![]() ![]() That’s a lot of interests! The most important group to our world is the hospitality and gaming investment. Who Is The Meruelo Group?Īccording to their website, the Meruelo Group is a company with ownership interests in construction and engineering, hospitality and gaming, television, radio, real estate, and food services. Rumors are that the Meruelo Group paid somewhere near the cost of renovations for the distressed asset but that hasn’t been released yet. SLS Las Vegas was purchased in 2011 for $800 million and Stockbridge and their partner at the time sbe spent more than $400 million on renovations. The casino resort that was built on the bones of the Sahara was sold by Stockbridge Real Estate to the Meruelo Group for an undisclosed amount. SLS Las Vegas | Photo Credit kennejima is licensed under Creative Commons BY 2.0 What is Planned for SLS Las Vegas?Īfter just over three years of operations, SLS Las Vegas was sold last week.
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