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    Max Mars

    Research Analyst at CBRE Group, Inc.

    Max Mars is an Analyst at CBRE Group, Inc., focusing on commercial real estate research and market analytics across major metropolitan markets. He provides insights on companies involved in property development, investment, and real estate services such as Prologis, JLL, and Cushman & Wakefield, delivering data-driven recommendations utilized by institutional clients and investors. Since joining CBRE in 2022, Max has contributed to market reports recognized for accuracy and actionable value, with performance benchmarks showing above-average forecast precision within internal metric reviews. He began his real estate career after earning relevant certifications and maintains professional credentials including FINRA Series 7 and 63 licenses, actively participating in industry conferences and research forums.

    Max Mars's questions to VICI PROPERTIES (VICI) leadership

    Max Mars's questions to VICI PROPERTIES (VICI) leadership • Q1 2025

    Question

    Max Mars of CBRE Group, Inc. inquired about VICI's interest in Australian gaming assets, like those of Star Entertainment, and asked about the company's top strategic priorities beyond accretion.

    Answer

    CEO Edward Pitoniak stated VICI has no interest in the Australian opportunity, citing significant regulatory turmoil and a lack of visibility into future asset earnings. He identified a top strategic priority as 'weatherproofing the business,' emphasizing proactive balance sheet management, such as the recent successful refinancing, to protect the company against market volatility.

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