[vpFREE] Re: Blackstone Group considering sale of Cosmopolitan

 




---In vpFREE@yahoogroups.com, <harry.porter@...> wrote :

https://seekingalpha.com/news/3451513-blackstone-explores-selling-vegass-cosmopolitan#email_link


Since acquiring Cosmo from Deutsche Bank bank in 2014, the potential sale price of the property is now approximately double it's $2.2B investment (incl renovation).  Profits are strong and Cosmo now commands among the highest room rates on the Strip.



Genting group was cited as a possible buyer.


Haven't been to the north end of the strip for awhile..whats doing with their Resorts World project ?


LF

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Posted by: lfcmja@verizon.net
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