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1301 North 98th Street
FINANCED

Vici Properties Provides $105M Construction Loan For Margaritaville Resort In Kansas City

1301 North 98th Street

Development Site
clock iconFinanced 98 days ago
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Summary

Loan
KANSAS
Development Site

Affiliates of Homefield Kansas City have secured up to $105 million in financing through a construction loan agreement offered by Vici Properties Inc. The loan is specifically for the development of a Margaritaville Resort in Kansas City, Kansas located at 1301 North 98th Street.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $105,000,000
  • Lender: Vici Properties
  • Landlord: Affiliates of Homefield Kansas City

Vici Properties Inc. will be providing the financing for the Margaritaville Resort development in Kansas City. The resort is being developed by affiliates of Homefield Kansas City, and the loan amount agreed upon is $105 million. The construction loan agreement will support the development of the resort at the address mentioned above.

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Vici Properties
Vici Properties

Details

Deal Summary
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FINANCED
IMAGE: 01/23/2024 ADDRESS: 1301 North 98th Street MARKET: Kansas City, KS ASSET TYPE: Development Site LENDER: Vici Properties LANDLORD: Affiliates of Homefield Kansas City LOAN AMOUNT: $105,000,000 LOAN TYPE: Construction NOTE: VICI Properties Inc. has agreed to provide up to $105 million in financing through a construction loan agreement for the development of a Margaritaville Resort in Kansas City by affiliates of Homefield Kansas City.

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Address1301 North 98th Street

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