A Blackstone real estate investment trust and investment firm Stonepeak Partners have secured a $3.05 billion refinancing of loans backing The Cosmopolitan Las Vegas through a commercial mortgage-backed securities transaction.
Blackstone secures $3 billion refinancing package for Cosmopolitan Las Vegas
MGM-operated resort shows stable cash flow despite tourism decline
CoStar News
February 4, 2026 | 5:11 P.M.
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IN THIS ARTICLE
- Properties
- The Cosmopolitan of Las Vegas, Autograph
3708 Las Vegas Blvd, Las Vegas, NV
- Companies
- Blackstone Real Estate Income Trust, Inc.
Real Estate
- Stonepeak Partners LLC
Finance and Insurance
- MGM Resorts International
Accommodation and Food Services