Blackstone (BX) has agreed to sell its preferred equity investment in the real estate of CityCenter Las Vegas, comprising the ...
The REIT recently showcased the power of its diversified investment strategy by making an $800 million preferred equity ...
Zacks Investment Research on MSN
Realty Income's $800M CityCenter Bet: Will Diversification Pay Off?
Realty Income O is expanding its reach with an $800 million perpetual preferred equity investment in the CityCenter Las Vegas ...
Pounded by foreclosures, job losses and abandoned real estate projects, Las Vegas was a bleak place during the Great Recession. At the time, the multibillion-dollar CityCenter project on the Strip ...
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