The Casino at Hialeah Park obtained a big loan to help it complete its expansion.
Wells Fargo Gaming Capital, an affiliate of the banking giant (NYSE: WFC), provided a $30 million loan to Bal Bay Management, the owner of the casino and quarter horse race track managed by John J. Brunetti Sr. It’s located on 200 acres at 2200 East 4th Ave.
Wells Fargo Gaming Capital, an affiliate of the banking giant (NYSE: WFC), provided a $30 million loan to Bal Bay Management, the owner of the casino and quarter horse race track managed by John J. Brunetti Sr. It’s located on 200 acres at 2200 East 4th Ave.
The mortgage consists of a $25 million term loan and a $5 million revolving line of credit.
Source: www.bizjournals.com
