EPR Properties

EPR Properties is a diversified experiential net lease real estate investment trust (REIT) that specializes in select enduring experiential properties. The company focuses on real estate venues that facilitate out-of-home leisure and recreation experiences where consumers choose to spend their discretionary time and money. Its portfolio includes properties across 43 states and Canada, with total assets of approximately $5.5 billion (after accumulated depreciation of about $1.7 billion). EPR Properties adheres to rigorous underwriting and investing criteria centered on key industry, property, and tenant-level cash flow standards, aiming for stable and attractive returns.

EPR Properties is listed on the New York Stock Exchange (NYSE) under the ticker symbol EPR. Its shares are traded in US dollars (USD). As a US-based company, it is part of the US region and follows the reporting standards of the Securities and Exchange Commission.

EPR Properties operates in the Real Estate sector and is classified under the REIT - Specialty industry. As a real estate investment trust, it focuses on owning and leasing experiential properties, which sets it apart from traditional REITs that may focus on office, residential, or industrial properties. Its specialty is in entertainment, recreation, and leisure venues.

EPR Properties is headquartered in Kansas City, United States. It was established on August 22, 1997. The company serves markets across the United States (43 states) and Canada, focusing on experiential properties that support out-of-home leisure and recreation activities. Its geographic diversification helps mitigate regional economic risks.

EPR Properties generates revenue primarily through net leases on its experiential real estate portfolio. As a net lease REIT, tenants are typically responsible for property taxes, insurance, and maintenance, providing EPR with stable, predictable rental income. The company targets properties in the leisure and recreation sector, such as entertainment venues, ski resorts, and other out-of-home experiences, where consumers spend discretionary income. Its disciplined underwriting focuses on cash flow standards at the industry, property, and tenant levels to maintain attractive returns.