Anatomy of a Deal – Rio Hotel & Casino CPACE Financing
When Dreamscape Companies unveiled the renovation of its Rio Hotel & Casino in Las Vegas in 2024, few could have predicted that it would stand as a case study for the evolution of hotel capital stacks. The 2,520-room resort, now under Hyatt’s Destinations brand, underwent a complete upgrade of its Ipanema Tower suites, major casino improvements, and the modernization of its central systems. A sizable portion of its financing behind that work offers insight into […]
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