The Siegel Group Acquires The Mount Charleston Hotel in Las Vegas, Nevada
The Siegel Group Nevada, Inc., a Commercial Real Estate & Business Development Company and Great American Capital (GAC) today announced that the two companies have formed a joint-venture. Under terms of the agreement, The Siegel Group will acquire a 50% interest in The Mount Charleston Hotel and take managing control of the property. SASCO Properties, a Division of The Siegel Group Nevada, Inc., will immediately assume operational control of the property to correct long-standing management and deferred maintenance issues and increase the hotel’s visibility. An extensive marketing campaign will be launched and the property rebranded beginning with the name which will be changed to The Resort on Mount Charleston.
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