanding new high-rise developments that could provide significant referral opportunities.

Las Vegas is well known for dazzling views of the Strip attracting more than 38 million visitors in 2006 providing an economic impact of over $39.4 billion. This amazing statistic continues to entice more than 7,000 people a month to our communities throughout Southern Nevada. Now, to continue the Las Vegas transformation into the future, an impressive stream of high-rise development has arisen throughout the community.

With our 25-year history of embracing change and growth to dominate the Las Vegas real estate marketplace, our company, Prudential, Americana Group, Realtors has positioned itself at the forefront of this transformation.

SPEARHEADING CHANGE

In early 2004, our company spearheaded the changes in the real estate landscape in Southern Nevada with the development of its Luxury High-Rise/Projects Division. We spoke to developers from around the world who were looking at the Las Vegas market for new opportunities to blend gaming properties with luxury High-Rise Hotel/Condo advantages. From these discussions, we created this Division, which encompasses High-Rise, High-Rise Hotel/Condo, Mid-Rise and Luxury Low-Rise developments with over 50 combined years of project launch experience.

Prudential Americana has always been known, throughout Southern Nevada, as a home for the best and the brightest in the real estate industry. The mission of this new Division is to grow and enhance that culture for the future. We reached deep within our company and throughout the industry for the most experienced sales and marketing team necessary to achieve success in this area.

When evaluating the market for these products in and outside our marketplace, I knew this team of professionals, led by Todd Grotstein, Director, could produce amazing results. Supported by our sales team of more than 1400 Realtors, Prudential Americana has developed a reputation for successfully marketing this type of product.

MEET US IN LAS VEGAS

As you will see from the brief descriptions in this article, we represent a vast array of product and look forward to introducing it to brokers and agents from around the country who have clients with interest in investing in the luxury condo markets. We would like to invite these interested brokers and agents to contact us for tours of these many offerings while they are here in Vegas for the NAR Convention. Contact trishap@americanagrp. com for more information and to schedule a tour while in Vegas.

ONE QUEENSRIDGE PLACE

From the development of the Luxury High-Rise Development Division to the partnerships with The Shapiro & Sher Team, renown for the ultimate in luxury real estate property marketing, the company has embraced the new “Royalty” in Las Vegas real estate.

When we say “Royalty” we refer to One Queensridge Place, the first vertical custom residential community in the northwest Las Vegas valley. Located at the southwest corner of Alta and Rampart, within the Queensridge master-planned community, One Queensridge Place provides homeowners with the finest on-site amenities and convenient access to fabulous dining, premier shopping, live entertainment, spectacular golf and resort gaming.

One Queensridge Place offers homeowners more than 40 different floor plans, each featuring distinctive European design, exquisite stonework and remarkable craftsmanship, celebrating “The Art of Life” with Executive Home Builders’ signature designs. Intricate architectural details throughout each home and all community areas reflect the Art Nouveau Movement from the turn of the 20th century that originated in Paris, Brussels, Florence and Tuscany.

The Shapiro & Sher Team, operated by Florence Shapiro and Ivan Sher, has long been a leader in luxury property marketing in Las Vegas. The success of the Queensridge project driven by their marketing expertise has been a fabulous achievement.

The One Queensridge Place team has experienced tremendous success, with both buildings fully constructed and beautifully silhouetting the desert sky. While 80 percent of both buildings has been sold over the past 18 months, there are still 33 individual homes available.

With our first residents moving in sometime this September, now is your best opportunity to own the finest address in Las Vegas. Visit the One Queensridge Place sales and design studio at 9755 West Charleston Blvd., Las Vegas, NV 89117 or call 702-646-6377 to schedule a private preview. For more information, visit www.onequeensridgeplace.com, www.tvqr.com and www.lasvegasfinehomes.com.

COSMOPOLITAN RESORT AND CASINO

On Valentine’s Day 2005, the company’s Luxury High-Rise/Projects Division rolled out “I Love COSMO,” a campaign to launch the Cosmopolitan Resort and Casino. The 1.8 billion dollar development is comprised of two stunning glass towers on 8.5 acres at the heart of the Las Vegas Strip. It is situated just south of the Bellagio Resort & Casino, and will be adjacent to the City Center project already under construction.

