Leisure and Hospitality REIT VICI Properties Focused on Experiential Real Estate

Ed Pitoniak, CEO of VICI Properties Inc. (OTC: VICI), joined Nareit for a video interview at REITworld 2017.

VICI Properties, which was formed in the second half of 2017, owns a portfolio of gaming, hospitality and entertainment destinations that are operated by Caesars Entertainment Corp., including Caesars Palace in Las Vegas.

While the portfolio consists of gaming properties, the company sees the assets fundamentally as leisure and hospitality properties, Pitoniak explained.