Flamingo Property

3883 West Flamingo Road Las Vegas, NV 89103
Hotel | Gaming | Retail | Residential

This Project consists of +/- 8.6 Acres and is located on the southwest corner of Valley View and West Flamingo Road directly east of the Palms Hotel Casino. The site’s location just west of Interstate 15 gives the property remarkable panoramic views of the world-famous Las Vegas Strip. The site lends itself to a number of potential uses including the development of a QSR, Bank, +/- 250 Room Hotel and High End Multi-Family Residential Unit. Las Vegas is once again among the leading expanding economies in America with record economic activity expected for the next few years. In 2015, Las Vegas set visitation records with over 40 million tourists coming to the city. The subject property is a tremendous opportunity to capitalize on the resurgence of the Las Vegas economy and participate in its future.


Tempe Property – 266 Hotel


Caroline’s Court

Location us 95 & Durango

Location: Las Vegas, NV
Investment: Development Project
Strategy: Commercial Development

11.87 Acre, Lowes anchored shopping center which includes 6 pads for build to suit / ground lease, a 14,900 Sq.ft Inline Building that is 100% occupied, a corporate leased Del Taco, a corporate leased Jack in the Box and a 4.81 Vacant land parcel for development.

 


Wyndham Bay Point Resort

Acquired: April 2014
Location: Panama City, Florida
Investment: CaiCap Portfolio
Strategy: Commercial Hotel Property Rehab and Reposition

Cai Investments LLC through Cai Investments Series 15 LLC  are focused on providing secure, attractive investment returns through the strategic acquisition and asset management of distressed real estate based assets in strengthening  U.S.  Markets of stability and growth.

Cai Investments Series 15 LLC completed the acquisition “CLOSED” on the Baypoint Resort Hotel and Convention Center on May 23, 2014. The Wyndham Baypoint Resort consists of 300 +/- acres ocean front property, two 18 hole golf courses one of them the only Jack Nicklaus Course in Northwest Florida, 319 Hotel Rooms consisting of 120 Golf Villas located on the Nicklaus Course with an additional 199 hotel rooms adjacent to the water front of St. Andrews Bay overlooking the Gulf of Mexico, 40,000 sq. ft. of convention center and spa in Panama City, Florida.  This resort was built for $86,000,000 million dollars in 1987 and from 2005 to 2008 over $24,000,000 dollars of renovations were completed. This asset is irreplaceable and would cost over $100,000,000 in replacement cost to replicate this destination with amenities.


Speedway Property


300 Condominium Acquisition

Acquired: February 2014
Location: Las Vegas, Nevada
Investment: Distressed Property Rehabilitation
Strategy: Commercial Rental Property

Acquisition of distressed property, rehabilitation and rental hold.


6th Street Law Building

Acquired: 2014
Location: Downtown Las Vegas, Nevada
Investment: Distressed Property Acquisition
Strategy: Purchased property under market value. Repositioning of property and increase NOI.


Silver State Realty Building

Acquired: 2013
Location: Las Vegas, Nevada
Investment: Distressed Property Acquisition
Strategy: Purchased property under market value. Repositioning of property and increase NOI.


Scardona Bay Resort – Croatia

Acquired: 2006 – Current
Location: Croatia
Investment: CaiCap Protfolio
Strategy:  Developing and securing the largest parcel of land on the Croatian, Adriatic Coast for the development of the Scardona Bay Resort; the first of its kind master planned, mixed use resort community on the Mediterranean.   The resort will address Croatia’s need for 5 star hotels, gaming, golf, international operators and luxury homes, while responding to the increasing demand from tourism.  The company believes based on the size, location, timing, offerings and operators, the development has the potential to gain the attention of the world travel market and create a popular, exclusive name branding.  The 2,500 plus acre parcel is positioned in an inlet bay off the Adriatic Sea on the Prokljan Lake.  The site offers three kilometers of bay shoreline and is adjacent to a brand new $800 M (US) highway carrying European tourists down the Adriatic coast.

The site is located halfway between two international airports within a 25 minute drive time.  The site is accessible by sea and is centrally located between three of the largest tourist cities on the coast (Zadar, Sibinik, Split) and within a short distance of several national parks, islands and ancient landmarks and towns.   The Resort will provide three 40 acre, 5-star hotel and Casino sites; two 160 acre, 18-hole, championship, Arnold Palmer designed golf courses; a first class luxury marina; a convention center; a 40 acre mix use district and highly requested custom and semi custom, waterfront and golf course villa sites.  The development will incorporate old world, Tuscan architecture with all the modern amenities of luxury resort living while creating an exclusive destination that reflects on the history and culture of the Mediterranean.  The location and size of the site along with the timing for this development would offer operators a strategic edge over the competition in positioning for market share in Croatia’s growing tourist market while capturing new market share from emerging Eastern European Countries.  This will also provide an added flagship property for international operators that would benefit their existing customers