{ "schemaVersion": 1, "organisationId": "O-f13564a8024643919899c83ecf2a3997", "slug": "epr-properties", "name": "EPR PROPERTIES", "updatedAt": "2026-10-02T13:28:41.389456Z", "sections": [ { "type": "OVERVIEW", "text": "EPR Properties is a self-administered real estate investment trust (REIT) focused on experiential real estate—net-leased properties associated with out-of-home leisure, recreation, and social activities. Its portfolio spans experiential venues such as theatres, attractions, ski resorts, and eat-and-play destinations, alongside education properties including early-childhood centers and private schools. The company describes its vision as “to build the premier experiential REIT.” [P72063790][P62393935][https://eprkc.com/who-we-are/about-epr/]\n\nAt December 31, 2025, EPR reported 301 properties in 43 U.S. states and Canada, with approximately $5.7 billion in total assets. Revenue for 2025 was approximately $718 million. [T10877095][P84671371][P23071315]\n[P72063790][P62393935][T10877095][P84671371][P23071315][https://eprkc.com/who-we-are/about-epr/]", "updatedAt": "2026-10-02T13:28:41.389456Z" }, { "type": "PRODUCTS", "text": "EPR Properties’ offerings are primarily real estate for experiential and educational uses, provided through property investment, development and financing arrangements, including build-to-suit funding and long-term leases. Most leases are triple-net; the properties are used by specialist operators rather than representing consumer services directly provided by EPR. [P26139524][P144815951][https://eprkc.com/financing-solutions/financing-options/]\n\nIts experiential property types include movie theatres; eat-and-play venues and entertainment districts; attractions such as waterparks, amusement parks and indoor skydiving; ski resorts; fitness and wellness facilities; cultural destinations; experiential lodging; and gaming properties. Examples and capabilities described on EPR’s portfolio pages include IMAX-equipped theatres, Topgolf, indoor and outdoor waterparks, snowmaking at ski resorts, climbing gyms, spas and wellness resorts. Its education properties comprise early-childhood education centers and private schools; school facilities may include science labs, athletic and dining facilities, and technology infrastructure. [https://eprkc.com/portfolio/experiential/theatres/property-list/][https://eprkc.com/portfolio/experiential/eat-play/][https://eprkc.com/portfolio/experiential/attractions/][https://eprkc.com/portfolio/experiential/ski/][https://eprkc.com/portfolio/experiential/fitness-wellness/][https://eprkc.com/portfolio/experiential/cultural/][https://eprkc.com/portfolio/experiential/experiential-lodging/][https://eprkc.com/portfolio/experiential/gaming/][P26657576]\n\nFor 2025, rental revenue by property type was led by theatres (40.2%) and eat-and-play properties (29.3%), followed by attractions (11.9%), education (6.1%), fitness and wellness (4.8%), ski (4.2%), gaming (2.1%), cultural properties (1.0%) and experiential lodging (0.4%). These figures are shares of rental revenue, not NOI. [T10877095] In the six months ended June 30, 2026, the latest reporting period identified in the research, Experiential and Education generated $360.1 million and $17.0 million of segment revenue, respectively; the filing does not provide NOI by individual property type. [T16563296]\n[P26139524][P144815951][https://eprkc.com/financing-solutions/financing-options/][https://eprkc.com/portfolio/experiential/theatres/property-list/][https://eprkc.com/portfolio/experiential/eat-play/][https://eprkc.com/portfolio/experiential/attractions/][https://eprkc.com/portfolio/experiential/ski/][https://eprkc.com/portfolio/experiential/fitness-wellness/][https://eprkc.com/portfolio/experiential/cultural/][https://eprkc.com/portfolio/experiential/experiential-lodging/][https://eprkc.com/portfolio/experiential/gaming/][P26657576][T10877095][T16563296][https://eprkc.com/financing-solutions/financing-options/][https://eprkc.com/portfolio/experiential/theatres/property-list/][https://eprkc.com/portfolio/experiential/eat-play/][https://eprkc.com/portfolio/experiential/attractions/][https://eprkc.com/portfolio/experiential/ski/][https://eprkc.com/portfolio/experiential/fitness-wellness/][https://eprkc.com/portfolio/experiential/cultural/][https://eprkc.com/portfolio/experiential/experiential-lodging/][https://eprkc.com/portfolio/experiential/gaming/]", "updatedAt": "2026-10-02T13:28:41.389456Z" }, { "type": "GEOGRAPHY", "text": "EPR Properties’ FY2025 real-estate geography covered 41 U.S. states and the Canadian provinces of Ontario and Quebec. Its geography table reported approximately 20.1 million gross square feet; it does not provide a clean count of currently operating properties by state or province. [P62890647][T7796108]\n\nFor FY2025, the company