Fontainebleau Development And Koch Real Estate Investments Secure $2.2B Construction Loan For Las Vegas Hotel

The property involved in this transaction is a hotel located at 2777 South Las Vegas Boulevard in Las Vegas. The property is owned by Fontainebleau Development - Jeff Soffer & Brett Mufson and Koch Real Estate Investments - Charles Koch. The lenders for this transaction are J.P. Morgan Chase - Jamie Dimon, Blackstone - Jon Gray, Goldman Sachs - David Solomon, Vici Properties - Edward Pitoniak, SMBD - Makoto Takashima, and Mark Walter - Guggenheim Properties. The brokers involved in the deal are Jordan (Jordy) Roeschlaub from Newmark and Dustin Stolly from Newmark.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $2,200,000,000
• Loan Type: Construction

Key individuals and companies involved in this deal include Jamie Dimon from J.P. Morgan Chase, Jon Gray from Blackstone, David Solomon from Goldman Sachs, Edward Pitoniak from Vici Properties, Makoto Takashima from SMBC, Mark Walter from Guggenheim Properties, Jeff Soffer & Brett Mufson from Fontainebleau Development, Charles Koch from Koch Real Estate Investments, Jordan (Jordy) Roeschlaub from Newmark, and Dustin Stolly from Newmark.