Real Estate, Gaming & Leisure
Real Estate, Gaming & Leisure Group
Serving clients in real estate, gaming, lodging, and leisure.
Stifel provides a range of advisory and capital raising services to companies across numerous sectors, including gaming, lodging, leisure, Real Estate Investment Trusts (REITs), Real Estate Operating Companies (REOCs), and U.K. Investment Funds with extensive experience in public underwriting of common stock, preferred stock, convertible securities, hybrid securities, and debt securities. The Group also performs financial advisory services, offering valuation, negotiation and execution expertise on mergers & acquisitions as well as providing fairness opinions and corporate structuring advice.
A leading partner in the gaming and real estate industries.
Get in touch with StifelAreas of Expertise
The Gaming, Lodging & Leisure Investment Banking Group provides a range of advisory and capital-raising services to leading public and private companies and institutional investors across numerous sectors. The Group offers its domestic and international clients advice and execution on mergers & acquisitions, capital raising (public and private equity, leveraged loans, high-yield debt, mezzanine financing), restructurings, and other financial advisory services, including fairness opinions. Areas of expertise include:
- Online Gaming Operators and Technology Providers
- Sports Betting Operators and Technology Providers
- Brick-and-Mortar Casino Operators
- Gaming and Entertainment REITs
- Slot and Floor Equipment Manufacturers
- Digital and Traditional Lottery Companies
- Native American Gaming
- Hotels, Resorts, and other Lodging Companies
- Cruise Lines, Sports Clubs, Ski Resorts, Amusement Parks, and other Leisure Companies
Stifel’s U.K. Investment Funds team implement long-term equity-issuance growth strategies and secondary market promotional activities. Stifel is a leading corporate finance adviser to more than 20 retained investment funds clients with an average market cap of over £500 million, with a leading track record for primary fundraising, through IPOs, follow-on raises, and regular issuance.
Our Investment Fund trading desk and accompanying leading automated retail electronic trading desk have extensive relationships across institutional investors, private wealth managers, and execution-only platforms.
The Real Estate Investment Banking Group provides advisory and capital-raising services to Real Estate Investment Trusts (REITs) and Real Estate Operating Companies (REOCs). Our professionals have extensive experience in public underwriting of common stock, preferred stock, convertible securities, hybrid securities, and debt securities. Additionally, the Group engages in private financing activities, including initiating, structuring, and negotiating joint ventures, entity-level private placements, and Rule 144A private placements. The Group also performs financial advisory services, offering valuation, negotiation and execution expertise on mergers & acquisitions as well as providing fairness opinions and corporate structuring advice to management teams and Boards of Directors.
Notable Transactions

Refinancing
Gaming & Leisure
Feb 2025

Follow-on Offering
Real Estate
Sep 2024

Mergers & Acquisitions
Gaming & Leisure
Apr 2024

Out-of-Court Restructuring and Convertible Notes
Real Estate
Jan 2024

Follow-on Offering
Real Estate
Jan 2024

Private Placement Joint Venture
Real Estate
Oct 2023

Mergers & Acquisitions
Gaming & Leisure
Jul 2023

Recapitalization & Private Placement
Real Estate
Jun 2023

Follow-on Offering
Gaming & Leisure
Jun 2023

Follow-on Offering
Real Estate
Feb 2023

Mergers & Acquisitions
Real Estate, Paper & Forest Products
Sep 2022

Follow-on Offering
Real Estate
Aug 2022

Tender Offer
Gaming & Leisure
Jun 2022

Follow-on Offering
Real Estate
Apr 2022

Follow-on Offering
Real Estate
Jan 2022

Follow-on Offering
Real Estate
Jan 2022

Follow-on Offering
Real Estate
Nov 2021

Mergers & Acquisitions
Gaming & Leisure
Nov 2021

Follow-on Offering
Real Estate
Oct 2021

Senior Notes
Real Estate
Oct 2021

Senior Notes
Real Estate
Sep 2021

Senior Notes
Real Estate
Sep 2021

Follow-on Offering
Real Estate
Sep 2021

Initial Public Offering
Gaming & Leisure
Jul 2021

Mergers & Acquisitions
Gaming & Leisure
Jun 2021

Preferred Stock
Real Estate
Jun 2021

Senior Notes
Gaming & Leisure
Jun 2021

Senior Sustainable Notes
Real Estate
Jun 2021

Follow-on Offering
Real Estate
Jun 2021

Follow-on Offering
Real Estate
May 2021

Follow-on Offering
Real Estate
Apr 2021

Follow-on Offering
Real Estate
Apr 2021

Follow-on Offering
Real Estate
Mar 2021

Senior Notes
Real Estate
Mar 2021

Follow-on Offering
Real Estate
Jan 2021

Follow-on Offering
Real Estate
Jan 2021

Senior Notes
Real Estate
Dec 2020

Senior Notes
Real Estate
Dec 2020

Private Placement
Real Estate
Dec 2020

Initial Public Offering
Gaming & Leisure
Nov 2020

Follow-on Offering
Gaming & Leisure
Nov 2020

Follow-on Offering
Real Estate
Oct 2020

Senior Notes
Real Estate
Oct 2020

Follow-on Offering
Real Estate
Oct 2020

Follow-on Offering
Real Estate
Sep 2020

Follow-on Offering
Gaming & Leisure
Sep 2020

Follow-on Offering
Gaming & Leisure
Sep 2020

Initial Public Offering
Real Estate
Aug 2020

Mergers & Acquisitions
Real Estate
Jul 2020

Initial Public Offering
Real Estate
Jul 2020

Follow-on Offering
Gaming & Leisure
Jun 2020

Follow-on Offering
Gaming & Leisure
Jun 2020

Follow-on Offering
Gaming & Leisure
May 2020

Mergers & Acquisitions
Gaming & Leisure
Apr 2020

Follow-on Offering
Investment Funds
Apr 2020

Follow-on Offering
Investment Funds
Apr 2020

Follow-on Offering
Real Estate
Feb 2020

Follow-on Offering
Real Estate
Feb 2020

Senior Notes
Gaming & Leisure
Jan 2020

Follow-on Offering
Investment Funds
Dec 2019

Follow-on Offering
Investment Funds
Oct 2019

Follow-on Offering
Investment Funds
Sep 2019

Follow-on Offering
Investment Funds
Sep 2019

Initial Public Offering
Investment Funds
Feb 2018
Currency volume represents full credit to each underwriter. All transaction announcements appear as a matter of record only. Stifel collectively refers to Stifel, Nicolaus & Company, Incorporated and other affiliated broker-dealer subsidiaries of Stifel Financial Corp.
Team
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