Las Vegas: Downtown Grand hotel-casino seeks buyer

Las Vegas: Downtown Grand hotel-casino seeks buyer

Article brief provided by Las Vegas Review Journal
  • McKenna Ross, Las Vegas Review Journal
July 9, 2024 8:08 PM

A downtown Las Vegas hotel-casino is looking for a buyer.

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Downtown Grand, the 1,124-room property one block north of the Fremont Street pedestrian mall, is on the market, multiple industry sources confirmed. The property is owned by real estate investment firm CIM Group and operated by Fifth Street Gaming, a Las Vegas-based operator whose portfolio includes the Silver Nugget and Ojos Locos Sports Cantina and Casino in North Las Vegas and the Golden Tiki restaurant in Chinatown.

Fifth Street Gaming and the property’s agent, through New York-based firm Berkadia, did not respond to multiple requests for comment Tuesday. No listing price was available.