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Alberta

VICI acquires 4 PURE casinos in Alberta: $271.9M

Don Wilcox Commercial Hotels and Resorts Lethbridge Jan. 9 2023

UPDATED: U.S.-based VICI Properties has acquired the real estate assets of four casinos and gaming facilities in Alberta from PURE Canadian Gaming for $217.9 million, the firm announced Monday morning.

$2.7B Concert fund gets new name, diversifies into multires

Steve McLean Commercial Funds Ontario Jan. 4 2023

Concert Properties' management will diversify the CREC Commercial Fund LP by adding multiresidential rental properties to its mix of industrial and office assets, and has renamed it as Concert Income Properties Fund LP.

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