VICI Properties increases One Beverly Hills loan to $1.5 billion

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VICI Properties Inc. (NYSE:VICI) has significantly increased its mezzanine loan for the One Beverly Hills development to $1.5 billion, a substantial rise from its previous $450 million investment. This loan will support the construction of the luxury mixed-use project, featuring Aman Beverly Hills, branded residences, botanical gardens, and retail offerings. VICI, Cain, and Eldridge Industries are also exploring an Experiential Cross-Capital Venture to fund experiential investment activities together.

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