CompetitionManagement’s track record suggests superior yields from new investments, as it leverages relationships to source deals without having to participate in a bake-off with other potential buyers.
Debt RefinancingVICI continues to proactively address its balance sheet maturities, refinancing $1.3B of debt, with an early April settlement date.
Market ComparisonShares trade at just 13.4x 2025E AFFO/share, slightly ahead of the net-lease sector, though when you couple earnings growth potential with a highly transparent management team and iconic portfolio, there is potential for multiple expansion.