Wynn Resorts completes $1.7 billion sale and leaseback transaction of Encore Boston Harbor

Wynn Resorts Limited, a globally recognized developer of high quality hotels and casinos, publicly announced that it has completed the sale of the land and real estate properties of its Everett-based Encore Boston Harbor to Realty Income Corporation for 1.7 billion US dollars in cash, with key regulatory approvals and a cash rate of 5.9%.

The transaction will boost the company’s worlwide liquidity to 4.4 billion US dollars.
 
Back
Top