Venu Secures $20M Bridge Loan for Sunset Amphitheater

Venu Holding Corp has secured a $20 million bridge loan from Ryan, LLC to fund ongoing construction of Sunset Amphitheater, a 20,000-seat entertainment destination in McKinney, Texas, targeting a first-quarter 2027 opening. The facility is intended to bridge to permanent financing expected to close in the third quarter of fiscal 2026, which would fully fund the remaining construction costs. VENU emphasizes a non-dilutive financing approach that keeps the asset on its balance sheet while pursuing growth through public-private partnerships and strategic partnerships with Ryan, including tax advisory support. The company’s leadership has highlighted the ongoing collaboration with Ryan as a key element of its expansion across multiple markets, reinforcing the goal of delivering high-profile entertainment venues without equity dilution. Market coverage across outlets underscores the project’s scale and the strategic financing arrangement as central to VENU’s growth plan. Overall, the news reinforces VENU’s roadmap to complete Sunset Amphitheater through a mix of bridge financing and anticipated permanent funding, with the partnership model playing a pivotal role in sustaining momentum.