Bally's executes sale-leaseback on newly acquired Freedom Center site, raising up to $500 million to develop Chicago casino
Briefly

from Chicago Tribune1 year ago
Days after buying the 30-acre Freedom Center printing site, Bally's has sold the land to a Chicago real estate investment firm, leasing it back for 99 years and raising up to $500 million to help build its proposed $1.74 billion Chicago casino complex.Oak Street Real Estate Capital acquired the River West property Monday for $200 million in the sale-leaseback deal, with a commitment to provide up to $300 million more in additional funding to develop the casino.
Read at Chicago Tribune
#back #years #mississippi #step-forward #rhode-island #capital-markets
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