EPR Properties Announces Definitive Agreements to Acquire Portfolio of Seven Regional Parks
Key Points:
- EPR Properties has agreed to acquire a portfolio of seven regional parks from Six Flags Entertainment Corporation for $342 million, with EPR contributing approximately $315 million and tenants providing the remainder for working capital and improvements.
- The acquisition includes six U.S. parks leased to Enchanted Parks and one Canadian park leased to La Ronde Operations, both experienced operators with existing relationships with EPR.
- The parks cover over 1,600 acres with 418 attractions across five U.S. states and Canada, attracting about 4.5 million visitors annually, marking EPR's largest acquisition since 2017.
- EPR obtained non-Six Flags branded property names and rights to the Six Flags brand through 2026, with the transaction expected