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Trey Anastasio's Divided Sky Foundation announces purchase of facility for Vermont treatment center


 
The Divided Sky Foundation, founded by
Trey Anastasio, has announced the recent purchase of a facility in Ludlow, VT to be developed as a non-profit substance use disorder (SUD) treatment center. Launched last year, Divided Sky Foundation is dedicated to delivering quality care and compassionate treatment to those affected by alcoholism and addiction.
The as-yet-unnamed center will be managed by Ascension Recovery Services, which has created successful, inclusive treatment programs in 23 states. Acquiring the facility site is the first step in a plan that also includes building renovations and program development. The center is tentatively slated to open by the end of 2021. ....

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VICI Properties and Apollo Funds Ink $6.25B Deal to Acquire Las Vegas Sands' Venetian Resort and Sands Expo Center

VICI Properties Inc. ( VICI Properties or the Company ) announced today it has entered into definitive agreements to acquire from Las Vegas Sands Corp. ( LVS ) all of the land and real estate assets associated with the Venetian Resort Las Vegas and the Sands Expo and Convention Center, located in Las Vegas, Nevada (collectively, the Venetian Resort ), for $4. ....

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Apollo Funds to Acquire The Venetian Resort and Sands Expo and Convention Center Operating Company from Las Vegas Sands


Apollo Funds to Acquire The Venetian Resort and Sands Expo and Convention Center Operating Company from Las Vegas Sands
Apollo Global Management, Inc.
Apollo Funds to Acquire Operations of America’s Premier Integrated Resort
VICI to Acquire Real Estate Assets and to Lease Back to Venetian Operating Company
NEW YORK, March 03, 2021 (GLOBE NEWSWIRE) Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today announced that funds managed by its affiliates (the “Apollo Funds”) have entered into a definitive agreement to acquire The Venetian Resort and Sands Expo and Convention Center Operating Company in Las Vegas (“The Venetian”) from Las Vegas Sands Corporation (NYSE: LVS) (“Las Vegas Sands”). ....

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Whether Active or Passive, These 2 Deep-Value Portfolios Are Shining


Whether Active or Passive, These 2 Deep-Value Portfolios Are Shining
Four months in, the 2020 Triple Net Active Versus Passive Portfolio experiment is proving to be a rewarding experience.
Feb 22, 2021 | 10:30 AM EST
Four months since inception, my 2020 Triple Net Active Versus Passive Portfolio experiment continues to provide fairly impressive early absolute results. The Active Portfolio, unveiled last Oct. 21 and Oct. 23, is up 31% but is still trailing the Passive Portfolio (up 35.2%). However, both enjoyed solid performance over the past month, rising about 6%.
Those returns, while satisfying, come against the backdrop of better performance from the Russell 2000 (up 40.3% since last Oct. 15) and Russell Microcap (up 55.2%) indices. Value also continues to rise from the ashes, with the Russell 2000 Value Index (up 43.2%) and Russell Microcap Value (up 51.7%) impressing. ....

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