Longtime developer Larry Canarelli and investment banker Viney Singal on Wednesday unveiled their new venture together, Capro Capital.
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Proposed legislation would ensure the tax still applies if the property is transferred to a business entity that was “formed for the purpose of avoiding those taxes.”
Construction crews recently turned the low-slung Cable Center Shops, Boulevard food court and outdoor Fatburger eatery with slushie bar into piles of rubble.
Much of the hotel tower is enclosed, and the resort’s agave plant logo, spanning 18 feet tall and 42 feet wide, is installed at the top of the building.
The Houston billionaire is acquiring the Hard Rock hotel-casino at Lake Tahoe and will transform it into a Golden Nugget-branded property.
One side of the street has massive resorts, but the other side has low-slung motel buildings, a boarded-up tavern and a never-finished Ferris wheel project.
A long-shuttered motel site on the Las Vegas Strip is getting a new owner: a North Dakota tribal nation that owns nearly 22 acres along the south edge of the famed resort corridor.
The office features more than 130 sports “trading” desks for oddsmakers and a 7,500-square-foot cafeteria and event space.
The housing market started the year on a slow note, and though mortgage rates have been volatile lately, buyers have been returning.
Clark County cleared the way for a guitar-shaped hotel tower to be developed at The Mirage, a project that would spell the end of the resort’s iconic volcano attraction.