This website is owned and operated by DK Las Vegas, LLC, a Nevada-based real estate sales company. We operate this website as well as those of our affiliated properties that are all located in the United States. Those websites include https://theonelv.com, https://ogdenlv.com, and https://juhllv.com. DK Las Vegas takes your privacy very seriously. We are committed to protecting and safeguarding the privacy of visitors to our websites including mobile versions of our websites. If you have any questions, comments, or requests regarding this policy or the information practices of DK Las Vegas, please contact us using the contact information below. This website is owned and operated by DK Las Vegas, LLC, a Nevada-based real estate sales company. We operate this website as well as those of our affiliated properties that are all located in the United States. Those websites include https://theonelv.com, https://ogdenlv.com, and https://juhllv.com. DK Las Vegas takes your privacy very seriously. We are committed to protecting and safeguarding the privacy of visitors to our websites including mobile versions of our websites. If you have any questions, comments, or requests regarding this policy or the information practices of DK Las Vegas, please contact us using the contact information below.
If you do not agree to this Policy, please do not use DK LAS VEGAS websites OR PROVIDE DK LAS VEGAS WITH YOUR PERSONAL INFORMATION. Your use of DK Las Vegas websites and/or mobile applications indicates your acceptance of this policy and of the collection and use of your personally identifiable information in accordance with this policy.
The Personal Information We Collect
We may collect different types of personal and other information based on your use of our products and services and our relationship with you. Personal information we may collect includes contact information such as your name, telephone number, e-mail address, city, state and zip code.
When you visit our websites, we may collect certain information by automated means. For example, our systems may collect information about your activity on the websites (i.e., pages you visit, address of a referring website (if any), identifiers for your mobile device, geographic location information, and Internet Protocol address) for a number of purposes. Such information is collected using automated technologies such as cookies. A “cookie” is a text file that our website would send to your computer or mobile device to identify your browser or to store information or settings in your browser. We may use this automatically-collected information to track engagement with our websites. We also use this information to operate, maintain, and manage our websites. If you would like to avoid cookies, view our site in “privacy mode” or change the settings in your browser to not accept cookies. Click on the “Help” section of your browser to learn how to change your cookie preferences.
We use Google Analytics to gather anonymous analytics and statistics about our websites and how they are being used by our visitors so we can improve our websites.
How We Use The Personal Information We Collect
We may use the personal information we collect in a variety of ways, including to:• Provide you with the best customer experience possible;• Respond to your requests or questions for information on a property, to any other requests or questions, or to schedule a presentation;
• Provide you with information regarding our other properties in which you may be interested;
• Communicate with you regarding specials, offers, invitations, and promotions;
• Remember you when you visit our websites;
• Address network integrity and security issues;
• Perform internal marketing analyses; and
• Comply with applicable laws and as otherwise allowed by law.
Personal Information Not Sold or Shared With Others
DK Las Vegas does not sell, trade, transfer or share your personal information with third parties. We may share your personal information with our other communities and properties that are part of DK Las Vegas. We may be required to share your personal information for purposes such as complying with court orders or law enforcement; assisting with identity verification, and to prevent fraud and identity theft; selling DK Las Vegas’ assets; or enforcing our agreements and property rights.
We don’t knowingly collect personally identifying information from anyone under the age of 13 unless we first obtain permission from the child’s parent or legal guardian. If we become aware that we have inadvertently received personal information provided by a visitor under the age of 13 without permission from a parent or legal guardian, we will delete the information from our records. A child’s parent or legal guardian can also request that the personal information of their child be deleted from our records.
We are concerned about ensuring the security of your personal information. Your personal information is collected and stored in a secure cloud database. We use industry-wide, standard, commercially reasonable efforts to protect your personal information from access, loss, misuse, alteration, or destruction by any unauthorized party. These include physical, electronic, and managerial procedures to safeguard and secure the information we collect. There is no 100% secured platform available in the industry and we cannot guarantee the security of the information, nor can we guarantee that information you supply in connection with use of the websites will not be intercepted while being transmitted to us over the Internet or wireless communication. Any information you transmit to the websites is at your own risk. We do not promise, and you should not expect, that your personal information or private communications will always remain private.
“Do Not Track” Practices
We honor Do Not Track signals and do not track, plant cookies, or use advertising when a Do Not Track browser mechanism is in place.
Links to Other Sites
We may offer links to sites that are not operated by DK Las Vegas. If you visit one of those linked sites, you should review its privacy and other policies. We are not responsible for the policies and practices of other companies.
Social Media and Personal Information
DK Las Vegas uses a variety of social media options to communicate and interact with consumers, and has links to certain social media providers available on its websites. When interacting with a DK Las Vegas presence on those social media websites, you may opt to reveal certain personal information. We may collect the personal information that you make available to us on that page or account, including any information you have made public in connection with that social media service. Any personal information you have chosen to share on any DK Las Vegas social media pages will be visible to persons visiting those pages, and privacy on those pages is governed by the privacy policies of those social media companies. Other than to respond to posts or answer questions, DK Las Vegas will not use personal information provided on its social media pages without permission from you.
