HALO Talks
Episode #402: Unlocking Value & Growth Opportunities with Mike Geenen: REIT's, Experiential, and Leisure Assets
- Autor: Vários
- Narrador: Vários
- Editora: Podcast
- Duração: 0:31:50
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Sinopse
Mike Geenen is the Senior Director of Investments at EPR Properties. EPR is a 25+ year old, publicly traded REIT with $6.5B in investments, 350+ assets across 44 states and Canada, with more than 200 partners and tenants. A REIT is a real estate investment trust which owns (and sometimes) operates income-producing real estate or related assets. These typically include things like office buildings, malls, apartments, hotels, resorts, self-storage facilities, and so forth. Geenen states, "We bill ourselves as the diversified experiential REIT. And what that really means is that we focus on investing in real estate venues that facilitate out of home, leisure, recreation and social experiences . . . The majority of our investments outside of the theater business are with independents that are not necessarily private equity backed. We're in a bit of a niche market for the most part." EPR is also the largest owner of movie theater real estate in the country since the theater space is their legacy business. They a