Madison Capital says potential buyer has approached it over Harrah’s Reno
Madison Capital Group said a potential long-term buyer had approached it about Harrah’s Reno, according to comments by its chief executive to a local newspaper. The buyer was described as a large family office, but its identity was not disclosed. Madison said construction would continue while the deal plays out; no sale was reported as completed.
A possible sale could change ownership of the Reno property while its redevelopment continues.