EPR Properties is a real estate investment trust that leases properties in the United States and Canada. They invest in two property segments: experiential properties such as theaters, family entertainment centers, ski resorts, and other attractions; and education properties such as early childhood education centers and private school properties. They determine new investments based on the value and opportunity of the respective industry, the location quality, and the credit quality of tenants. The experiential sector generates most of the revenue, with Texas, Florida, New York, and California being the main revenue-generating states.
EPR Properties is focused on creating a diverse real estate portfolio that offers the potential for stable and attractive returns. Their real estate venues drive value by facilitating leisure, recreation, and social experiences. With more and more people choosing to spend their time and money on out-of-home leisure activities, these places are becoming the social infrastructure of society. Baby Boomers are choosing to prioritize experiences over products, while younger generations such as Millennials place an emphasis on experiences over material goods.
The spread of social media has also had a significant impact on experiential spending, as many consumers use these platforms to communicate and share their experiences. The detailed information and reviews that accompany these posts can expand the scope of consideration and reduce consumer risk. By investing in EPR Properties, investors can benefit from a diverse real estate portfolio with the potential for stable and attractive returns.