Real estate investment trust VICI Properties Inc.'s purchase and lease back of Harrah’s Philadelphia, a 2 million-square-foot casino in Chester, Pennsylvania, from Caesars Entertainment Corp. gives it 21 hotel and gaming properties leased to Caesars, marking a bet the value of such properties will outperform other specialty real estate.
Caesars, VICI Complete Harrah's Philadelphia Sale-Leaseback
Deal Bolsters Presence for NYC-Based Gaming Property Owner in Mid-Atlantic Region
CoStar News
December 31, 2018 | 5:11 P.M.
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IN THIS ARTICLE
- Properties
- Harrah’s Philadelphia
777 Harrah's Blvd, Chester, PA