Entertainment Properties Trust and Empire Resorts also announced a new informational project website, www.NewCatskillsDestination.com, launched today. Visitors to the site can learn more and sign up to receive updates and information on the project as it moves forward.
About Entertainment Properties Trust
Entertainment Properties Trust is a specialty real estate investment trust (REIT) that invests in properties in select categories which require unique industry knowledge, while offering the potential for stable and attractive returns. Our total investments exceed $2.9 billion and include megaplex movie theatres and adjacent retail, public charter schools and other destination recreational and specialty investments. We adhere to rigorous underwriting and investing criteria, centered on key industry and property level cash flow standards. We believe our focused niche approach provides a competitive advantage, and the potential for higher growth and better yields. Further information is available at www.eprkc.com
About Empire ResortsEmpire Resorts owns and operates, through its subsidiary Monticello Raceway Management, Inc., the Monticello Casino & Raceway, a harness racing track and casino located in Monticello, New York, and is 90 miles from midtown Manhattan. For additional information, please visit www.empireresorts.com. About Hart Howerton Hart Howerton is a creative team of land planners, urban designers, architects, landscape architects and development strategists with four decades of experience optimizing the value of real estate assets. With offices in New York, San Francisco, London and Shanghai, Hart Howerton handles complex projects in sensitive locations throughout the world. Their industry-leading approach (“Designing Complete Environments”) combines market-driven planning and design with economic feasibility, development and marketing savvy, environmental sensitivity and entitlements expertise. Working with leading developers, institutions and landowners, the firm has delivered successful world-class real estate ventures and places of lasting legacy in their communities. The firm is currently working in more than 30 countries worldwide. Hart Howerton projects include nine of the top twenty-five resorts on Travel + Leisure’s Top 100 Places to Live, 2009, and seven of America’s Top 10 Golf Communities, according to Travel + Leisure Golf. Visit www.harthowerton.com for more information.