Kramer Levin client VICI Properties Inc.’s $17.2 billion purchase of MGM Growth Properties was ranked as the third largest real estate deal of 2021 by Law360. Upon completion of the merger, VICI will have an estimated enterprise value of $45 billion, solidifying VICI’s position as the largest experiential net lease REIT. The deal is expected to close in the first half of 2022. 

The Kramer Levin team advising VICI is led by Corporate partners Todd E. Lenson and Jordan M. Rosenbaum and Real Estate partners Nathalia Bernardo, James P. Godman and Tzvi Rokeach. The team also includes Real Estate partners Andrew Charles, Seth R. Niedermayer and Josh S. Winefsky, special counsel Inge Hindriks and M. Mendel Trapedo, counsel Stephen R. Senie and associates David Beiss, Thomas C. Gallagher, Dennis K. Heyman, Jacqueline Ryu, Daniel Stewart and Jennifer Weisser; Banking and Finance partner Richard E. Farley and counsel Michael McKay; Corporate special counsel Jeffrey H Taub; and associates Hillel Goldstein, Martha Petrocheilos, Jeruska Lugo Sánchez and law clerk Edwin A. Bogert; Environmental partner Charles S. Warren, special counsel Toni L. Finger and associate Julia A. Quigley; Tax partner Barry Herzog and associate Rita Celebrezze D’Souza; and Technology and IP Transactions partner Harry Rubin.

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