Blackstone Real Estate Income Trust Completes Acquisition of Bellagio Real Estate From MGM Resorts International
November 19, 2019
November 19, 2019
NEW YORK, Nov. 19 -- Blackstone, an investment firm, issued the following news release:
Blackstone Real Estate Income Trust ("BREIT") and MGM Resorts International ("MGM Resorts") (NYSE: MGM) today announced the closing of the previously announced 95%/5% BREIT-led joint venture with MGM Resorts to acquire the real estate assets of the Bellagio for $4.25 billion in a sale-leaseback transaction.
As part of the transaction, MGM Resorts has leased the pr . . .
Blackstone Real Estate Income Trust ("BREIT") and MGM Resorts International ("MGM Resorts") (NYSE: MGM) today announced the closing of the previously announced 95%/5% BREIT-led joint venture with MGM Resorts to acquire the real estate assets of the Bellagio for $4.25 billion in a sale-leaseback transaction.
As part of the transaction, MGM Resorts has leased the pr . . .