Realty Income is investing $950 million in the landmark casino and resort.
Realty Income is investing $950 million in landmark casino and resortThe increase in the Bellagio’s value reflects the rebound of Las Vegas since the depths of the pandemic.
Blackstone is cashing in on the recovery of Las Vegas by selling a 22% stake in the Bellagio in a deal that values the asset at $5.1 billion.Continue reading your article with
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Blackstone sells Bellagio stake to Realty Income Corp. in post-COVID reboundRealty Income Corp. said Friday it will invest $950 million as part of its acquisition of a 22% stake in the Bellagio Las Vegas from Blackstone Inc.’s...
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