The most important thing you can do right now in these uncertain times is to be more human and be patient. Lead with empathy.
In addition, the REIT states that several planned portfolio sales will likely be delayed until later this year or next year due to the lack of financing available for hotel transactions.
The REIT is acquiring the Tropicana Las Vegas hotel and casino and the land for Penn National’s Morgantown, Pa., development for a rent payment of $337.5 million.
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