Simultaneous with the closing of the transaction, the Company entered into a triple-net lease agreement with Hard Rock International (“Hard Rock”). The Company financed the transaction with cash on hand. (NYSE: VICI) (“VICI Properties” or the “Company”) an experiential real estate investment trust, today announced it has completed the previously announced transaction to acquire all of the membership interests of a subsidiary of JACK Cincinnati that owns the casino-entitled land and real estate and related assets of JACK Cincinnati Casino (“JACK Cincinnati”), located in downtown Cincinnati, Ohio, for approximately $558 million in cash.
NEW YORK-( BUSINESS WIRE)-VICI Properties Inc.
