Regions West
$7B Loan for Las Vegas Sands?
July 3, 2008

Las Vegas Sands Corp. is considering taking out a $7 billion loan to expand and refinance debt for its endeavors in Macau, according to a Bloomberg article. Citing individuals familiar with the deal, Bloomberg reported that the casino company is in talks with lenders on the matter and, if a loan goes through, Las Vegas Sands will use the money to finance new projects in the city, including a $12 billion 20,000-room hotel and casino development. Additionally, funds may be used to repay a total of $3.3 billion in outstanding loans secured two years ago for Las Vegas Sands' Venetian Macau development, which features 600,000 square feet of gaming space, 3,000 hotel rooms, 850,000 square feet of retail and a 1.2 million-square-foot convention center.


 
Recent West Headlines
ProLogis Leases 282,000 SF to Safelite AutoGlass
Jan. 05, 2009
ProLogis has leased approximately 282,000 square feet at ProLogis Park Ontario Airport in Ontario, Calif., to Safelite AutoGlass.
Blue Rock Village 560-Unit California M-F Complex Goes for $54M
Jan. 05, 2009
Blue Rock Village (pictured), a 560-unit multi-family complex in Vallejo, Calif., has been sold for $54.4 million to a San Francisco-based private ownership group.
KBS REIT II Nabs San Jose Office for $35M
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KBS REIT II has acquired a 142,000-square-foot office building in San Jose, Calif., for $35.7 million. The property, located at 350 East Plumeria Dr., is fully-leased to Netgear Inc., a designer and developer of networking software, which houses its headquarters in the building.
Pacific Beacon Clark Opens Pioneering Military Singles Property in San Diego
Dec. 23, 2008
At Naval Base San Diego, Clark Realty Capital and the Department of the Navy opened the doors of Pacific Beacon (pictured), the first of three 18-story luxury apartment buildings in the country's first large-scale housing privatization initiative for unmarried military personnel.
GenCorp’s Mixed-Use Project Takes Next Big Steps
Dec. 23, 2008
Sacramento County’s supervisory board has unanimously approved the final environmental impact report for GenCorp Inc.’s 1,400-acre mixed-use project and amendments to the county’s general plan for the project.
 
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