VICI Properties also entered into a definitive agreement with Caesars to sell approximately 18.4 acres of undeveloped land located behind the LINQ Hotel & Casino and Harrah's Las Vegas for $73.6 million.
“We are creating another avenue for owners to market their space through technology while giving tenants more efficiency and transparency in the process.”
The impact gap execution is meant to preserve affordable housing that is at risk of being acquired by a developer for renovation into market-rate housing.