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Las Vegas: Area15 developer bags $161M for expansion

CDC Gaming
CDC Gaming
·Mars

The developers of Area15 have secured more than $160 million to fund their expansion of the immersive Las Vegas entertainment complex.

New York real estate firm Fisher Brothers announced this month that it closed on construction financing for Area15’s 20-acre expansion project. The $161 million in funding includes $108 million from real estate finance group North Bridge and $53 million from investment manager Acore Capital, according to a news release.

Fisher started building the new section of the popular off-Strip destination in 2023 and expects to open it this year.

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