I haven't seen it, but it was referenced in an article from DJs., which called it an "unrated senior mezzanine floating rate real-estate loan".
Ceasar's is the new name for Harrah's, which went through a big LBO for TPG and Apollo at the peak of the market. Ton of CMBS debt.
Who is buying legacy hotel debt right now at such low yields?
Showing posts with label Harrah's. Show all posts
Showing posts with label Harrah's. Show all posts
Tuesday, December 7, 2010
Monday, September 28, 2009
Things I missed last week (and two weeks ago), and this week's calendar
Marriot is shuttering it's timeshare business - no more MVCOT deals.
Harrah's just bought Planet Hollywood's junior debt, over a week ago, I was looking the other way.
Tuesday brings retail numbers and updated home price index levels from Shiller. Natural Gas data comes out on Thursday.
Harrah's just bought Planet Hollywood's junior debt, over a week ago, I was looking the other way.
Tuesday brings retail numbers and updated home price index levels from Shiller. Natural Gas data comes out on Thursday.
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