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WPT's portfolio includes 109 properties across 19 US states.
The portfolio totals over 747,000 rentable square feet with 27 properties across 13 states.
The fund will target logistics real estate assets in core infill US coastal markets.
Given the current makeup in Congress, the chance of passage seems remote, although reconciliation is an option.
The acquisition includes facilities strategically positioned to reach over 60% of the US population.
Tower 16 Capital Partners has acquired a two-property, 504-unit apartment portfolio as part of its expansion plans in the market.
The investment firm buys garden-style communities in Las Vegas, Tampa and Salt Lake City.
The availability of oceanfront land in South Florida right now is extremely limited," said Dustin Salzano, CFO of U.S. Construction.
When the deal is complete, VICI will have an estimated enterprise value of $45 billion.
Starwood is encouraging Monmouth Shareholders to vote against the merger.