Looks like the sale of the Cosmopolitan Hotel may be finalized, according to the Real Estate expert Robin Leach?
Actually it's my understanding that Robin Leach has a deposit on a unit at the Cosmopolitan, so he might actually have an inside track into what's going on.
You can read more about it here
http://www.lasvegasweekly.com/blogs/luxe-life/2008/may/29/--rocks-cosmopolitan-focus-sale-chatter/
CondoHotel Forums
http://www.condohotelforums.com/article.php/20080529085500572