Last week, Las Vegas-based commercial real estate and development company the Siegel Group announced that it had completed the sale of the Artisan Hotel Boutique to Pro Hospitality Group for $11.9 million. Alex Rizk, the owner of Phoenix-based Pro Hospitality Group, told the Las Vegas Review-Journal that he is planning a $3 million renovation of the 64-room hotel on Sahara Boulevard at Interstate 15 near the Las Vegas Strip. He said that when the regulations…
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