Vici Properties Inc is a real estate investment trust that primarily focuses on acquiring, owning, and managing a diverse portfolio of gaming, hospitality, and entertainment destinations
The company leases its properties to experienced operating partners, allowing it to generate stable cash flows through long-term, triple-net leases. Vici's properties often include prominent casinos and resorts, strategically positioned in key markets to capitalize on the growing demand for entertainment experiences. Through its investment strategy, Vici aims to enhance shareholder value while contributing to the vibrant gaming and hospitality sectors.
VICI Properties Inc. (NYSEVICI) (“VICI Properties”, "VICI" or the “Company”), an experiential real estate investment trust, today reported results for the quarter and year ended December 31, 2024. All per share amounts included herein are on a per diluted share basis unless otherwise stated.
VICI Properties Inc. (NYSEVICI) (“VICI” or “VICI Properties”), Cain International (“Cain”), and Eldridge Industries today announced that the parties established a strategic relationship, pursuant to a non-binding letter of intent, dedicated to investing in high-growth, experience-driven real estate. The letter of intent expresses the parties’ shared intention to work collaboratively to identify and pursue experiential investment opportunities that meet each party’s investment objectives. The collaboration launches with VICI’s $300 million investment into a mezzanine loan related to the development of One Beverly Hills, a landmark 17.5-acre luxury mixed-use development.
REITs start 2025 with modest gains. Russell 1000 and Dow Jones Total Stock Market outperform. ETFs with strong REIT performances include REZ, VNQ, and RSPR.
VICI Properties Inc. (NYSEVICI) (“VICI Properties” or the “Company”), today announced the effectiveness of its new $2.5 billion multicurrency unsecured revolving credit facility (the “Revolving Credit Facility”) that replaced its existing, and now terminated, unsecured revolving credit facility of the same size. The Revolving Credit Facility was substantially oversubscribed with strong support from 15 financial institutions.
