Blackstone Real Estate Income Trust, Inc., or BREIT, and VICI Properties Inc, currently the owner of a 50.1% interest in the joint venture that owns MGM Grand Las Vegas and Mandalay Bay Resort, announced today that they have entered the agreement allowing VICI to acquire BREIT’s 49.9% interest in the joint venture.
VICI Properties is a real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality, and entertainment destinations, including Caesars Palace Las Vegas.
VICI Properties is a real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality, and entertainment destinations, including Caesars Palace Las Vegas.