The Siegel Group Completes Acquisition of Las Vegas Hotel
LOS ANGELES (Business Wire EON) October 31, 2007 -- Stephen Siegel, President and Chief Executive Officer of The Siegel Group, said: "This is the third incredible location in Las Vegas that we have acquired and closed on in the last three weeks. Siegel Suites Tropicana is a new property with beautiful amenities and no deferred maintenance and it will further strengthen both our presence in the Las Vegas market and our growing Siegel Suites portfolio."
About The Siegel Group, Inc.
The Siegel Group, a Commercial Real Estate & Business Development Company with offices located in Las Vegas, Nevada, and Studio City, California, is a full-service real estate investment and development company founded by Stephen Siegel with expertise in acquisitions, financing and development, and property management, leasing and rehabilitation. The Company's Real Estate Division manages the firm's acquisition, disposition, and development of commercial real estate, a portfolio comprised of multi-family and Flexible-Stay units, commercial shopping centers, office buildings, and hotel developments. For more information on The Siegel Group and its affiliates, visit the Company's website at www.siegelcompanies.com.
About Siegel Suites
Siegel Suites, a registered trademark of SASCO Properties, was formed by Stephen Siegel to manage and brand his multi-residential holdings. With a portfolio of traditional apartment units and Flexible-Stay residences, Siegel Suites is able to provide quality accommodations with a host of amenities to customers seeking short and long-term accommodations with a number of properties offering fully furnished units and complimentary utilities. With thousands of units throughout Nevada, Siegel Suites is quickly becoming the largest provider of multi-family accommodations in Las Vegas.
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