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CalNeva Resort and Spa
Avesta's principals with Criswell Radovan were involved in the acquisition and early phases of the redevelopment and repositioning of the 220-room Cal Neva Resort and Spa.
The Cal Neva hotel, founded in 1926, saw its heyday in the 1960s when it was owned by Frank Sinatra and became a popular destination among the Hollywood and political elite. The property features 200 guest rooms among its tower, chalets, and cabins.
It also enjoys a non-restricted gaming license for a 5,300+ s.f. casino; 16,000 feet of meeting space, a full service spa, a 350 seat showroom, and the Lakeview Dining Room and famous Circle Bar.
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