2024-03-06 03:33:00 ET
Summary
- The recovery from the COVID pandemic has been slower than expected.
- Interest rates do not allow for needed investment.
- EPR is an experiential REIT, and as such, it has its own unique risks.
- Inflation and interest rates threaten the very survival of ERP.
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The Thesis
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EPR Properties: Lack Of Cash Puts A Hard Limit On Growth