The Cosmopolitan of Las Vegas is real estate’s “most profitable single asset sale ever” for Blackstone

The transaction that saw Blackstone sell The Cosmopolitan of Las Vegas for $5.65 billion was the “most profitable single asset sale ever” for the company’s real estate business, Blackstone said in an earnings report Thursday.…

MGM Closes Acquisition Of Cosmopolitan Las Vegas

Posted on: May 17, 2022, 05:03h.  Last updated on: May 17, 2022, 05:45h. The Cosmopolitan Las Vegas is officially part of the MGM Resorts International (NYSE:MGM) portfolio of integrated resorts,…

MGM Purchase of Cosmopolitan Casino Moves Ahead

The sale of the Cosmopolitan Casino in Las Vegas is moving forward, following the Nevada Gaming Control Board unanimously approving the transfer of interest and licensing to MGM. Now, the…