News

CAI Investments, LLC, a property manager/developer and private placement sponsor, has purchased a Class A office building in Carson City, Nevada for an undisclosed price. Located at 3850 Arrowhead Drive, the three-story, 96,000-square-foot building is leased to Harley Davidson Financial Services, a subsidiary of Harley Davidson, Inc. (NYSE: HOG) and sits on approximately 10 acres…

TEMPE, Ariz., Aug. 21, 2019 /PRNewswire/ — CAI Investments, LLC is pleased to announce that it closed the construction loan for the Westin by Marriott hotel in Tempe, Arizona. Construction on the Westin began in March 2019 and the anticipated opening is the second quarter of 2021. “We are pleased to have closed the construction…

Two national chains scoop up land parcels in Las Vegas at strong 3.7% and 4.1% cap rates. The retail market is heating up in Las Vegas. CAI Investments has developed and sold two of the land parcels in its larger 3883 Flamingo Center mixed-use project in Las Vegas, which will include a hotel and apartment…

The Palms Casino is getting a new neighbor. Developers are working on a new project that will include restaurants, apartments and a hotel. Christopher Beavor, CEO of CAI Investments, said more industries are moving out of the area, making room for projects like his. He showed FOX5 renderings of the development near Flamingo and Valley…

Construction of a mixed-use project next to the Palms is underway, with Chick-fil-A, an upscale hotel and a luxury apartment complex set to start taking shape this year, developers said.

WHAT: Del Taco Restaurants, Inc. (NASDAQ: TACO), the nation’s second leading Mexican quick service restaurant* (MQSR), is celebrating the official grand opening of its newest Arizona location in Goodyear (1901 North Pebble Creek Parkway) with a ribbon cutting ceremony.