Simon Property Group and its joint venture partner, Invesco Advisers, have locked in a $750 million refinancing of The Shops at Crystals, a trophy luxury mall on the Las Vegas Strip. The deal allows the owners to pull $190 million in cash from the property even as visitor traffic to Las Vegas has plunged in recent months.
Simon cashes out at Las Vegas mall with $750 million refinancing
CMBS deal for The Shops at Crystals comes despite recent slide in tourism
CoStar News
April 27, 2026 | 3:54 P.M.
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IN THIS ARTICLE
- Properties
- 63 CityCenter Las Vegas
3716 Las Vegas Blvd, Las Vegas, NV
- Companies
- Simon Property Group, Inc.
Real Estate
- Invesco Ltd.
Finance and Insurance
- S&P Global
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