Realty Income Secures $800 Million Investment for CityCenter Las Vegas Assets

December 2, 2025 - 11:49

Realty Income Corporation has announced a significant $800 million preferred equity investment aimed at enhancing the CityCenter Las Vegas real estate assets. This strategic move underscores the company's commitment to expanding its portfolio in prime locations.

The investment, made in collaboration with Blackstone Real Estate, is designed to fortify the financial foundation of CityCenter, which is known for its luxury offerings and vibrant atmosphere. The partnership reflects a shared vision of maximizing the potential of this iconic destination, which includes high-end hotels, residences, and retail spaces.

Realty Income, widely recognized for its monthly dividend payments, sees this investment as a pivotal step towards bolstering its presence in the Las Vegas market. The infusion of capital is expected to facilitate further development and enhancements, positioning CityCenter as a leading attraction in the region.

This move is part of Realty Income's broader strategy to diversify and strengthen its investment portfolio, ensuring long-term growth and stability in an ever-evolving real estate landscape.