Business
EPR Properties Announces $113 Million in Sale Leaseback Transactions
KANSAS CITY, Mo., December 04, 2025--EPR Properties (NYSE:EPR) (the "Company") today announced the acquisition and leaseback of a five-property portfolio of championship golf courses, along with the acquisition and leaseback of the Ocean Breeze Water Park located in Virginia Beach, VA. The blended cap rate for the combined $113 million in investments is 8.6%. Following these acquisitions and additional investments, the Company now anticipates that investment spending will be approximately $285 m
About this update from Epr Properties
[{"type":"text","content":"Company Anticipates Exceeding the High End of 2025 Investment Spending Guidance","length":79,"tagName":"p","attribs":{}},{"type":"text","content":"KANSAS CITY, Mo., December 04, 2025--(BUSINESS WIRE)--EPR Properties (NYSE:EPR) (the "Company") today announced the acquisition and leaseback of a five-property portfolio of championship golf courses, along with the acquisition and leaseback of the Ocean Breeze Water Park located in Virginia Beach, VA. The blended cap rate for the combined $113 million in investments is 8.6%. Following these acquisitions and additional investments, the Company now anticipates that investment spending will be approximately $285 million versus its previously stated investment spending guidance of $225-$275 million.","length":613,"tagName":"p"},{"type":"text","content":"Golf Course Portfolio","length":21,"tagName":"p"},{"type":"text","content":"The golf course portfolio includes five semi-private championship golf courses located in the Dallas, TX metropolitan area which include full-service food and beverage offerings along with comprehensive practice facilities. The properties will be leased and operated by Advance Golf Partners, a leading golf course operator who brings deep experience and proven strategy for successfully operating daily fee golf. The Company’s investment is backed by extensive research in the on-course golf sector which is viewed to have an addressable market of over $2 billion.","length":565,"tagName":"p"},{"type":"text","content":"Investment Highlights","length":21,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Attractive Supply / Demand Characteristics – The golf industry has experienced a significant shift. While overall supply of golf courses has materially contracted, demand for high quality courses has regained strong and sustained momentum.","length":239,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"High Quality Real Estate – The properties are located within dense high-growth submarkets in Dallas which index high in golf participation.","length":139,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Enhanced Experiential Diversification – The transaction adds further diversification to the Company’s portfolio of experiential properties.","length":139,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList...