Connected Realty Group

Web id#:809287

Specific Location: Las Vegas Navada
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Posting Headline:

Las vegas casino hotel investment opportunity.
Posting Description:

Here are the key points to the project.
Acquisition of Major Hotel /casino will disclose what property upon a signed NDNC agreement

Aggregate purchase price $740m
Financing sources
450m debt 1st lien position from Deutsche Bank
200m Mezzanine financing from Libe PartnersLLC
77m equity The equity will represent 57.5% of the equity after warrant dilution
renovation of rooms +20% growth in room revenue
500 additional slot machines
new F&B adds 15m to ebitda

target relaunch late 2009.

Late 2009.

Ilan Benshosan
Fax:212 213 5503
Mobile:917 957 6174

email me
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Listing details
Web id#: 809287
Price $77,000,000
Size: -
All information furnished is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and is submitted subject to errors, omissions, changes of price or other conditions, prior sales, or withdrawal without notice.
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