LAS VEGAS (AP) -- MGM Resorts to sell MGM Grand and Mandalay Bay on the Las Vegas Strip for $2.5 billion.
The company announced the Joint Venture, which includes Blackstone Real Estate Income Trust, on Tuesday morning.
The both properties will be leased to MGM Resorts for an initial rent of $292 million.
,
Tuesday
04/01/2025
Showers
-° / 43°
36%
Wednesday
04/02/2025
Partly Cloudy
59° / 43°
17%
Thursday
04/03/2025
Clear
65° / 44°
4%
Friday
04/04/2025
Clear
71° / 47°
2%
Saturday
04/05/2025
Clear
76° / 50°
1%
Sunday
04/06/2025
Partly Cloudy
83° / 54°
0%
Monday
04/07/2025
Partly Cloudy
79° / 52°
4%
Tuesday
04/08/2025
Clear
78° / 54°
3%