3 Tips for Buying Commercial Real Estate

August 16, 2010  |  

(Blackenterprise) — Real Estate mogul R. Donahue Peebles, owner of Miami-based Peebles Corp. spoke with Black Enterprise about his most recent venture, a majority ownership in The Mardis Gras Hotel & Casino, a 320-room hotel and casino located across the street from the  Las Vegas Convention Center. He plans to develop the property, along with 14 acres of land he owns nearby, and unveil it as the Las Palmas Resort and Casino when the market recovers.  The $2 billion development will be a full-scale convention center resort and casino featuring both a three-, four-, and five-star hotel which will be flagged and branded by Best Western.

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