Blackstone Acquires Bellagio Casino And Hotel In Las Vegas From MGM Resorts Intl
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This Retail property located in NV was sold for $4,250,000,000 over 3 years ago.
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- Location3600 S Las Vegas Blvd, Las Vegas, NV 89109, USA
- Sale Price$4,250,000,000$1,315 PPSF
- Area3,230,845 SF
- Asset TypeRetail
Deal Summary
IMAGE: Jonathan Gray, Stephen Schwarzman, Jim Murren
ADDRESS: 3600 S Las Vegas Blvd
HOTEL: @Bellagio
MARKET: Las Vegas
ASSET TYPE: Casino, Hotel, Retail
LENDER: Morgan Stanley
BUYER: @Blackstone
SELLER: @MGMResortsIntl
SALE PRICE: $4,250,000,000
KEYS: 3,950 PPK: $1,075,949
LOAN AMOUNT: $3,000,000,000
NOTE: MGM will retain 5% equity in the @Bellagio , Blackstone will lease the hotel […]
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