13 Ways Wine Industry Insight advertising is safer, more effective & convenient for you CLICK HERE


FREE! Subscribe to News Fetch, THE daily wine industry briefing - Click Here


SPONSORED BY:
Live Oak Bank
SPONSORED BY:

Sheppard-Sothebys

Carneros Vintners Buys Its Facility From Entertainment Properties Trust

Carneros Vintners has purchased its million-gallon custom crush facility in southern Sonoma County which it has been leasing from Entertainment Properties Trust (NYSE:EPR). Carneros Vintners, Inc. is a division of The Vintners Group of Lodi founded by Dennis Rippey.

The sale/leaseback venture is one of the few wine-related ventures that hasn’t turned into a financial bloodbath for EPR. (For background on that, see: EPR Losing Millions On Wineries & Vineyards It Can’t Sell and other articles, below.)

Wine Executive News subscribers please click here to read the complete article.

SALE MAKES EPR A SMALL PROFIT FOR A CHANGE

The full text of this section is available to premium subscribers of Wine Executive News.

PREVIOUS CARNEROS VINTNERS COVERAGE

PREVIOUS ORIGINAL WINE INDUSTRY INSIGHT COVERAGE OF ENTERTAINMENT PROPERTIES TRUST & ITS WINE INVESTMENTS

ENTERTAINMENT PROPERTIES TRUST

HAVENS WINE CELLARS (UNDER BILLINGTON MANAGEMENT)

COSENTINO WINERY (UNDER SOLDINGER MANAGEMENT)

EOS ESTATE

ASCENTIA WINE ESTATES

 

Not a Wine Executive News subscriber yet?

Subscribe to Wine Executive News now, and get the rest of this original article along with everything else on the site every day, including original documents, spreadsheets,and source materials for just $13.99 per month.