CAI Investments, a property manager/developer and private placement sponsor, has closed a $100 million loan with Parkview Financial to redevelop Harrah’s Reno Hotel and Casino into a mixed-use project dubbed Reno City Center.
Parkview provided the loan to CAI affiliate, Reno City Center LLC, with equity provided by Gryphon Private Wealth Management’s opportunity zone funds. The …Read More >
CAI Investments, LLC, a property manager/developer and private placement sponsor, has completed its latest Delaware statutory offering, CAI Investments Lake Forest Global HQ DST, after raising nearly $22.8 million from accredited investors.
The offering is comprised of a Class A office building located in the Chicago suburb of Lake Forest, Illinois that serves as the global …Read More >
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 of …Read More >
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 of …Read More >
Reno-based Caesars Entertainment Inc. has parted ways with the original Harrah’s casino in downtown Reno.
On Wednesday, Caesars closed the sale of the property to Las Vegas developer Chris Beavor, founder of CAI investments, for $41.5 million.
The deal was first announced in January. A quarter of the proceeds will go to Caesars, while 75 percent will …Read More >
The original Harrah’s casino in downtown Reno is trading its slot machines and tables games for market-rate apartments and office space.
Caesars Entertainment Corp. announced Wednesday that Harrah’s Reno is set to be sold to Las Vegas developer Chris Beavor, founder of CAI Investments, for $50 million. The sale comes as Caesars aims to complete its …Read More >