Topic - VICI Properties

Hotel Portfolio Transaction

VICI Properties Inc. to Acquire Four Properties in Alberta Canada for C$221.7 Million

VICI Properties Inc. (NYSE: VICI) today announced that it has entered into definitive agreements to acquire the real estate assets of Century Casino & Hotel Edmonton, Century Casino St. Albert and Century Mile Racetrack and Casino, each in Edmonton, Alberta and Century Downs Racetrack and Casino in Calgary, Alberta, from Century Casinos, Inc. (NASDAQ: CNTY) for an aggregate purchase price of C$221.7 million (US$164.7 million) in cash.

2023-05-17

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VICI Properties Results

VICI Properties Inc. Announces First Quarter 2023 Results

Reports 110.7% Year-over-Year Revenue Growth

2023-05-02

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Hotel Financing Connecticut

VICI Properties Inc. Provides 287.9 Million Construction Financing for Great Wolf Lodge in Mashantucket, Connecticut

The 549-room indoor water park resort was officially announced today during a groundbreaking event and is expected to start welcoming guests by mid-2025.

2023-02-02

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Hotel Transaction Las Vegas

VICI Properties Inc. Completes Acquisition of Remaining 49.9% Interest in MGM Grand Las Vegas and Mandalay Bay Joint Venture

VICI Properties Inc. (NYSE: VICI) announced today that the Company has closed on the previously announced acquisition of the remaining 49.9% interest in the joint venture that owns MGM Grand Las Vegas and Mandalay Bay Resort from Blackstone Real Estate Income Trust, Inc. for cash consideration of approximately $1.27 billion and VICI’s assumption of BREIT’s pro-rata share of existing property-level debt.

2023-01-09

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Hotel Financing Las Vegas

VICI Properties Inc. to Provide $350 Million Mezzanine Financing For3,700 Room Fontainebleau Las Vegas

Fontainebleau Las Vegas spans 25 acres and nine million square feet in a coveted location on the northern end of the Las Vegas Strip directly adjacent to the Las Vegas Convention Center, and will feature approximately 3,700 luxury hotel rooms.

2022-12-27

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Hotel Transaction Las Vegas

VICI Properties Enters Into $90.0 Million Lease Agreement with Hard Rock International Related to the Mirage Hotel & Casino in Las Vegas

Initial total annual rent under the lease with Hard Rock is $90.0 million and the lease has an initial term of 25 years, with three 10-year tenant renewal options.

2022-12-20

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