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Construction begins on The Westin Tempe

The Westin Tempe has officially broken ground in the heart of Downtown Tempe on Seventh Street between Mill and Myrtle avenues. Developed by Las Vegas-based CAI Investments, the 18-story Westin Tempe will be a full-service business hotel. Participants in the ceremony included CAI Founder Christopher Beavor, Tempe Mayor Mark Mitchell, Darin Sender of Sender Associates, and Vice President of Lodging Development for Marriott International, Inc., Tiffany Cooper.

CAI to Develop Mixed-Use Retail in Vegas

The developer of the upcoming shopping center has already signed pre-leases with national tenants, and plans to re-sell or develop the remaining square footage.
An entity controlled by CAI Investments has acquired $15.2 million in senior debt for the development of a new shopping center in Las Vegas. Calmwater Capital originated the funds, with the credit …Read More >

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