CAI Investments

Caesars, VICI Properties Close $42M Sale of Historic Reno Hotel

The new owner plans to transform Harrah’s Reno into a mixed-use property dubbed Reno City Center.

Caesars Entertainment, VICI Properties to Sell Louisiana Casino

The new owner paid $22 million to acquire the Bossier City asset, which has been operating at 25 percent capacity since its reopening in May.

Harrah’s Reno Hotel. Image via Google Street View

Caesars, VICI to Sell Reno Hotel

The partnership has agreed to sell the asset to an affiliate of CAI Investments for $50 million.

Tempe Westin. Image courtesy of CAI Investments

CAI Investments Secures $87M for Arizona Hotel

The 18-story, 290-key Westin in downtown Tempe is slated to open in the second quarter of 2021.

Marriott Breaks Ground on Las Vegas Hotel

CAI Investments is developing the 284-key luxury project, which marks the first property in the city to open under the Delta Hotels umbrella.

Larry Grantham, co-founder & portfolio manager, Calmwater Capital

CAI to Develop Mixed-Use Retail in Vegas

The developer of the upcoming shopping center has already signed pre-leases with national tenants, and plans to re-sell or develop the remaining square footage.