WarHorse Gaming LLC Secures $300 Million Construction Loan From U.S. Bank And Others For Nebraska Casino Expansions

The asset involved in this context is a development site located at 6303 Q Street in Omaha, NE. The project is backed by a substantial loan amount of $300,000,000, specifically designated for construction purposes. This funding is aimed at facilitating various expansions and upgrades associated with the WarHorse Gaming LLC’s casino operations.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $300,000,000
• Lender: U.S. Bank, Capital One, KeyBank, Huntington National Bank, BOK Financial & Comerica Bank
• Landlord: WarHorse Gaming LLC
• Loan Type: Construction

The refinancing deal was structured as a five-year arrangement, primarily led by U.S. Bank. It is intended to support a $70 million upgrade project in Lincoln, along with the completed expansion in Omaha and a new casino project in South Sioux City that is set to commence construction next summer.