Gaming & Leisure Properties Expands with $184M Sunland Park Acquisition
Gaming and Leisure Properties, Inc. has announced a major expansion of its real estate portfolio with the purchase of Sunland Park Racetrack & Casino in southern New Mexico. The real estate investment trust (REIT) is paying $183.75 million—rounded in some reports to $183.8 million—for the property, a transaction that carries an initial capitalization rate of […]
Gaming and Leisure Properties, Inc. has announced a major expansion of its real estate portfolio with the purchase of Sunland Park Racetrack & Casino in southern New Mexico. The real estate investment trust (REIT) is paying $183.75 million—rounded in some reports to $183.8 million—for the property, a transaction that carries an initial capitalization rate of […]
