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VENU Closes $49.7 Million Sale-Leaseback on Ford Amphitheater Land

VENU Closes $49.7 Million Sale-Leaseback on Ford Amphitheater

articleVenu Holding CorporationJune 8, 20264/news/venu-closes-dollar497-million-sale-leaseback-on-ford-amphitheater-land
VENU Closes $49.7 Million Sale-Leaseback on Ford Amphitheater Land

About this update from Venu Holding Corporation

Venu Holding Corporation ("VENU" or the "Company") (NYSE American: VENU), owner, operator, and developer of premium live entertainment destinations, today announced that it has successfully closed a $49.7 million sale-leaseback transaction on the land beneath its award-winning Ford Amphitheater in Colorado Springs, Colorado. The transaction was completed with O'Neil Roth Real Estate LLC and marks the continued implementation of a key pillar of the Company’s previously announced financing strategy, alongside public-private partnerships and Luxe FireSuite® sales, and thus marks a key milestone in the Company's national growth plan. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260608524900/en/VENU's Ford Amphitheater in Colorado Springs, CO Building on this capital milestone, VENU® now intends to begin listing and selling an additional $200 million in comparable sale-leaseback structures across its growing portfolio of next-generation, omni-content entertainment destinations. "We built a model that works and this validates it,” said JW Roth, Founder, CEO and Chairman of VENU. “Nearly fifty million dollars unlocked from land we still control, with a meaningful portion to be redeployed to in-development projects. These sale-leaseback transactions give us the runway to move fast and the momentum to build something this country has never seen in live entertainment.” The Colorado Springs transaction is a component of the $200 million financing plan across VENU's current asset base and development pipeline. Two venues are approaching opening – in Broken Arrow, Oklahoma (Tulsa market) and McKinney, Texas (Dallas market) – while projects in Houston and El Paso are under development. The Company recently announced a new planned location in Chattanooga, Tennessee, and is actively exploring expansion into Northern Colorado. VENU currently operates venues in Colorado Springs, Colorado and Gainesville, Georgia, with a national footprint that continues to grow. An Innovative Model Driving National Expansion VENU is powered by a differentiated financing approach that combines fractional ownership, public-private partnerships, and sale-leaseback structures to enable capital-efficient expansion across underserved markets. This model allows the Company to reduce debt, accelerate development timelines, and retain ...

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