The casino operator’s logo is now at the top of a new 10-story suburban office building just south of Las Vegas Ballpark.
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Some signs of an uptick follow a year in which homebuyers, locally and nationally, pulled back amid a sharp rise in mortgage rates.
Dreamscape Companies recently announced that it raised $850 million in capital and is launching a real estate investment trust.
Vici Properties, the biggest property owner on the Strip, generated $2.6 billion of revenue last year, up 72 percent from 2021.
Buildings and other structures that comprised the property are gone after Station Casinos said last summer it would demolish the property.
Nationwide, the pace of resales “waned” for the 12th consecutive month in January.
Dreamscape Companies raised $850 million and will use some of the funds to bankroll a “multi-phase renovation” of the Rio.
Some casino operators touted the benefits of owning their properties or stated they aren’t looking to sell them and rent them back.
The football boss sold the unit to David Goggins, an author, long-distance runner and former Navy SEAL.
Joe DeSimone held a ceremonial groundbreaking Tuesday for a six-story, Atwell Suites-branded hotel in the parking lot of The Pass.