• The Real Deal, Sunday, August 6, 2023 3:57 AM

VICI Properties, a New York-based real estate investment trust specializing in entertainment projects, has put $150 million toward a Fort Worth wellness company’s expansion plans. Canyon Ranch, headed by CEO Jeff Kuster, creates luxury resorts and wellness clubs. "The firm has three resorts, in Massachusetts, Arizona and California, with another on the way in Austin," per The Real Deal. "Canyon Ranch plans to expand its operations across the country, with VICI’s investment aiding its growth. The company aims to build resorts in Florida, the Pacific Northwest and the Southeast Atlantic by 2030."

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