Live Breaking News & Updates on Jake Francis|Page 4

Stay updated with breaking news from Jake francis. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Blue hotel tower on Vegas Strip sold to Koch Industries arm


Blue hotel tower on Vegas Strip sold to Koch Industries arm
Follow Us
Question of the Day
By
-
Associated Press
-
Friday, February 12, 2021
LAS VEGAS (AP) - An unfinished blue-glass resort that has been under construction for 15 years on the Las Vegas Strip has been sold to a real estate affiliate of Koch Industries in partnership with the original property developer.
Koch Real Estate Investments announced Thursday it acquired the 67-story tower with Fontainebleau Development.
The hotel began construction as the Fontainebleau in 2006 and work stopped when it went bankrupt during the Great Recession.
TOP STORIES
It was renamed the Drew Las Vegas after Steven Witkoff and Miami-based investment firm New Valley LLC bought it for $600 million in 2017. ....

United States , Las Vegas , Jake Francis , Charles Koch , Jeffrey Soffer , Steven Witkoff , Koch Industries , Fontainebleau Development , Washington Times , Las Vegas Strip , Real Estate Investments , Drew Las Vegas , New Valley , Dallas Based Koch Real Estate Investments , Business Finance , Koch Real Estate Investments , ஒன்றுபட்டது மாநிலங்களில் , லாஸ் வேகாஸ் , ஜேக் பிரான்சிஸ் , சார்லஸ் கோச் , ஜெஃப்ரி சோப்பேர் , கோச் தொழில்கள் , ஃபாஂடந்‌ப்ல்ட் வளர்ச்சி , வாஷிங்டன் முறை , லாஸ் வேகாஸ் ஆடை அவிழ்ப்பு , ரியல் எஸ்டேட் முதலீடுகள் ,

Unfinished Fontainebleau-Drew project is not a solution to the Las Vegas Strip's troubles


Unfinished Fontainebleau-Drew project is not a solution to the Las Vegas Strip’s troubles
By Howard Stutz, Executive Editor, CDC Gaming Reports
February 13, 2021 at
5:00 am
I have one question for Koch Real Estate Investments, the fourth owner of the unfinished Fontainebleau-Drew project, a hulking eyesore on the northern end of the Las Vegas Strip.
Do they know a good demolition expert?
The company, the Dallas-based real estate arm of the politically uber-powerful Koch Industries, said in a statement late Thursday it acquired the development, which sits on 24 acres between the recently completed expansion of the Las Vegas Convention Center and an empty 27-acre parcel for a planned, but financially unattainable, sports arena. ....

United States , New York , Miami Beach , Las Vegas , West Hall , Las Vegas Convention Center , Howard Stutz , Jake Francis , Bobby Baldwin , Fontainebleau Las Vegas , Las Vega , Glenn Schaeffer , Carl Icahn , Steven Witkoff , Koch Industries , Visitors Authority , Fontainebleau Development , Las Vegas Convention , Koch Real Estate Investments , Real Estate President Jake Francis , Drew Las , Drew Las Vegas , Gaming Control Board , Katie Lever , Real Estate , Miami Based Fontainebleau Development ,