VICI to Acquire Blackstone’s Interest in MGM Grand Las Vegas and Mandalay Bay Joint Venture
NEW YORK—Blackstone Real Estate Income Trust, Inc. (BREIT) and VICI Properties Inc. announced jointly that they have entered into a definitive agreement in which VICI, currently the owner of a 50.1 percent interest in the joint venture that owns MGM Grand Las Vegas and Mandalay Bay Resort, will acquire BREIT’s 49.9 percent interest in the joint venture for cash consideration of approximately $1.27 billion and VICI’s assumption of BREIT’s pro-rata share of the existing property-level […]
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JLL Capital Markets Arranges Financing for The Sandbar Hotel
BOSTON—JLL Capital Markets announced that it arranged $7.59 million in financing for The Sandbar H
Hyatt Brings Dream Hotels Onto World of Hyatt Loyalty Program
CHICAGO—Hyatt Hotels Corporation announced the completion of the integration of the Dream Hotels b
Hyatt Brings Dream Hotels Into World of Hyatt Loyalty Program
CHICAGO—Hyatt Hotels Corporation announced the completion of the integration of the Dream Hotels b
