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Essential Properties Realty Trust Expands Credit Facility by $300 Million
PUBLIC · EPRTSep 14, 2026•3 days ago
Amount Raised
$300 Million
Round Type
Funding Round
PrincetonReal Estate
Investors
Wells Fargo Bank, National Association
Description
On September 14, 2026, Essential Properties Realty Trust, Inc. completed an eighth amendment to its Amended and Restated Credit Agreement. This amendment increased the commitments under the Revolving Credit Facility from $1.0 billion to $1.3 billion. Additionally, pricing has been adjusted and certain subsidiary guarantees were released.
Company Information
Company
Essential Properties Realty Trust
Location
Princeton, West Virginia, United States
About
Essential Properties Realty Trust, Inc. is an internally managed REIT that acquires, owns and manages primarily single-tenant properties that are net leased on a long-term basis to companies operating service-oriented or experience-based businesses. As of June 30, 2023, the Company’s portfolio consisted of 1,742 freestanding net lease properties with a weighted average lease term of 14.0 years and a weighted average rent coverage ratio of 4.1x. In addition, as of June 30, 2023, the Company’s portfolio was 99.9% leased to 360 tenants operating 560 different concepts in 16 industries across 48 states.
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