Net Lease

The gaming resort company, whose portfolio is net leased to Caesars Entertainment, last week rejected a merger bid from MGM Growth Properties in favor of moving forward as a standalone company.

The combination, which VICI's board said was “not in the best interests of the company,” would create the nation's largest triple-net lease REIT by enterprise value.

Walgreens' final $4.4-billion offer to buy Rite Aid, and CVS Health's $69-billion agreement to acquire Aetna were the major stories involving net…

And most observers believe that the market is no longer seller orientated in regard to pricing, and has instead moved to neutral.

"When you look at potential disruptions, you don't even need to go to the future," TCW's Iman Brivanlou tells GlobeSt.com. "You can look at what's already happened."

The apartment REIT's news about its medical office portfolio capped a busy Tuesday of acquisition and disposition announcements in the healthcare space.

The REIT spinoff will lease the iconic hotel/casino to Caesars Entertainment in a 15-year triple-net arrangement.

Included in the deal is a $315-million sale-leaseback to Gaming and Leisure Properties Inc., the landlord for Penn National and Pinnacle under their respective master lease agreements.