Gregory Silvers Of EPR Properties Acquires Seven-Park Entertainment Portfolio From John Reill For $331M
$331,000,000
Building Size
—
Asset Type
Commercial
Closing
Mar 5, 2026
AI
This transaction involves the sale of a seven-park regional entertainment portfolio located in various markets including Missouri, Minnesota, Texas, Michigan, New York, and Canada. The asset type is commercial, with a sale price of $331,000,000. The portfolio encompasses over 1,600 acres of experiential assets that collectively generated approximately $260 million in revenue in 2025 and attracted 4.5 million guests.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $331,000,000
- Buyer: Gregory Silvers - EPR Properties
- Seller: John Reill - Six Flags Entertainment Corporation
- Asset Management: Operated under long-term leases by Enchanted Parks and La Ronde Operations, Inc.
Gregory Silvers represents EPR Properties in this acquisition, while John Reill represents Six Flags Entertainment Corporation. The transaction marks a significant expansion of EPR Properties' portfolio in the entertainment sector across North America.
Players
Market Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.05%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93