CAI Investments, a Las Vegas company, has executed a term sheet to develop an $18 million, 125-room Starwood Hotels-branded limited-service hotel near Las Vegas Motor Speedway. Construction of the hotel at Speedway Boulevard and South of Interstate 15 is slated to start in July 2016 and last 12 to 14 months. Christopher Beavor, managing partner of CAI, said the company … [Read more...] about CAI Investments Launches Hotel Project Near Las Vegas Motor Speedway