Soffer reacquired the property with a new financial partner - Koch Real Estate Investments - in order to finish it. The pandemic further halted the facility’s construction until Soffer repurchased the development in 2021 for an undisclosed amount. The project lost financing in 2009 which sparked changes of ownership. The property, which is owned by real estate developer Jeffrey Soffer, has gained approval from the NGCB following an arduous construction and financing process that began in 2007. It's going to bring Las Vegas to another level.' 'Everyone is going to be very happy with the product. A marquee hospitality and entertainment brand is entering a new casino and legal sports betting market.įontainebleau Las Vegas has received licensing approval from the Nevada Gaming Control Board to open the $3.7 billion resort by the end of December, according to the Nevada Independent.
