The Lucky Motel, a longtime fixture on Reno’s East 4th Street, is undergoing a full renovation supported by a multi-million-dollar financing package from NV Capital Corporation.
NV Capital Corporation has closed financing for the acquisition and extensive renovation of the Lucky Motel, located at 1011 E. 4th Street in Reno.
The borrower, FBGM Investments LLC, secured two loans through NV Capital to fund the project: a $2,050,000 first-position loan and a $1,012,000 second-position loan…