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The Siegel Group, Inc. is a full service commercial real estate firm based in Las Vegas, Nevada and Studio City, California.It is a developer and operator of multi-family, extended stays, flexible stays, retail, hospitality, hotel-casinos, and land development.
The resort was created by Las Vegas real estate developer John Midby. [3] It opened in 1984 as Sam's Town Gold River, later shortened to Gold River. A 25-story, 778-room hotel tower was opened in May 1990, [3] and the gaming facilities were also expanded. [4] Boyd Gaming operated the property until their contract was ended in March 1991. [5]
In addition, the real estate assets would be sold to a joint venture consisting of Cherng Family Trust (headed by Panda Express founders Andrew and Peggy Cherng), Stonepeak Partners (an investment firm), and Real Estate Income Trust Inc. (Blackstone's real estate fund). [65] [66] Both sales were finalized on May 17, 2022.
In October 2000, the hotel's name was changed to the Flamingo Laughlin. On November 29, 2005, Harrah's Entertainment announced plans to sell the resort to American Casino & Entertainment Properties (ACEP). The $170-million sale closed on May 19, 2006. ACEP was allowed to continue using the Flamingo name for up to six months after the sale.
CasaBlanca is a hotel, casino, and RV park located in Mesquite, Nevada. [2] The resort, originally known as Players Island , was opened by Players International on June 29, 1995. After struggling financially, the resort was sold to Randy Black Sr. , who renamed it as the CasaBlanca in July 1997.
The hotel is located on a parcel of private land surrounded by Lake Mead National Recreation Area, three miles from Hoover Dam. It overlooks Lake Mead and has a 17-story tower with 372 rooms. The 20,782 square feet (1,930.7 m 2 ) casino has 154 slot machines and a race and sports book operated by William Hill .
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The Ohio Real Estate Investment Trust purchased the lodge in 1970 for $6 million, [48] with the aim to lease it to the U.S. Capital Corporation, who in turn sought to sublease it to Tahoe Crystal Bay Inc. [49] The stockholders of the Ohio Real Estate Investment Trust filed a lawsuit against the company in 1973, which resulted in the Cal Neva ...
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