Cipriani Secures $190M Loan for Punta del Este Luxury Resort, Casino Project
Cipriani, a renowned international hospitality brand, has secured a substantial financial boost in the form of a $190 million loan to support its expanding luxury portfolio. The loan, provided by Beach Point Capital Management LP and Sparta Capital Management Ltd., will help fund one of the company’s most ambitious ventures yet—the Cipriani Resort, Residences, and Casino Punta Del Este, a $500 million oceanfront development […]
Cipriani, a renowned international hospitality brand, has secured a substantial financial boost in the form of a $190 million loan to support its expanding luxury portfolio. The loan, provided by Beach Point Capital Management LP and Sparta Capital Management Ltd., will help fund one of the company’s most ambitious ventures yet—the Cipriani Resort, Residences, and Casino Punta Del Este, a $500 million oceanfront development […]
