Breaking News

VICI is acquiring a market-leading property, and leasing it out at an effective 7.9% cap rate to Penn National Gaming.

Apparently it is also rebranding Crystal City as National Landing.

Hayden was a legendary figure in the industry for his charismatic storytelling ability, his proudly old-school work ethic and values, his generous mentorship and wise advice to the countless young people who sought it, and his bottomless loyalty to family and friends.

The offering listed 45 million of its ordinary shares at $17 per share.

“We remain bullish on the current operating environment as well as the long-term fundamentals supporting grocery-anchored shopping centers, and this merger demonstrates our unwavering confidence in the asset class.”

The deal is following Blackstone's exit from its position in Hilton last week.

The transaction will consist of 50% of Annaly shares and 50% cash.

Brookfield Property Partners plans to develop incubator retail at four Bleecker Street properties while a family office acquires 416 Washington St.