MGP News and Press, MGM Growth Properties LLC Class A representing limited liability company interests From 11/09/21

While Sam Zell has definitely made a mistake or two along the way, he doesn’t call those mistakes successes. And he doesn’t make mistakes he can’t come back from. But there’s a reason behind that, and it’s not just that he’s worth so much,...

Right now, net lease REITs are stuck below all-time highs and underperforming because we are in a high inflation/rising rates environment. Soon enough, however, we should return to a low inflation/low rates environment, which is ideally suited for net lease REITs. Consumers are st...

MGM Growth Properties (NYSE:MGP): Q3 FFO of $0.65 beats by $0.06. Revenue of $194.3M (flat Y/Y) misses by $5.42M. Press Release For further details see: MGM Growth Properties FFO beats by $0.06, misses on revenue

How is it possible to have both a "safe" and "high-yield"? We will show you how. Whenever a REIT is paying too much in dividends, it’s not in good shape to handle whatever’s around the corner. For further details see: 3 Safe High-Yielding REITs To Help You ...

U.S. equity markets advanced for the fourth straight week on strong corporate earnings reports while investors expressed relief over continued setbacks and cuts in the Biden Administration's tax-and-spending agenda. The fate of trillions of dollars of government spending and tax hikes...

VICI Properties (NYSE:VICI) announced that stockholders approved the proposal to issue VICI common stock related to the earlier announced strategic acquisition of MGM Growth Properties (NYSE:MGP). At the VICI Properties Special Meeting of Stockholders held today, more than 99.9% of the votes ...

We're at the halfway point of another newsworthy real estate earnings season with roughly 75 REITs reporting third quarter results. We discuss the highlights and major developments thus far. Consistent with the trends seen across the broader equity market, REIT earnings have generally...

Credit Suisse is upgrading shares in MGM Resorts from Neutral to Outperform. It believes "the market is not giving (the company) enough credit." Similarly, we’re of the opinion that VICI isn’t getting enough positive attention right now. I support its quest to become...

Casinos are well positioned with high cap rates and profitable tenants. VICI, upon acquiring MGP, will be the dominant casino owner in the country. I see nice growth ahead and an attractive valuation. For further details see: The Best Way To Buy VICI Is Still Through MGM...

There is little arb opportunity left in the MGP-VICI deal but also low risk of it falling through. Owning MGP now will get you VICI at a 1.6% discount and a slightly higher dividend before the merger closes. The combined REIT will own one-of-a-kind properties on the Las Vegas Stri...