Apollo Funds and VICI Simultaneously Enter Long-term Real Estate Triple Net LeaseNEW YORK, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today announced that funds managed by its affiliates (the “Apollo Funds”) have completed the acquisition of the operations of The Venetian Resort Las Vegas and the Venetian Expo in Las Vegas (“The Venetian”) from Las Vegas Sands Corp. (NYSE: LVS) for approximately $2.25 billi
The resort operator has underperformed major benchmarks by a country mile in 2021, trading deeply in negative returns,