We first began getting to know Club Med in 2025, and it is important to understand how we came to be connected with Club Med. We did not receive a flyer saying there was a Club Med property or a Club Med opportunity for sale. In 2025, Club Med asked this unnamed company who they, Club Med, might partner with for financing of the St. Croix opportunity they were pursuing. With Club Med, John, Aaron, Matt Perkins, and other members of the VICI team set about seeking to understand Club Med’s needs—financial, strategic, and cultural needs—not only in St. Croix, but into the future that Club Med envisions for itself. Two weeks ago, a number of us on the VICI team experienced this strong foundation when we joined our Club Med partners on the North Shore of St. Croix for what Club Med calls its first-stone ceremony.