DailyDAC
Share this...

PUBLIC NOTICE OF CHAPTER 11 AUCTION: 38+ Acres on Las Vegas Strip

Bankruptcy Auction: 38.56 +/- Acres Directly on the Las Vegas Strip, Across from Mandalay Bay

Keen-Summit Capital Partners LLC and Colliers International (collectively, “Brokers”), on behalf of Kavita Gupta, the Chapter 11 Trustee (“Trustee”) for the estates of Desert Land, LLC, Desert Oasis Apartments, LLC and Desert Oasis Investments, LLC (“Estates”), announce the sale of 38+ acre, world-class property, located directly on The Las Vegas Strip, across from Mandalay Bay.

This is truly a once-in-a-lifetime development opportunity and is the most significant development site available on The Strip. The property is located in a Qualified Opportunity Zone and is perfect for a resort, gaming, retail, restaurant, entertainment, among various other potential uses. The property is being offered in whole or in parts.

The Auction date is May 19, 2020, with a bid deadline of April 30, 2020. Stalking horse offers will be considered. All offers will be reviewed and considered in advance of the bid deadline.

See more details on the flyer, and access full details by visiting www.DevelopTheStrip.com.

To request information relating to the Property/Properties, the bid procedures, the terms and conditions of the Sale, or to make any other inquiries, please call Heather Milazzo of Keen-Summit Capital Partners LLC at 646-381-9207.

About The DailyDAC Editors

The editors and editorial board of DailyDAC include preeminent restructuring and insolvency professionals, journalists, and editors. They are devoted to providing reliable and plain English education and deal intelligence about assignments, corporate bankruptcy, receiverships, out-of-court workouts and similar topics.

View all articles by The DailyDAC »

The DailyDAC Editors
>

​Subscribe to Our FREE Newsletter - DailyDAC Weekly!

​Get updated with the latest bankruptcy articles and opportunistic deals.

<