Florida-based property developer Glenn Straub has finally completed his protracted purchase of Atlantic City’s Revel Casino Hotel as part of a planned $500m investment in the city.
Straub’s Polo North Country Club completed the acquisition of the casino in a cut-price $82m deal after four prior attempts to sell Revel collapsed.
Toronto-based developer Brookfield Property Partners had originally looked set to acquire the venue for $110m before pulling out of the deal. Straub was then named the [...]
