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Tag Archives: CityCentre

US – CityCenter sells of land for retail and fine dining development

CityCenter Holdings, a venture between MGM Resorts International and Infinity World Development Corp, has entered into a definitive agreement to sell its two-acre site to 63SLVB, LLC, owned by locally-based long-time national retail developers Brett Torino of Torino Development and Paul and Dayssi Kanavos of Flag Luxury, for approximately $80m. Located in the heart of…

US – CityCenter closes sale of Mandarin Oriental Las Vegas

CityCenter Holdings, a venture between MGM Resorts International and Infinity World Development Corp, has completed the sale of the Mandarin Oriental Las Vegas and adjacent retail parcels for $214m in cash. CityCenter expects to use the proceeds from the sale to pay a dividend to its shareholders. “CityCenter has continued to deliver strong operating results…