HHH Nevada, LLC secures funding
According to a recent press release, HHH Nevada, LLC has secured a $7M loan for land acquisition just off the Las Vegas “strip” from Kennedy Funding, a direct private lender in New Jersey. Prior to securing funding from Kennedy, HHH Nevada has been trying to secure conventional funding for the past two years with little success.
The press release also indicates that HHH Nevada recently-obtained FAA approval to build 93 feet high, which is higher than many of the surrounding parcels of land near the airport. The project is described as including a boutique hotel and state-of-the-art theater that will be close to the strip and McCarran Airport.