Brief
Iconic Nevada Resort/Casino to Receive $298M Makeover
Realberry and Proper Hospitality closed on a $298 million financing package for the redevelopment of the historic Cal Neva Hotel into Lake Tahoe Proper Resort and Casino in Nevada, slated to open in 2
Summary
Realberry and Proper Hospitality closed on a $298 million financing package for the redevelopment of the historic Cal Neva Hotel into Lake Tahoe Proper Resort and Casino in Nevada, slated to open in 2027.
The recently closed financing includes $223 million in C-PACE financing, from Nuveen Green Capital(NGC), to capitalize key energy and water efficiency...
Source
- Connect CREconnectcre.com
