Real Estate, Gaming & Leisure

Advisory and capital-raising services for companies and financial sponsors

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.

Areas of Expertise

Gaming & Leisure

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

Meet the Team

Investment Funds

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.

Meet the Team

Real Estate

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.

Meet the Team

A leading partner in the gaming and real estate industries.

Get in touch with Stifel

Notable Transactions

€ 1,320,000,000

Refinancing

Joint Bookrunner/Joint Lead Financial Advisor

Gaming & Leisure | February 2025

$ 94,500,000

Follow-on Offering

Joint Bookrunner

Real Estate | September 2024

$ 1,200,000,000

Mergers & Acquisitions

Advisor to Seller

Gaming & Leisure | April 2024

$ 300,000,000

Out-of-Court Restructuring and Convertible Notes

Advisor to Selina Hospitality PLC

Real Estate | January 2024

$ 172,800,000

Follow-on Offering

Joint Bookrunner

Real Estate | January 2024

£ 100,000,000

Private Placement Joint Venture

Sole Financial Advisor Sole Placement Agent

Real Estate | October 2023

Mergers & Acquisitions

Advisor to Seller

Gaming & Leisure | July 2023

$ 300,000,000

Recapitalization & Private Placement

Financial Advisor & Sole Placement Agent

Real Estate | June 2023

$ 45,209,375

Follow-on Offering

Joint Bookrunner

Gaming & Leisure | June 2023

$ 189,400,000

Follow-on Offering

Joint Bookrunner

Real Estate | February 2023

$ 918,800,000

Mergers & Acquisitions

Advisor to Seller

Real Estate, Paper & Forest Products | September 2022

$ 181,800,000

Follow-on Offering

Joint Bookrunner

Real Estate | August 2022

$ 480,000,000

Tender Offer

Exclusive Financial Advisor

Gaming & Leisure | June 2022

£ 300,000,000

Follow-on Offering

Sole Sponsor, Financial Adviser, Global Coordinator, Bookrunner

Real Estate | April 2022

$ 390,320,000

Follow-on Offering

Joint Bookrunner

Real Estate | January 2022

$ 200,300,000

Follow-on Offering

Senior Notes

Joint Bookrunner

Real Estate | September 2021

£ 125,000,000

Follow-on Offering

Joint Bookrunner and Financial Adviser

Real Estate | September 2021

$ 42,000,000

Initial Public Offering

Joint Bookrunner

Gaming & Leisure | July 2021

Joint Bookrunner

Real Estate | April 2021

$ 177,023,991

Follow-on Offering

Joint Bookrunner

Real Estate | April 2021

$ 99,750,000

Sole Bookrunner

Investment Funds | September 2019

$ 42,500,000

Initial Public Offering

Sole Bookrunner

Investment Funds | February 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.