Credit Suisse Provides $460M Loan For Dreamscape & Imperial Cos. To Acquire Rio Vegas Hotel. Eric Birnbaum Represents Seller, Caesars Entertainment Corp | Rio Vegas | Dustin Stolly, Christopher (Chris) Kramer, Jordan (Jordy) Roeschlaub, Nick Scribani | Hotel | Sale

Summary

Sale

NEVADA

Hotel

Dreamscape & Imperial Cos. have purchased the Rio Vegas Hotel in Las Vegas, Nevada. The hotel was sold by Caesars Entertainment Corporation. The sale price for this transaction was $516,300,000.

Summary of transaction details

Property Type: Hotel
Transaction Amount: $516,300,000

The loan for this purchase was provided by Credit Suisse in the amount of $460,000,000. The loan brokers who facilitated this transaction were Dustin Stolly, Jordan Roeschlaub, Nick Scribani, and Chris Kramer from Newmark Knight Frank.

Players

All
5

Agents
4
Agencies
1

Dustin Stolly

Co-President, Debt & Structured Finance

$5.1B Sold

Christopher (Chris) Kramer

Executive Managing Director

$2.4B Sold

Jordan (Jordy) Roeschlaub

Co-President, Debt & Structured Finance

$4.8B Sold

Nick Scribani

Executive Managing Director

$3.2B Sold

Newmark

Details

Deal Summary

SOLD

IMAGE: & SALE SPECIAL EDITION - VEGAS 🎰 LOAN IMAGE: Jordan Roeschlaub, Eric Birnbaum & Dustin Stolly SALE IMAGE: Eric Birnbaum DATE: 12/07/2019 HOTEL: @RioVegas LENDER: Credit Suisse BUYER: Dreamscape & Imperial Cos. SELLER: Caesars Entertainment Corporation LOAN BROKERS: @NewmarkKF - Dustin Stolly, Jordan Roeschlaub, Nick Scribani & Chris Kramer LOAN AMOUNT: $460,000,000 PRICE: $516,300,000

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AddressRio Vegas

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