MGM Growth Properties

MGM Growth Properties, LLC
FoundedOctober 23, 2015; 9 years ago (2015-10-23)
DefunctApril 29, 2022; 2 years ago (2022-04-29)
FateAcquired by Vici Properties
Headquarters,
United States
RevenueIncrease $881 million (2019)
Increase $275 million (2019)
Total assetsIncrease $11.9 billion (2019)
Total equityIncrease $6.9 billion (2019)
Footnotes / references
[1]

MGM Growth Properties, LLC (MGP) was a real estate investment trust based in Summerlin South, Nevada, that invested in large-scale casino properties. The company had whole or majority ownership of 15 properties, all of which were operated by MGM Resorts International. The company leased the properties to MGM Resorts via triple-net leases.[1] The company was acquired by Vici Properties in April 2022 for $17.2 billion.

  1. ^ a b "MGM Growth Properties LLC 2019 Form 10-K Annual Report". U.S. Securities and Exchange Commission.