![]() Apollo will pay Vici rent under terms of the deal. Vici acquired the resort’s land as a real estate investment trust, while Apollo purchased the property’s cash flow and operations. New York-based Vici, a real estate investment trust affiliated with Caesars Entertainment Inc., is paying $4 billion in the transaction. Under terms of the deal, Apollo is paying $1.05 billion in cash and $1.2 billion in seller financing in the form of a term loan credit and security agreement. announced the massive deal in March 2021. The $6.4 billion sale of those Strip properties by Las Vegas Sands Corp. ![]() (Benjamin Hager/Las Vegas Review-Journal) Venetian, Palazzo and The Venetian Expo officially have new owners. ![]() The Venetian and Palazzo on Wednesday, Feb.
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