LAS VEGAS—BNP Ovesco has executed a 230 million euro credit wrap designed to protect BNP Ovesco's proposed $294 million (Euro 230M) investment to fund the development of a Hard Rock Hotel, Casino and Events Center.
The proposed development is expected to cost $577 million (Euro 450M) and to take three years to build.
BNP Ovesco is a global real estate investment company specializing in financing hotel and hotel resorts with and without condominiums, office buildings, regional shopping centers and solar and wind farms internationally for well organized well capitalized projects.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
