EPR Properties, a Kansas City real estate investment trust, has restructured its leases with Regal Cinemas, a movie theater chain that in July plans to emerge from Chapter 11 bankruptcy. The deal will keep Regal paying less fixed rent but capture more payments based on gross sales.EPR Properties restructures lease agreement with bankrupt Regal Cinemas
EPR Properties, a Kansas City real estate investment trust, has restructured its leases with Regal Cinemas, a movie theater chain that in July plans to emerge from Chapter 11 bankruptcy. The deal will keep Regal paying less fixed rent but capture more payments based on gross sales.