Cosmopolitan of Las Vegas

  • Diamond Resorts Closes IPO; Condo Resale Sets Record at Cosmopolitan

    Las Vegas’ wild entertainment and gaming environment makes some people forget that a huge amount of business is what backs up the sprawling Strip investments and luxurious resorts. Diamond Resorts International Inc., a company that owns several Las Vegas hospitality venues including Cancun Resort, Desert Resort and Polo Towers Suites has recently announced the closing of its IPO offering an aggregate of 17,825,000 shares of common stock, at the initial offering price of $14 per share. According to company data, Diamond Resorts gained net proceeds totaling $210,185,500 before deducting offering expenses payable by the company.

    Las Vegas 07 August 2013 21:15

You May Also Like

  • L3 Snags Chicago Retail Building

    The property comprises 10,141 square feet and is fully occupied by The Northern Trust Corp. Mid-America Real Estate Corp. brokered the transaction on behalf of the seller.

    19 March 2018 15:14
  • Franklin Street Closes 4 Atlanta Leases

    The transactions total 82,000 square feet and involved space at One Overton Park, a Class A office building located in the Galleria submarket.

    06 July 2018 07:01
  • The Unique Challenges of EB-5 Defaults

    While the program has been a valuable financing tool for the real estate industry, it has also attracted poorly conceived projects and abuses. Avison Young Principal Jay Maddox offers insight on what to do when things go wrong.

    16 May 2018 16:42
  • SUS America Expands Chicago Operations

    The machinery developer and producer leased a 22,500-square-foot space within the Regent O’Hare business park, marking NAI Hiffman's 10th deal at the property.

    04 January 2018 15:42
  • Economy Watch: Consumers Optimistic For Now

    American buyers feel good about their own current financial situation, but remain a little leery about the future of the economy.

    18 June 2018 08:23