NEW BUILDING FINANCING

David continues to actively engage with potential lenders to secure financing for a new facility. This new building is crucial for Local 720 to meet the evolving needs and accommodate the growth of the union, solidifying its position as the driving force behind entertainment in Las Vegas, the entertainment capital of the world. This is an ongoing project that will continue until construction is completed.

There are two phases to this financing. In the first phase, Local 720 must qualify for a Construction loan. This is how the project is through the final inspections and Local 720 moving into a new facility. The second phase is converting the loan to long-term financing. These are intertwined parts of a financing package.