Hotel · Las Vegas Strip
Aria Resort & Casino
3730 South Las Vegas Boulevard, Las Vegas Strip · Built 2009 · 50 floors
Partial
sourcedmodeled0 of 6 sourced
Ownership & debt
Ownership chain & debt stack
Owner of record: Blackstone Real Estate.
3 recorded holders · 2 beneficial owners · chain resolves 2 levels, with each holder's interest percentage and class.
1 debt tranche on file — lender, principal, rate and maturity.
Financials
Financial model
Effective gross income, operating expenses, DSCR, cash-on-cash, mark-to-market and replacement cost — the income side of the underwrite.
Tenants & leasing
Tenant roster & leasing
126 tenants of record, with GLA, floor, lease expiration and base rent — plus occupancy, WALT and the rollover stack.
Underwriting
Underwriting
Unlevered and levered IRR, equity multiple, exit math and a live sensitivity grid — built on the NOI, the debt stack and the rent roll above.
Provenance footnotes
- Current value: Estimated — no sourced claim on file.
- $/SF: Estimated — no sourced claim on file.
- GLA: Estimated — no sourced claim on file.
- Ownership — Blackstone Real Estate: Single source — prnewswire.com · https://www.prnewswire.com/news-releases/realty-income-announces-800-million-preferred-equity-investment-in-citycenter-las-vegas-real-estate-assets-302629555.html
Modeled figures — LTV, debt yield, DSCR, cash-on-cash, occupancy, WALT, tenant concentration are derived arithmetic, not sourced claims. Not investment advice.
Anchoring begins when the asset enters the live ledger.