Revel buyers to reopen casino as “resort destination”

Brookfield Property Partners, the winning bidder for the Revel, said the company plans to reopen the shuttered casino as a “resort destination.” The company owns casino properties including the Hard Rock in Las Vegas, and is expanding its portfolio beyond its prior focus on office and retail real estate. A Brookfield spokesperson did not say when the Revel could reopen. Read the Bloomberg story here

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