tivoli: Las Vegas - Israel Investment Perspective
- 08/20/08 06:46 PM
Recently there have been some major Israeli investors in the Las Vegas market. The most often heard mentioned is EL-AD Group with their purchase of the Frontier property on the Las Vegas Strip at a record price per acre, and it now being on hold until credit markets relax. There are others as well, including EL-AD's partner in the Plaza, Nochi Dankner's multi-billion dollar IDB Developments / Property and Building that is in for 50% of the estimated $8 billion project.
Dankner's investment in Las Vegas doesn't end there. They have recently refinanced and increased their stake in Queensridge (8 comments)