Benzinga
Why The VICI Properties CEO Defines REITs As ‘The Thing Behind The Thing’
Real estate investment trusts serve as the infrastructure backbone to the commercial property sector, according to Edward Pitoniak, CEO of VICI Properties (NYSE: VICI) — or, as Pitoniak dubbed it, “the thing behind the thing.” “What you’re talking about is a bedrock of infrastructure, of systems and of assets that support the commercial players in the sector that rise above it,” said Pitoniak in his keynote speech at Wednesday’s Benzinga Reopening Stocks Summit. “This is critical infrastructure,