Steven Witkoff is delaying the opening of The Drew Las Vegas, a partially built casino project that was abandoned during the financial crisis.
Borrowers that are receiving financing in the current environment are finding that it is not a “one-size-fits all” market.
CIM Group bought the management and license agreement for the 46-story hotel from President Trump’s family business, after buying the hotel out of foreclosure in 2014.
The shortage of workers is likely to get worse as developers continue to open new hotels.
The deal is part of U.S. Department of Justice’s effort to recover the money that flowed through a scandal-plagued foreign investment fund.
Neil Dipaola, of outdoor lodging brand AutoCamp, talks about the company’s plans for a nationwide network of upscale trailer hotels.