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Ron Delano Purchases Waldor...

Ron Delano Purchases Waldorf Astoria Penthouse In Las Vegas For $11.8 Million
SOLDMixed-use

Ron Delano Purchases Waldorf Astoria Penthouse In Las Vegas For $11.8 Million

$11,800,000

$2,950/SF

Building Size

4,000 SF

Asset Type

Mixed-use

Closing

Apr 20, 2026

AI

The mixed-use property transaction involved a sale at the Waldorf Astoria, located in Las Vegas, NV. The sale price was $11,800,000, and the asset had a total square footage of 4,000, resulting in a price per square foot of $2,950.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $11,800,000
  • Buyer: Ron Delano
  • Seller: Waldorf Astoria
  • Buyer's Representative: Jacqueline Pirkle - Sotheby's International Realty
  • Date of Transaction: 04/21/2026

Jacqueline Pirkle represented the buyer, Ron Delano, in this record-setting penthouse sale at Waldorf Astoria Residences. The transaction is noted for its significant pricing and successful closure in the Las Vegas market.

Players

Jacqueline Pirkle

Sotheby's International Realty

Broker

$23.2M

vol

5 deals

Broker

Las Vegas Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.34%

Cash-on-Cash

-0.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93