DENVER, Oct. 27, 2025 (GLOBE NEWSWIRE) -- 247marketnews.com, a pioneer in digital media dedicated to the swift distribution of financial market news and information, reports that the construction of VENU’s (NYSE American: VENU) $350 million Sunset Amphitheater in McKinney, Texas, is progressing on schedule, marking a major milestone in the company’s mission to redefine the live entertainment landscape through real estate–backed, community-integrated entertainment campuses. The state-of-the-art, 20,000-seat ...

Portfolio & Leasing - The portfolio is healthy and stable, with 99.6% leased[11] - Same-store rent growth has averaged 1.4% over the last four quarters[11] - Only 4.9% of ABR is expiring through 2029, with a coverage of 4.0x[11] - The portfolio is diversified, with the top 10 tenants representing just 17.6% of ABR[11] - 93% of cash ABR comes from service-oriented and experience-based tenants, indicating e-commerce resilience[28] Financial Performance & Liquidity - The company raised approximately $119 million of common equity through the ATM Program in 2Q'25[11] - The company settled ~$20 million of forward common equity, leaving ~$507 million of net proceeds available from unsettled forward equity as of June 30, 2025[11] - Proforma Net Debt / Annualized Adjusted EBITDAre is 3.5x at 2Q'25-end[11] - The company has ~$1.3 billion of pro forma liquidity[11] Investment & Capital Recycling - Closed investments of ~$334 million at an initial cash yield of ~7.9%[11] - Closed ~$46 million of dispositions at a 7.3% cash yield[11] Debt Profile - Weighted average debt maturity is 3.8 years, and the weighted average interest rate is 4.2%[11]