The property will encompass over 4 million square feet with approximately 2200 luxury condos and all the amenities of a first class resort property. All parking will be underground providing access to a 70,000 sq. ft. casino, 300,000 sq. ft. of retail, restaurant, and entertainment, and a fabulous 50,000 sq. foot fitness center and spa.

The unprecedented success of this launch and continued excitement about the project confirms the transformation of Las Vegas into a vibrant place for those “in the know” to be seen and own real estate today and well into the future. For more information, please call 866-339-4519 or visit the website at www.cosmolv.com.

VERGE

The transformation of the Las Vegas real estate marketplace does not stop at the foot of the luxury high-rise environment. The redevelopment of the downtown corridor is also enhanced by the development of high-rise and mid-rise residences.

Further enhancing the choices for our new Las Vegas resident is the development of Verge, a state-of-the-art, mixed use mid-rise condominium in the heart of the revitalization movement in downtown Las Vegas.

Featuring 296 loft-style units, Verge is within walking distance of the best that downtown Las Vegas has to offer. The LEED qualified building provides recreational and landscaping areas in a three level structure with a terraced spa, exercise gym, rooftop pools, dog park, lounges, and private green spaces. For more information, please call 866-544-8777, e-mail lance@vergeliving.com or visit the website at www.vergeliving.com.

OUT TO SEA

The company’s Luxury High-Rise/Projects Division continues to break barriers in the luxury marketplace with its selection to represent The Four Seasons Ocean Residences, a new shipboard condominium experience.

Owners of the 112 graciously appointed homes at sea will enjoy all the service amenities and elegance of Four Seasons Hotels and Resorts, while circumnavigating the globe on a private tour of unrivalled international destinations on seven continents.

The Four Seasons has created a unique opportunity for the luxury real estate market to expand beyond the traditional residence to a unique ocean environment. We are honored to have been selected to support such an exciting opportunity.

For more information, please call 702-318-4079 or visit the website at www.fourseasons.com/oceanresidences.

SHOWCASING LAS VEGAS

We believe it’s important to showcase our extraordinary projects in Las Vegas so that throughout the industry real estate professionals can gain an understanding of the positive changes and potential in this industry. We know our success is all about the quality of our people. Coupled with the ability of our company to retain the highest quality seasoned real estate sales professionals, the new product opportunities create an unbeatable combination.

Within the last five years our company has undergone a transformation into a business-to-business service organization. Our vision of a partnership between agents and brokers has brought to Prudential Americana Group tremendous results. We provide the highest caliber of service and tools for our sales professionals, giving them the ability to service and provide these key benefits directly to their clientele. Our team has developed expertise in working with investors from around the world. Realtors who refer their investment clients to us can rest assured that they are in good hands.

INTO THE FUTURE

The transformation of the real estate market in Las Vegas will continue over the next decade. Our goal at Prudential Americana is to provide the ultimate in business services to our Realtors as they look to market new and innovative product to all who wish to make Southern Nevada their home.

Las Vegas is a vibrant and growing community for fun, work, investment and success. The finest in real estate professionals constantly look for new and innovative ways to give their customers the best in service and product. Las Vegas has not disappointed and an exciting future awaits those who are along for the ride!”

Prudential, Americana Group, Realtors®
Unique Business-to-Business Model

About 5 years ago, Prudential, American Group, Realtors developed a new and innovative approach to the real estate industry with the creation of its business-to-business service model. This unique approach allows Americana to support and promote the philosophy that our sales professionals are business owners and our role is to foster, enhance, and join with our business owners as they grow and develop their individual strategies and vision.

Americana provides the highest caliber of service and tools for our sales professionals, giving them the ability to maximize their expertise and provide these key benefits directly to their clientele.

The model provides the sales professional the ability to build a brokerage within a brokerage and to enhance their business by utilizing and embracing our proven systems. Regardless of the business size desired, our plan of attack takes into account all levels of success.

To learn more about this exciting and innovative approach, contact Prudential Americana Group, Realtors at jano@americanagrp.com

– Mark Stark



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