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Investing Strategy

As a triple net real estate investment trust (REIT), we invest in select, non-commodity properties which require unique industry knowledge and offer the potential for stable and attractive returns.

CORE STRATEGIES

In limiting the number of our investment segments, we achieve the focus necessary to gain unique insight, creating added and enduring value.

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LONG
TERM

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KNOWLEDGE
DRIVEN

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FEWER CATEGORIES,
GREATER DEPTH

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TRIPLE NET
STRUCTURE


FIVE-STAR INVESTMENT CRITERIA

Our core strategies combine with our unique brand of underwriting called the Five-Star Investment Criteria to manage our portfolio and guide our growth.

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INFLECTION
OPPORTUNITY

A renewal or restructuring in an industry's properties that creates an opportunity for insightful capital.

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ENDURING
VALUE
Investments in real estate devoted to and improving upon long-lived activities.

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EXCELLENT
EXECUTION
Premium locations and investment executions that lead to market-dominant performance and create credit beyond the tenant.

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ATTRACTIVE
ECONOMICS
Accretive initial returns along with growth in yield over the life of our investments in categories of meaningful size.

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ADVANTAGEOUS
POSITION
Sustainable competitive advantages based on knowledge, relationships, or access to key investment elements.

Roll over stars to see more information.

OPERATING PERFORMANCE HISTORY

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Data in millions except per share data


* As defined in the latest earnings press release for the quarter ended June 30, 2017

ANNUAL DIVIDENDS

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* Projected for full year

 

LIFETIME TOTAL SHAREHOLDER RETURN

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Source: SNL


Lifetime data – 11/18/1997 to 6/30/17 – Daily

 

NOI BREAKDOWN *

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* As of June 30, 2017, adjusted for CNL transaction which closed subsequent to quarter end

 

OUR DIVERSE PORTFOLIO

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Today's consumers are increasingly opting to spend their discretionary dollars on recreation. Learn more

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Each weekday, approximately 55 million students head off to public and private schools across the United States. Learn more