Business
VICI Properties Inc. Enters Into Lease Agreement With Clairvest Related to MGM Northfield Park in Northfield, OH
NEW YORK, April 21, 2026--VICI Properties Inc. (NYSE: VICI) ("VICI Properties", "VICI" or the "Company") announced today that, in connection with the closing of MGM Resorts International’s (NYSE: MGM) ("MGM Resorts") sale of the operations of MGM Northfield Park ("Northfield Park"), located in Northfield, OH, to an affiliate of funds managed by Clairvest Group Inc. (TSX: CVG) ("Clairvest"), VICI has entered into a new separate triple-net lease with an affiliate of Clairvest with respect to the r
About this update from Mgm Resorts International
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":2160,"height":670,"url":"https://media.zenfs.com/en/business-wire.com/d523a09ca20f8b77ad147fee72bcee45"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/WAP3gfsugfFfFi77a2zK4g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTI5OA--/https://media.zenfs.com/en/business-wire.com/d523a09ca20f8b77ad147fee72bcee45","width":960,"height":298},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/qAamCQH_aO3ezF7XU6V8sw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD03NDQ-/https://media.zenfs.com/en/business-wire.com/d523a09ca20f8b77ad147fee72bcee45","width":1200,"height":372}},"lazy":false},{"type":"text","content":"- VICI Adds 14th Tenant -","length":25,"tagName":"p","attribs":{}},{"type":"text","content":"NEW YORK, April 21, 2026--(BUSINESS WIRE)--VICI Properties Inc. (NYSE: VICI) ("VICI Properties", "VICI" or the "Company") announced today that, in connection with the closing of MGM Resorts International’s (NYSE: MGM) ("MGM Resorts") sale of the operations of MGM Northfield Park ("Northfield Park"), located in Northfield, OH, to an affiliate of funds managed by Clairvest Group Inc. (TSX: CVG) ("Clairvest"), VICI has entered into a new separate triple-net lease with an affiliate of Clairvest with respect to the real property of Northfield Park (the "Northfield Park Lease") and also entered into an amendment to the master lease between VICI Properties and MGM Resorts (the "MGM Master Lease") to reflect such sale.","length":800,"tagName":"p"},{"type":"text","content":"Clairvest, a top-performing private equity management firm, brings deep expertise in the gaming sector, having held ownership interests in 37 gaming assets over the last two decades across regional casinos, racetracks, suppliers, technology providers, and online gaming globally.","length":279,"tagName":"p"},{"type":"text","content":"John Payne, President and Chief Operating Officer of VICI Properties, said, "We are pleased to welcome Clairvest to the VICI tenant roster, as their established track record in the gaming sector makes this a compelling partnership. The addition of Clairvest underscores VICI’s ability to maintain continuity and stability across our portfolio while diversif...