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VICI Properties Inc Announces Partnership With Canyon Ranch With Investment in Canyon Ranch Austin in Austin, Texas
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VICI Properties Announces Release Date for Third Quarter 2022 Results
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VICI Properties Inc Invests in Great Wolf Lodge Gulf Coast Texas
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VICI Properties Inc. (NYSE: VICI) (“VICI,” “VICI Properties” or the “Company”), an experiential real estate investment trust, today announced it has closed on the previously announced acquisition of MGM Growth Properties LLC (NYSE: MGP) (“MGP”). Upon completion of the merger, VICI will have an estimated enterprise value of approximately $44.0 billion, firmly solidifying VICI’s position as the largest experiential net lease REIT while also advancing VICI’s strategic goals of portfolio enhancement and diversification.Simultaneous with the closing of the MGP acquisition, the Company entered into an amended and restated triple-net master lease with MGM Resorts International (NYSE: MGM) (“MGM Resorts” or “MGM”).