Sale/Leaseback Owners Shopping Cosentino’s Lodi, Pope Valley Wineries and Vineyards

Entertainment Properties Trust (NYSE: EPR), is looking for buyers for Cosentino Winery’s Lodi and Pope Valley wineries and vineyards.

The Kansas City sale/leaseback financier, which has played pivotal roles in a number of major fine-wine transactions (among them Ascentia, in Sonoma County and EOS Estate in Paso Robles)  was shocked when Napa Valley’s Cosentino Winery stopped making its lease payments this year and walked away from its commitments.

Once owned by Cosentino Winery, the properties were sold to EPR on August 14, 2007 then leased back.

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Also In This Article:

The full text of the following sections is available to premium subscribers of Wine Executive News.

• RATIONALIISATION OF OPERATING FACILITIES
• CE2V- WINERY AND VINEYARD IN POPE VALLEY – details
• LOCKEFORD WINERY – details
• CRYSTAL VALLEY WINERY – details

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