NYSE:VICISpecialized REITs
Did VICI’s US$1.50 Billion One Beverly Hills Mezz Loan Just Shift VICI Properties' (VICI) Investment Narrative?
VICI Properties Inc. recently expanded its long-term relationship with Cain and Eldridge Industries by providing a US$1.50 billion mezzanine loan behind a US$2.80 billion senior loan led by J.P. Morgan to help finance the One Beverly Hills luxury mixed-use development.
This financing not only deepens VICI’s role in a high-profile Beverly Hills project anchored by Aman Beverly Hills and a refurbished Beverly Hilton, it also lays groundwork for an Experiential Cross-Capital Venture that could...