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VICI Properties Increases One Beverly Hills Investment to $1.5 Billion
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VICI Properties Increases One Beverly Hills Investment to $1.5 Billion
Mar 23, 2026 7:54 AM

10:41 AM EDT, 03/23/2026 (MT Newswires) -- VICI Properties ( VICI ) said Monday it increased its investment in the One Beverly Hills real-estate venture in California, committing a $1.5 billion mezzanine loan, up from its prior $450 million investment in the project being developed by Cain International and Eldridge Industries.

In a separate statement, One Beverly Hills said it finalized $4.3 billion in financing to complete the development, including a $2.8 billion senior loan led by JP Morgan Chase (JPM) and the mezzanine loan from VICI.

VICI shares rose 1.3% in Monday trading, and JP Morgan gained 2.1%.

Price: 27.18, Change: +0.35, Percent Change: +1.30

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