{"id":286866,"date":"2023-08-25T10:15:22","date_gmt":"2023-08-25T15:15:22","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=286866"},"modified":"2023-08-25T10:23:12","modified_gmt":"2023-08-25T15:23:12","slug":"realty-income-buys-bellagio-stake-from-breit-for-950-million","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/realty-income-buys-bellagio-stake-from-breit-for-950-million\/","title":{"rendered":"Blackstone Selling Bellagio Stake to Realty Income for $950M"},"content":{"rendered":"
Blackstone\u2019s (NYSE: BX) Blackstone Real Estate Income Trust (BREIT) is selling 21.9% of its interest in the real estate of Bellagio on the Las Vegas Strip to Realty Income (NYSE: O) for approximately $950 million, valuing the iconic venue at $5.1 billion.<\/p>\n