Realty Income invests $800M in 2 Las Vegas resorts

This story was originally published on Hotel Dive. To receive daily news and insights, subscribe to our free daily Hotel Dive newsletter. Dive Brief: Realty Income has signed a definitive agreement to make an $800 million perpetual preferred equity investment in the real estate of Las Vegas’ CityCenter complex, comprising Aria Resort & Casino and Vdara Hotel & Spa, the company announced Tuesday. The property is owned by funds affiliated with Blackstone Real Estate, which will retain 100% of the common ...