NEW YORK CITY–(BUSINESS WIRE)–VICI Properties Inc (NYSE: VICI) (“VICI Properties” or “VICI”), an experiential realty investment company, introduced today that it has actually gotten the realty properties of PURE Casino Edmonton in Edmonton, Alberta, PURE Casino Yellowhead in Edmonton, Alberta, PURE Casino Calgary in Calgary, Alberta, as well as PURE Casino Lethbridge in Lethbridge, Alberta, from PURECanadian Gaming Corp (“PURE” as well as such realty properties, the “PURE Portfolio”) for an accumulated acquisition rate of about C$ 271.9 million (US$ 200.8 million). VICI funded the transaction with a mix of cash money accessible as well as from attracting down funds under its existing rotating credit scores center in Canadian bucks.
Simultaneous with the purchase, VICI became part of a triple-net master lease arrangement with PURE (the “PURE Master Lease”) covering the PURE …
