Even timeless industries like vineyards and wineries change over time. Understanding the financing needs of vineyard owners and wine producers is a special focus of Entertainment Properties Trust, serving the financing needs of the vineyard and wine industry through its VinREIT subsidiary.
VinREIT has invested over $200 million in vineyards and wineries because we believe this is a growing and valuable business. Annual sales of wine are expected to approach $25 billion by 2010. The wine industry’s share of U.S. alcohol consumption is expected to grow to 20 percent by 2014. We understand the opportunity and provide real estate financing for land and facilities used to produce the upper-end product segment.
In a generational industry where the brand name is fundamental to success, many founders are ready to pass on the vines and the presses to the right new owners, be they family heirs or others with the same passion. VinREIT is in business exclusively to help with the real estate financing associated with these business transitions, including acquisitions, expansion, debt reduction, partner or investor buyout or estate planning. Transactions can be structured to optimize tax and accounting arrangements and can include repurchase options.
EPR, VinREIT’s parent, specializes in financing high-quality real estate. In partnership with Global Wine Partners, the industry’s leading corporate advisory group with offices in Napa, Sydney and Paris, VinREIT and EPR stand ready to serve those who understand and focus on business and product excellence. We judge value in many forms, but always with an eye for outstanding performance and longevity.