The property involved in this transaction is a hotel located at 3730 South Las Vegas Boulevard in Las Vegas, NV. The asset is associated with a loan amount of $800,000,000, and the loan type is preferred equity. Realty Income Corp has provided an infusion of capital that allows for a strategic investment in Blackstone's ownership stake in the CityCenter development.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $800,000,000
• Lender: Sumit Roy - Realty Income Corp
• Landlord: Nadeem Meghji & Stephen A. Schwarzman - Blackstone
• Loan Type: Equity
• Annual Unlevered Return: 7.4%
• Triple-Net Lease Duration: 26 years
• Make-Whole Guarantee: Yes, if not reaching an 8.32% return

Key individuals in this transaction include Sumit Roy, representing Realty Income Corp, which is the lending entity involved in the preferred equity investment. Nadeem Meghji and Stephen A. Schwarzman, representing Blackstone, are the landlords who have secured the funding for the specific purpose of maintaining full common equity in the Aria and Vdara properties while also returning capital to their investors.