• VICI Properties outlined a new partnership with Club Med tied to the acquisition of the Carambola Beach Resort in St. Croix.
• VICI bought the resort, leased it to Club Med under a long-term triple-net structure, and will fund redevelopment through a build-to-suit arrangement.
• Total investment outlined at about $75 million, including about $55 million of redevelopment capital.
• Lease set for a 15-year initial term with two 10-year extension options.
• Construction expected to start in summer 2026, targeting reopening in Q4 2027 under Club Med’s Exclusive Collection.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VICI Properties Inc. published the original content used to generate this news brief on June 12, 2026, and is solely responsible for the information contained therein.