VICI Properties Provides $140.1M Mortgage Financing For Canyon Ranch Tucson And Canyon Ranch Lenox

VICI Properties Inc., an experiential real estate investment trust, has provided mortgage financing of $140,135,000 for Canyon Ranch Tucson and Canyon Ranch Lenox. The loan was secured for the hotel properties located at 8600 E Rockcliff Rd in Tucson, AZ and 165 Kemble St in Lenox, MA.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $140,135,000
• Market: Tucson, AZ & Lenox, MA
• Lender: Vici Properties

As part of the mortgage financing, VICI Properties Inc. is providing funding to support the operations and development of Canyon Ranch Tucson and Canyon Ranch Lenox. This transaction highlights VICI Properties' commitment to investing in experiential real estate ventures, particularly in the hotel sector.