Vegas Grand

Las Vegas, Nevada

 

Units: 980

Sales & Marketing: Del American

Contractor: N/A

Construction Lender: Lehman Brothers

Construction Loan: $25,000,000

Investor: Lehman Brothers

Started: 2004

Sold: 2007

Sale Value: $75,460,000

 

Vegas Grand is located on E. Flamingo Road 1.5 Miles East of the Strip in Las Vegas, Nevada. Del American rezoned, entitled and developed the 20 acre site into 5 MF Development pads for 980 total units in 4 to 12 Story buildings.