MGM Resorts to Sell Las Vegas Strip Properties MGM Grand, Mandalay Bay

January 14, 2020 admin Trading Ideas Comments Off on MGM Resorts to Sell Las Vegas Strip Properties MGM Grand, Mandalay Bay

MGM Resorts International has agreed to sell the MGM Grand and Mandalay Bay casino and resort properties in Las Vegas to a new joint venture between MGM Growth Properties LLC and private equity giant Blackstone Real Estate Income Trust, Inc. The deal is priced at $4.6 billion. MGM Resorts will continue to manage and operate […] …read more

Source:: Yahoo Finance

      

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