Realty Income and BREIT sign $950m deal for Bellagio Las Vegas stake

Realty Income and BREIT sign $950m deal for Bellagio Las Vegas stake

Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company, and Blackstone Real Estate Income Trust, Inc. (BREIT) have jointly announced a landmark deal. Realty Income has signed a definitive agreement to invest a whopping $950 million to acquire both common and preferred equity interests in a new joint venture. This venture owns a […]