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Deutsche Bank sells Vegas casino for $1.73 billion

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Deutsche Bank is selling the swanky but unprofitable Cosmopolitan of Las Vegas resort and casino on the Strip to Blackstone Real Estate Partners VII for $1.73 billion. The last major Las Vegas resort approved before the Great Recession, the $3.9-billion Cosmopolitan was built by Deutsche... Reported by L.A. Times 9 hours ago.

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