VICI Properties announced that the Company has agreed to provide a construction loan for up to $287.9 million to Great Wolf Resorts related to the development of Great Wolf Lodge in Mashantucket, Connecticut, a family resort project adjacent to the Foxwoods Resort Casino. The 549-room indoor water park resort was officially announced today during a groundbreaking event and is expected to start welcoming guests by mid-2025. This transaction represents VICI Properties’ fourth loan investment with Great Wolf for a total capital commitment of $553.4 million as part of the Company’s previously announced strategic arrangement to provide financing to support the funding of the development of Great Wolf’s pipeline.
Published first on TheFly
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