Profile: EPR Properties (EPR.N)
24 Jun 2019
EPR Properties, incorporated on August 22, 1997, is a specialty real estate investment trust. The Company's investment portfolio includes primarily entertainment, education and recreation properties. The Company's segments include Entertainment, Education, Recreation and Other. The Entertainment segment consists of investments in megaplex theatres, entertainment retail centers, family entertainment centers and other retail parcels. The Education segment consists of investments in public charter schools, early education centers and K-12 private schools. The Recreation segment consists of investments in ski areas, waterparks, golf entertainment complexes and other recreation. The Other segment consists primarily of land under ground lease, property under development and land held for development.
As of December 31, 2016, the Entertainment segment included the Company's interests in 141 megaplex theatres located in 34 states; eight entertainment retail centers (including eight additional megaplex theatres) located in Colorado, New York, California, Virginia, and Ontario, Canada; eight family entertainment centers located in Georgia, Illinois, Indiana and Florida; land parcels leased to restaurant and retail operators adjacent to various theatre properties; construction in progress primarily for real estate development and redevelopment of megaplex theatres, as well as other retail redevelopment projects, and undeveloped land inventory. As of December 31, 2016, the Company's owned real estate portfolio of megaplex theatres consisted of approximately 10.6 million square feet. As of December 31, 2016, the Company's remaining owned entertainment real estate portfolio consisted of 1.9 million square feet. The Company's family entertainment center operators offer a range of entertainment options, including bowling, bocce ball and karting, as well as an observation deck on the 94th floor of the John Hancock building in downtown Chicago, Illinois.
As of December 31, 2016, the Education segment consisted of the Company's interests in 67 public charter schools located in 19 states and the District of Columbia; 41 early education centers located in 15 states; 12 private schools located in eight states, and construction in progress for real estate development or expansions of public charter schools, early education centers and private schools. As of December 31, 2016, its owned education real estate portfolio consisted of approximately 4.3 million square feet. As of December 31, 2016, the Recreation segment consisted of the Company's interests in 11 ski areas located in Ohio, Maryland, New York, Pennsylvania, Vermont and Virginia; five waterparks located in Kansas, Texas and Pennsylvania; 25 golf entertainment complexes in 14 states, and construction in progress for golf entertainment complexes, the development of an indoor waterpark hotel at the Adelaar casino and resort project located in Sullivan County, New York, and a waterpark located in North Carolina.
909 Walnut St Ste 200
KANSAS CITY MO 64106-2003