VICI Properties appoints Kellan Florio, Moira McCloskey, to strategic roles

June 1, 2022 2:39 PM
  • Rege Behe, CDC Gaming Reports
June 1, 2022 2:39 PM
  • Rege Behe, CDC Gaming Reports

VICI Properties Wednesday announced two personnel appointments. Kellan Florio is VICI’s new senior vice president, chief investment officer, and Moira McCloskey has been appointed vice president, capital markets.

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Florio will report to VICI CEO and President John Payne and be responsible for the company’s expansion across experiential real estate investments with world class operators. He joins VICI from Goldman Sachs, where he spent the last 15 years in the real estate investment banking group advising public and private companies on mergers, acquisitions and capital raising transactions. Florio’ experience at Goldman Sachs includes the real estate, gaming and lodging markets, and he most recently served as managing director, global head of lodging & leisure investment banking.

“Kellan’s extensive experience and long-standing relationships in experiential real estate sectors makes him a strong addition to our team,” said Payne in a statement. “While at Goldman Sachs, he was an advisor to a wide array of clients in our industry, including VICI, and he used his strategic and financial expertise to help source, lead, and close numerous client transactions. We are confident that his extensive expertise and strong familiarity with our business will be a key driver of our future growth.”

“I’ve had the privilege of working closely with VICI since its formation and couldn’t be more excited to join this world class experiential real estate platform at this unique inflection point in the company’s growth and at a time of growing demand for differentiated, out-of-home experiences,” Florio said in a statement.

McCloskey will report to VICI Executive Vice President, Chief Financial Officer David Kieske, and lead the company’s capital markets initiatives and expand relationships and access to capital across domestic and international debt and equity markets. McCloskey has over 15 years of public markets and capital markets experience and joins VICI from Bank of America Securities, where she was a managing director in the equity capital markets group

“Moira’s invaluable knowledge and experience across the capital markets makes her a significant addition to our team,” said Kieske in a statement. “While at Bank of America, she led numerous equity offerings for VICI and has a deep understanding of our business model, investor base and capital markets objectives. We firmly believe that her knowledge and industry reputation and connectivity will provide VICI with added expertise as we grow and access accretive capital in the future.”

“I’m thrilled to be joining a VICI Team that has raised more than $29 billion in capital since the company’s inception in 2017,” McCloskey said in a statement. “It is very exciting to be joining at a time when the company will be defining its next chapter, having recently closed its acquisition of MGP.”