Assets | Owners |
+ Cherng Family Trust |
History
2021: Purchase of The Cosmopolitan of Las Vegas Casino Hotel for $5.65 billion
On September 27, 2021, investment giant Blackstone announced the sale of The Cosmopolitan of Las Vegas casino hotel for $5.65 billion to the family foundation Cherng Family Trust, which was founded by billionaires Andrew and Peggy Chering. The deal is expected to close in the first half of 2022. More details here.
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