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Hyatt Lake Las Vegas real estate is being purchased by Loews Hotels in Henderson real estate. Hyatt Lake Las Vegas real estate will become a non-gaming hotel and its casino will be closed by the end of November. The Las Vegas hotel will then be renamed Loews Lake Las Vegas.

Loews Hotel from New York should start business officially December 8 when they take over the 493 luxury room Lake Las Vegas hotel property. The hotel’s 8,000 square foot casino will close around November 24 according to Hyatt Regency Lake Las Vegas.

Transcontinental Corporation owns the The Hyatt Lake Las Vegas, and the purchase later this month will be between Loews Hotels and a private investor. The Las Vegas commercial real estate investor would have 75 percent ownership, while Loews would have 25 percent. The purchase price is undisclosed.

Continue reading Hyatt Lake Las Vegas Real Estate Purchased By Loews Hotels December 8