When the Drew Las Vegas changed hands this month, the unfinished megaresort wasn’t acquired through a typical sale.

Clark County records show that new owners acquired debt on the north Strip hotel-casino project Feb. 11 and, the same day, gained ownership of the property from developer Steve Witkoff through a “deed in lieu of foreclosure.”

A deed in lieu, as it’s known, transfers real estate ownership while avoiding the foreclosure process. According to the document, the Drew property is valued at around $615.5 million.

It’s unclear how close the former Fontainebleau came to facing foreclosure, and terms of the transaction remain unknown.