Hotel · Atlantic City
Borgata Hotel Casino & Spa
—, Atlantic City
Verified
sourcedmodeled1 of 7 sourced
Ownership & debt
Ownership chain & debt stack
Owner of record: VICI Properties Inc. (NYSE: VICI).
1 recorded holder, with each holder's interest percentage and class.
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: Single source — MGM Resorts International / MGM Growth Properties (joint press release, PR Newswire) · https://www.prnewswire.com/news-releases/mgm-resorts-international-and-mgm-growth-properties-llc-announce-transactions-to-acquire-borgata-hotel-casino--spa-300277155.html · observed 2016
- Ownership — VICI Properties Inc. (NYSE: VICI): Single source — sec.gov · https://www.sec.gov/Archives/edgar/data/1705696/000170569626000034/vici-20251231.htm
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.