Wynn completes previously announced $1.7 billion encore boston harbor land and real estate sale leaseback transaction

Las vegas--( business wire )--wynn resorts, limited (nasdaq: wynn) today announced that it has completed the sale of the land and real estate assets of encore boston harbor to realty income corporation (realty income, nyse: o) for $1.7 billion in cash, representing a cash cap rate of 5.9%, having received all necessary regulatory approvals. the net proceeds of the transaction will further strengthen the company's global liquidity position to $4.4 billion.
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