The Blackstone Group announced that it would sell the opulent Cosmopolitan of Las Vegas to MGM Resorts in a blockbuster transaction. The largest casino company in Nevada buys Cosmopolitan’s resort operations for $1.625 billion, with a group of buyers, including Blackstone real estate investment trust acquired the property under the resort. The $5.65 billion agreement will finish by the second half of 2022 in total. The Cosmopolitan opened in 2010 and quickly became a destination […]