Hotel · Las Vegas Strip
The Cosmopolitan of Las Vegas
—, Las Vegas Strip
Verified
sourcedmodeled1 of 6 sourced
Ownership & debt
Ownership chain & debt stack
Owner of record: Cherng Family Trust.
4 recorded holders, with each holder's interest percentage and class.
Underwriting
Underwriting
Unlevered and levered IRR, equity multiple, exit math and a live sensitivity grid — built on the NOI, the debt stack and the rent roll above.
Provenance footnotes
- Current value: Single source — Casino.org · https://www.casino.org/news/cosmopolitan-las-vegas-selling-for-5-65b-mgm-buying-operating-rights/ · observed 2021
- Ownership — Cherng Family Trust: Single source — en.wikipedia.org · https://en.wikipedia.org/wiki/The_Cosmopolitan_of_Las_Vegas
Modeled figures — LTV, debt yield, DSCR, cash-on-cash, occupancy, WALT, tenant concentration are derived arithmetic, not sourced claims. Not investment advice.
Anchoring begins when the asset enters the live ledger.