Blackstone acquires the Bellagio in Las Vegas through a $4.3 billion sale-leaseback deal.
https://www.cpexecutive.com/post/blackstone-bets-…
BREIT will hold a 95 percent stake in the joint venture, while MGM Resorts will retain 5 percent of equity interest and will continue to manage the property and handle all aspects of day-to-day operations
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