Las Vegas Business Press real estate correspondent Tony Illia tells us, "Well, Tahiti Village is built. If [you]'re talking about Phase II, don't hold your breath. Consolidated Resorts filed Chapter 11. It's on ice indefinitely."
As to sales, Las Vegas Review-Journal reporter John G. Edwards wrote, "Consolidated Resorts has sold most of the timeshares at the resorts and the owner associations have enough money to maintain the properties. Also, the resort management companies that run the resorts did not file for bankruptcy."
We called Consolidated Resorts, who told LVA that it had no information on available units at 860-unit Tahiti Village, just off I-15. A Consolidated rep also told us that the company was only selling units to existing owners of Consolidated condos – a stipulation which also applies to the company's Tahiti and Club de Soleil properties on Tropicana Avenue.
