RETAIL’S REAL ESTATE REVERB: Despite the economic downturn and falling consumer spending, retail development in Southern Nevada remains strong.
SUPPING ON SOMETHING SUMPTUOUS: Vegas Uncork’d, a gathering of world-renowned gourmands and food groupies, is seeking new business partners to expand the culinary extravaganza.
EXECUTIVE SNAPSHOT: Kirk V. Clausen, regional president of Wells Fargo & Co., discusses his career and how he likes to relax.
THIS WEEK’S LIST: Las Vegas’ largest shopping centers and malls.
THIS WEEK’S BUSINESS PRESS POLL QUESTION
Log onto the Las Vegas Business Press Web site and let us hear your opinion on this week’s question.
Robert Cottle, a partner in the law firm Mainor Eglet Cottle, filed a lawsuit on behalf of a local homeowner accusing eight mortgage companies and other real estate professionals of fraud, negligence and breach of fiduciary duties in assisting Brad Cohen refinance his home with an adjustable-rate mortgage loan in 2005. Cohen, who can no longer afford to pay his mortgage, alleges the mortgage brokers and agents failed in their fiduciary duties by not recommending the best mortgage options for him and by falsifying his income on his loan application.
Do you believe that these lawsuits are justified and that mortgage company professionals, Realtors, appraisers and lenders should be held accountable for their roles in the run-up to the current subprime crisis?
Answer at www.lvbusinesspress.com/poll/