EKN Development Group, with assistance from financial partners Garn Development and Stack Real Estate, recently acquired the Tahoe Biltmore Lodge & Casino in Crystal Bay.
According to an Oct. 7 press release from the Newport Beach, California-based real state development firm, EKN will continue operation of the 113-room hotel and casino located on the Nevada side of Lake Tahoe’s North Shore “while finalizing plans for the development of the 15-acre site.”
According to the Washoe County Recorder’s Office, the $56,875,000 transaction closed Sept. 16, with EKN acquiring the property from Boulder Bay LLC, of which Roger Wittenberg and daughter Heather Bacon are principals.
