MGM Growth Properties LLC announced that Kathryn (“Katie”) Coleman and Charles (“Chuck”) Irving have been appointed to the Company’s Board of Directors, effective July 1, 2020. With these appointments, the Company’s Board has been expanded from 5 to 7 directors.
Ms. Coleman is a partner at international law firm Hughes Hubbard and Reed LLP and serves in several leadership roles at the firm, including as a long-standing member of the executive committee and co-chair of the firm’s corporate reorganization practice. With more than 35 years in practice, Ms. Coleman has handled a wide range of high-stakes matters, including significant litigation, acquisitions and dispositions of distressed businesses, nationwide federal government investigations, and chapter 11 restructurings for major public and private companies.
Mr. Irving is the Founder and President of Davenport Companies, a real estate firm focused on investing in the retail, residential and office sectors and offering strategic real estate advisory work for select clients. Mr. Irving has been actively involved in the real estate industry for over 35 years and has significant experience identifying, acquiring and developing real estate projects in the United States.
Paul Salem, Chairman of MGM Growth Properties said, “We are pleased to welcome Katie and Chuck to our Board of Directors. Chuck will bring decades of valuable leadership experience in the real estate industry to the Board and Katie’s strong transactional background will provide the Board with valuable insight in analyzing acquisition opportunities. We are confident their backgrounds will complement the skills of our existing board members and provide new perspectives as we continue to execute on our strategy to further grow our portfolio and return value to our shareholders.”
About MGM Growth Properties LLC
MGM Growth Properties LLC is one of the leading publicly traded real estate investment trusts engaged in the acquisition, ownership and leasing of large-scale destination entertainment and leisure resorts, whose diverse amenities include casino gaming, hotel, convention, dining, entertainment and retail offerings. MGP, together with its joint venture, currently owns a portfolio of properties, consisting of 12 premier destination resorts in Las Vegas and elsewhere across the United States, MGM Northfield Park in Northfield, OH, Empire Resort Casino in Yonkers, NY, as well as a retail and entertainment district, The Park in Las Vegas. As of December 31, 2019, our destination resorts, the Park, Empire Resort Casino, and MGM Northfield Park collectively comprised approximately 27,400 hotel rooms, 1.4 million casino square footage, and 2.7 million convention square footage. As a growth-oriented public real estate entity, MGP expects its relationship with MGM Resorts and other entertainment providers to attractively position MGP for the acquisition of additional properties across the entertainment, hospitality and leisure industries. For more information about MGP, visit the Company’s website at http://www.mgmgrowthproperties.com.