Email and Other Communications
We may contact you by email or other means at an email address that you have provided to us. If you do not want to receive email from us, please “unsubscribe” through the link that is included in our emails.
Your personally identifiable information may be transferred to, stored, and processed in a country other than the one in which it was provided, including into the United States. By communicating electronically with us, you acknowledge and consent that your personal data is being processed in this way.
If you are a California resident and have an established business relationship with us, you can request that we provide certain information about our company’s sharing of personal information with third parties for direct marketing purposes. We do not share any California consumer personal information with third parties for marketing purposes without consent. California residents who wish to make this request may contact us using the contact information below.
NOW IS THE TIME TO BUY IN VEGAS
Ranked #1 U.S. housing market in 2018 by Realtor.com
ONE LAS VEGAS
Private-Equity Investment Giant Blackstone Doubles Down on Las Vegas
The private-equity and real-estate behemoth, Blackstone Group (BX), is doubling down on Las Vegas with the January 14, 2020 announcement that it will purchase the real estate assets of the MGM Grand and Mandalay Bay in a combined $4.6 billion deal. The MGM Grand Las Vegas includes a hotel and resort as well as three condominium towers. The deal is expected to be completed in the first quarter of 2020.
According to media reports, the deal is similar to Blackstone’s Oct. 2019 purchase of MGM Resorts’ flagship property, Bellagio, in which Blackstone’s private real-estate investment trust, BREIT, takes control of the Bellagio through a $4.25 billion venture with MGM Resorts.
“Blackstone has been on a Las Vegas buying spree. The magnitude of its recent multi-billion deals within an astonishingly short time period signifies a bellwether moment for the city,” said Uri Vaknin, a partner with KRE Capital, whose company owns a collection of condominium towers in Las Vegas including Juhl, ONE Las Vegas and The Ogden, which recently sold out.
“As the world’s largest real estate investment powerhouse, Blackstone’s continued investment in Las Vegas signifies a level of confidence in the solidity of our long-term economic strength and will undoubtedly attract more premier investors in all sectors,” Vaknin added.
In 2017, Blackstone bought the 5.4 million-square-foot World Market Center in downtown Las Vegas for an undisclosed sum. It acquired the Cosmopolitan in 2014 from Deutsche Bank for $1.73 billion and bought the 68-acre Hughes Center for $347 million in 2013.
Blackstone entered the Las Vegas market in 2012 purchasing more than 3000 single-family homes in a buy-and-rent venture. Additionally, the company has invested hundreds of millions of dollars for apartment properties.
“Las Vegas is in an era of stability suggesting a regular long-term economic growth,” Vaknin said.
According to a Feb. 7, 2020 Las Vegas Review Journal article, the Las Vegas new home market got off to its hottest start in 13 years. “There continues to be demand in housing due to the strong population growth, continued employment growth and all of the major investments taking place in Southern Nevada,” said Brian Gordon of Applied Analysis.
Commenting on the strength of the condominium residential real estate market Vaknin notes that KRE’s downtown Las Vegas’ 275-residence condo community, The Ogden, sold out in January. The Ogden has been credited with the residential revitalization of downtown Las Vegas. Also located in downtown, the 344-residence Juhl community sold 12 condos in January, including its work/live offerings and a penthouse at $432 per-square-foot, a record for downtown since the downturn.
On the opposite end of Las Vegas Boulevard, at the One Las Vegas twin tower high-rise, nine condos sold in January, including several of its large three-bedroom residences. Of note, they were sold almost exclusively to out-of-town buyers. According to Vaknin the company experienced an increase in cash-deals during January including six of the nine sales at ONE Las Vegas and four of the 12 deals at Juhl.
Further, Las Vegas continues to be an economic powerhouse. A world-class destination for hospitality, the city is now globally entrenched as “The City of Entertainment AND Sports.” The NFL Las Vegas Raiders will kick-off for the first time at Allegiant Stadium this fall and the NFL Draft will have its Las Vegas premier in April. The NHL Golden Knights continue to play to standing room only crowds and the Las Vegas Aviators AAA baseball team continues to be a homerun for locals and visitors alike. Not to mention the growing popularity of the WNBA Aces and Las Vegas pro soccer team, the Las Vegas Lights.”
Innovation and transportation will grab the limelight in 2020 as well. Virgin Trains USA will begin work on its $4.8 billion high-speed train between Las Vegas and Southern California including an expansive passenger terminal on South Las Vegas Blvd complete with retail. Additionally, Elon Musk’s innovative underground transportation system using Tesla cars beneath the Las Vegas Convention Center is well on its way to fruition, making Las Vegas the only destination to offer an underground transportation solution for moving visitors throughout a convention center.
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