Transformative Acquisitions: MGM Growth Properties & The Venetian Resort
INCOME FROM INNOVATIVE FINANCING SOLUTIONS CREATES CURRENT AND
POTENTIAL FUTURE VALUE
STRATEGIC, SECURED CAPITAL ALLOCATION CAN PROVIDE VICI A PATH TO FUTURE REAL ESTATE
OWNERSHIP
Investment
Forum Convention
Center Mortgage Loan
Chelsea Piers
Mortgage Loan
Great Wolf Resorts
Mezzanine Loan
VICI
Borrower
Principal
Balance
Future Funding
Commitments
Interest
Rate
Final
Maturity
Caesars
Entertainment
$400.0mm
7.85% (1)
9/18/2025
Chelsea Piers
New York
$65.0mm
$15.0mm
7.00%
8/31/2027
Great Wolf Resorts
$19.2mm
$60.3mm
8.00%
7/9/2026
Note: Please see Note 4 - Real Estate Portfolio in the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 for further information.
(1) The interest rate of the Caesars Forum Convention Center Mortgage Loan is subject to 2.0% annual escalation.
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