CAI Closes $100 Million Loan to Redevelop Harrah’s Reno Hotel
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 >