Brownstein Hyatt Farber and Schreck LLP

Caesars Entertainment Closes Sale of the LINQ Promenade

Published

7 months ago

December 18, 2024

caesars-entertainment-closes-sale-of-the-linq-promenade

Caesars Entertainment announced the closing of the previously announced sale of the LINQ Promenade to a joint venture formed between TPG Real Estate (TPG) and the Investment Management Platform of Acadia Realty Trust (Acadia) for $275 million. Concurrent with the closing of the transaction, Caesars made a $275 million voluntary prepayment of the Term Loan B due 2030 with the proceeds from the transaction.

Latham & Watkins LLP and Brownstein Hyatt Farber and Schreck LLP represented Caesars on the transaction. Kirkland & Ellis LLP provided transaction counsel to TPG & Acadia.

Up Next

DATA.BET and Turbo Stars Align for Success

Don't Miss

The Stampede Continues with Aristocrat Interactive’s Buffalo Gold Max Power

altenar-appoints-brendon-jeacocks-as-regional-director-in-south-africa

Africa6 days ago

Altenar appoints Brendon Jeacocks as Regional Director in South Africa

Aquisitions/Mergers6 days ago

Pavilion Payments Acquires CasinoSoft

shaden-dre-shabalala-(captain-of-the-mssa-protea-esports-team-for-mlbb)-will-lead-his-brave,-and-dedicated,-team-against-madagascar-on-23-july-2025-at-19h00)

Africa5 days ago

Shaden Dre Shabalala (Captain of the MSSA Protea Esports Team for MLBB) will lead his brave, and dedicated, team against Madagascar on 23 July 2025 at 19H00)