disclosed rental revenue by state and province. California was the largest listed geography at $83.2 million (13.7%), followed by Texas at $77.4 million (12.7%), Florida at $42.5 million (7.0%), New York at $42.3 million (6.9%), and Ontario at $37.2 million (6.1%). The table’s total rental revenue was $608.6 million; it does not present total company revenue by geography. [P62890647][T7796108]\n\nEPR’s disclosed principal executive office is at 909 Walnut Street, Suite 200, Kansas City, Missouri 64106. The company filings reviewed do not provide employee counts or employee distribution by location. [P84840935][P144815822]\n[P62890647][T7796108][P84840935][P144815822]", "updatedAt": "2026-10-02T13:28:41.389456Z" }, { "type": "SEGMENTS", "text": "EPR Properties reports two operating segments. **Experiential** includes theatres, eat & play, attractions, ski, experiential lodging, gaming, cultural, and fitness & wellness properties. **Education** comprises early childhood education centers and private schools. [P62393935]\n\nIn FY2025, Experiential generated $680.2 million, or approximately **94.7%**, of consolidated revenue; Education generated $37.7 million, or approximately **5.3%**. [T6049667] Within rental revenue, the largest portfolio categories were Theatres (40.2%), Eat & Play (29.3%), Attractions (11.9%), and Ski (4.2%); other Experiential categories were Fitness & Wellness (4.8%), Gaming (2.1%), Cultural (1.0%), and Experiential Lodging (0.4%). Education rental revenue comprised Early Childhood Education Centers (4.4%) and Private Schools (1.7%). These category percentages are shares of company rental revenue, not separate reportable-segment revenue shares. [T10877095]\n[P62393935][T6049667][T6049667][T6049667][T10877095][T10877095][T10877095][T10877095][T10877095][T10877095][T10877095][T10877095][T10877095][T10877095]", "updatedAt": "2026-10-02T13:28:41.389456Z" }, { "type": "HISTORY", "text": "EPR Properties was formed in 1997 by Peter C. Brown, then president of AMC Entertainment. It completed its initial public offering that November, with an initial portfolio centered on 12 megaplex theaters acquired from AMC subsidiaries. [P72063790][https://investors.eprkc.com/financial-information/sec-filings/content/0001047469-97-001787/S-11_A.txt][https://investors.eprkc.com/financial-information/sec-filings/content/0001045450-12-000033/additionalproxymaterials-4.htm]\n\nThe company began expanding beyond theaters in 2005, when it announced a $52 million package that included the Mad River ski resort in Ohio. In 2012, Entertainment Properties Trust changed its name to EPR Properties, reflecting its broader investment strategy. The following year, it acquired Camelback Mountain Resort in Pennsylvania for approximately $70 million. [https://investors.eprkc.com/news-center/news-details/2005/Entertainment-Properties-Trust-Acquires-New-Properties-for-52-Million/default.aspx][https://investors.eprkc.com/news/detail/442/entertainment-properties-trust-announces-name-change-to-epr-properties][https://investors.eprkc.com/news/detail/414/epr-properties-announces-acquisition-of-camelback-mountain-resort]\n\nIn 2015, Gregory K. Silvers became president and chief executive officer, succeeding David M. Brain. A major expansion followed in 2017, when EPR completed a transaction involving Northstar California and multiple waterpark, amusement-park, and family entertainment properties; EPR reported an initial investment of $706.5 million, alongside financing for additional ski properties. [https://investors.eprkc.com/news/detail/371/epr-properties-chief-executive-officer-to-retire][https://investors.eprkc.com/financial-information/sec-filings/content/0001045450-15-000016/a8-k2242015.htm][https://investors.eprkc.com/news/detail/309/epr-properties-and-cnl-lifestyle-properties-announce-closing-of-transaction]\n[P72063790][https://investors.eprkc.com/financial-information/sec-filings/content/0001047469-97-001787/S-11_A.txt][https://investors.eprkc.com/financial-information/sec-filings/content/0001045450-12-000033/additionalproxymaterials-4.htm][https://investors.eprkc.com/news-center/news-details/2005/Entertainment-Properties-Trust-Acquires-New-Properties-for-52-Million/default.aspx][https://investors.eprkc.com/news/detail/442/entertainment-properties-trust-announces-name-change-to-epr-properties][https://investors.eprkc.com/news/detail/414/epr-properties-announces-acquisition-of-camelback-mountain-resort][https://investors.eprkc.com/news/detail/371/epr-properties-chief-executive-officer-to-retire][https://investors.eprkc.com/financial-information/sec-filings/content/0001045450-15-000016/a8-k2242015.htm][https://investors.eprkc.com/news/detail/309/epr-properties-and-cnl-lifestyle-properties-announce-closing-of-transaction]", 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