STORE Capital Announces $1.3 Billion of Investment Activity - Provided Flexible Financing Solutions for More Than 80 Diverse Businesses - - Establishes Market Leadership for Single-Tenant Real Estate Intensive Companies - Business Wire SCOTTSDALE, Ariz. -- April 03, 2013 STORE Capital Corporation (the “Company”), a real estate investment trust formed to invest in single-tenant real estate, today announced it has funded or committed to fund more than $1.3 billion in investment activity since its inception in May 2011. This activity encompasses transactions involving more than 400 properties acquired from a diverse group of more than 80 customers. “Our success has been fueled by our unsurpassed leadership experience and our single-minded focus on satisfying long-term financing needs and creating wealth for our customers by offering efficient capital solutions,” said Christopher Volk, Chief Executive Officer of STORE Capital. In less than two years, STORE Capital has successfully established itself as a leader in long-term real estate leasing solutions that serve as an important treasury tool for single-tenant real estate intensive institutions. With more than $10 billion in its collective investment history, the Company’s senior management team has extensive knowledge and expertise that allows it to efficiently provide its customers with customized financing solutions. Businesses that have leveraged STORE Capital’s expertise and services offered the following commentary: *“STORE Capital delivered on a very complex deal for Hooters, and they did it on time with no surprises. I found the entire team – sales, underwriting and closing, as very focused, always working towards solutions. It’s important to do business with groups you can trust and STORE Capital fits in that category.” – Matt Wickesberg, Chief Financial Officer of Hooters, Inc. *“[STORE Capital] were great to work with. It was a very smooth closing, and could not have happened without your hard work and diligence. We look forward to a long-term relationship with STORE, and to potential future deals.” – Bill White, President and Chief Executive Officer of Belle Foods, LLC *“STORE Capital provided an attractive financing alternative that allowed Corinthian Colleges to pay down debt and increase working capital liquidity.” – Robert Owen, Chief Financial Officer of Corinthian Colleges Inc. *“[STORE Capital’s] approach to the financing was tailored to match our objectives and will help us continue to implement our growth plan.” – Bob Campbell, Chief Executive Officer of Tappan Street Restaurant Group STORE Capital continues to diversify its customer base working with a wide range of real estate intensive businesses including casual dining and quick-service restaurants, for-profit secondary educational institutions, home furnishing stores, fitness centers, early childhood education and pre-school services, grocery stores, and movie theaters, among others. ABOUT STORE CAPITAL CORPORATION STORE Capital Corporation is a new-generation real estate investment trust backed by funds managed by Oaktree Capital Management, L.P., together with other institutional shareholders. STORE’s mission is to address the long-term capital needs of real estate intensive operating businesses throughout the United States. Through tailored real estate lease and mortgage financing solutions, STORE’s aim is to create wealth for its customers by improving the capital efficiency of their businesses. For more information, visit www.storecapital.com. Contact: Media: ICR for STORE Capital Hayley Cook, 203-682-8254 email@example.com
STORE Capital Announces $1.3 Billion of Investment Activity
Press spacebar to pause and continue. Press esc to stop.