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Vici more than doubled its size in 2022 by acquiring MGM Growth Properties and the Venetian complex on the Las Vegas Strip. Vici purchased the real estate of the Venetian complex from Las Vegas Sands in February 2022 for $4 billion. [37] [38] The acquisition included the Venetian and Palazzo casino hotels and the Sands Expo convention center. [38]
Jim Rhodes (born 1958) is an American real estate developer, mine operator and commercial farmer. He founded Rhodes Homes in 1985 and has developed various housing projects in the Las Vegas Valley, including the golf course communities Rhodes Ranch and Tuscany Village. In the 2000s, he was a well-known philanthropist in Las Vegas.
The Venetian Las Vegas is a luxury hotel and casino resort located on the Las Vegas Strip in Paradise, Nevada, United States. It is owned by Vici Properties and operated by Apollo Global Management. It was developed by businessman Sheldon Adelson through his company, Las Vegas Sands. The Venetian was built on the former site of the Sands Hotel ...
Panorama Towers is a high-rise condominium complex located in Paradise, Nevada. [ 1][ 2] Developed by Laurence Hallier and Andrew Sasson, the $600 million aqua-blue glass 635-unit complex sits on 8.5 acres (3.4 ha) [ 3] on Dean Martin Drive and is centrally located across from the Las Vegas Strip one-quarter mile (0.40 km) from CityCenter. [ 4 ...
39.5 acres (16.0 ha) Casa de Shenandoah is the former estate of the singer Wayne Newton who used the property as a ranch for various animals. It is located on 39.5 acres (16.0 ha) in Paradise, Nevada, in the Las Vegas Valley. Newton initially purchased five vacant acres of the property in 1966 and gradually expanded it with several houses ...
The Cosmopolitan of Las Vegas[ 1] (commonly referred to simply as The Cosmopolitan or The Cosmo) [ 2] is a resort casino and hotel on the Las Vegas Strip in Paradise, Nevada. It is owned by The Blackstone Group, Stonepeak Partners, and Cherng Family Trust and operated by MGM Resorts International. The resort includes a 100,000 sq ft (9,300 m 2 ...
The Fontainebleau Las Vegas is a resort and casino on the Las Vegas Strip in Winchester, Nevada. It is owned and operated by Fontainebleau Development and is a sister property to Fontainebleau Miami Beach, and sits on the 24.5-acre (9.9 ha) site previously occupied by the El Rancho Hotel and Casino and the Algiers Hotel.
In 2007, Whitehall Street Real Estate Funds, who owned 40% of the Las Vegas Hilton and was a passive investor in other casino properties, made an offer of $1.3 billion for the four properties. The appraisal assigned a value of $718 million to the land under the four properties. The buildings were worth $366 million.