Rio Hotel & Casino Renovation and CPACE Loan
Sector: Consumer Products • Location: Las Vegas, Nevada, United States
Source: Hotel Management
The Rio Hotel & Casino in Las Vegas underwent a comprehensive renovation including transformation of guest suites, casino floor reimagining, upgrades to food and beverage venues, exterior enhancements, modernization of heating and cooling plant, electrical infrastructure upgrades, and convention center renovations. Peachtree Group closed a $176.5 million retroactive Commercial Property Assessed Cl
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Participants
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Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Description
Description | The Rio Hotel & Casino in Las Vegas underwent a comprehensive renovation including transformation of guest suites, casino floor reimagining, upgrades to food and beverage venues, exterior enhancements, modernization of heating and cooling plant, electrical infrastructure upgrades, and convention center renovations. Peachtree Group closed a $176.5 million retroactive Commercial Property Assessed Clean Energy (CPACE) loan to fund these renovations, enabling the owners to pay down their senior loan. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Procurement method | Obfuscated Data |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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