Hotels only · No pay-to-rank · Advice first; verified when attested
Public tape · 161 of 282 · 2020
Combined real-estate sale-leaseback. Harbor does not split the $4.6B into two invented hotel prices. Not a rooms-only comp.
$4.60B
Cited consideration · 9300 keys
Two hotel-casinos in one real-estate sale-leaseback to MGP / Blackstone vehicles.
MGM / MGM Growth Properties announcements, 2020
News or press — not a filing. Harbor will not invent a confidential consideration.
Deal FrameLiving packetLabeled estimateCompare this tape2020 cited corpus
Source
MGM / MGM Growth Properties announcements, 2020
https://investors.mgmresorts.comDesks on the graph
Attached when a press release or public pattern names the firm. Not an unpublished book.
Estimate ↔ tape
Cited consideration on the left. Harbor’s labeled defaults on the right. A gap is a question, not a bid. Portfolio tapes and seller paper stay footnoted. Not an appraisal.
9300 keys
No desk hotel on this tape
Las Vegas · worksheet vs tape PPK
Two hotel-casinos in one real-estate sale-leaseback to MGP / Blackstone vehicles.
MGM / MGM Growth Properties announcements, 2020
News or press — not a filing. Harbor will not invent a confidential consideration.
Same house or same market · 1
Same hotel first, then the same market and segment. Structure footnotes stay on the tape. This is not a paid comps service.
The Venetian Resort Las Vegas · 7092 keys · Upper upscale
Consideration
$6.25B
$881k / key
Ops to Apollo affiliates; real estate to VICI. Includes expo and gaming.
Las Vegas Sands / VICI Properties press releases, 2021–2022
Las Vegas Sands sold The Venetian Resort. Structure split operations and real estate. $6.25B is not a rooms-only hotel sale. Expo, retail, and gaming are inside the number.