S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Closing prices for crude oil, gold and other commodities
Abbott Laboratories Outlook is Healthy: Buy the Dip
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Closing prices for crude oil, gold and other commodities
Abbott Laboratories Outlook is Healthy: Buy the Dip
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Closing prices for crude oil, gold and other commodities
Abbott Laboratories Outlook is Healthy: Buy the Dip
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Closing prices for crude oil, gold and other commodities
Abbott Laboratories Outlook is Healthy: Buy the Dip
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Prologis Stock Leading U.S. Logistics Boom

Compare Stocks

Comparative Price Performance Over Time

Compare Stocks - Price & Volume

CompanyCurrent Price50-Day Moving Average52-Week RangeMarket CapBetaAvg. VolumeToday's Volume
Boston Properties, Inc. stock logo
BXP
Boston Properties
$57.95
-0.1%
$63.61
$46.80
$73.97
$9.10B1.151.45 million shs1.42 million shs
Camden Property Trust stock logo
CPT
Camden Property Trust
$95.29
+0.3%
$96.84
$82.81
$114.04
$10.37B0.831.14 million shs843,007 shs
Equity LifeStyle Properties, Inc. stock logo
ELS
Equity LifeStyle Properties
$61.80
+1.2%
$65.09
$60.47
$74.04
$11.53B0.691.24 million shs1.16 million shs
UDR, Inc. stock logo
UDR
UDR
$35.34
+0.2%
$36.49
$30.95
$44.02
$11.64B0.82.96 million shs2.42 million shs
VICI Properties Inc. stock logo
VICI
VICI Properties
$27.20
+0.2%
$29.19
$26.63
$34.05
$28.37B0.96.18 million shs4.06 million shs
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Price Performance

Company1-Day Performance7-Day Performance30-Day Performance90-Day Performance1-Year Performance
Boston Properties, Inc. stock logo
BXP
Boston Properties
-0.03%-5.51%-7.75%-12.86%+10.07%
Camden Property Trust stock logo
CPT
Camden Property Trust
+0.26%-5.47%-2.25%-0.48%-10.06%
Equity LifeStyle Properties, Inc. stock logo
ELS
Equity LifeStyle Properties
+1.19%-0.27%-5.03%-8.61%-8.62%
UDR, Inc. stock logo
UDR
UDR
+0.20%-5.05%-3.99%-5.03%-14.22%
VICI Properties Inc. stock logo
VICI
VICI Properties
+0.18%-3.19%-6.00%-10.14%-17.04%

MarketRank™

CompanyOverall ScoreAnalyst's OpinionShort Interest ScoreDividend StrengthESG ScoreNews and Social Media SentimentCompany OwnershipEarnings & Valuation
Boston Properties, Inc. stock logo
BXP
Boston Properties
3.303 of 5 stars
2.11.02.51.81.72.51.9
Camden Property Trust stock logo
CPT
Camden Property Trust
3.8112 of 5 stars
2.14.02.51.52.41.71.9
Equity LifeStyle Properties, Inc. stock logo
ELS
Equity LifeStyle Properties
3.8298 of 5 stars
2.13.01.73.02.91.71.9
UDR, Inc. stock logo
UDR
UDR
4.5094 of 5 stars
3.23.04.22.61.51.71.9
VICI Properties Inc. stock logo
VICI
VICI Properties
4.9304 of 5 stars
3.44.04.22.83.23.31.9

Analyst Ratings

CompanyConsensus Rating ScoreConsensus RatingConsensus Price Target% Upside from Current Price
Boston Properties, Inc. stock logo
BXP
Boston Properties
2.24
Hold$69.4419.82% Upside
Camden Property Trust stock logo
CPT
Camden Property Trust
2.18
Hold$104.299.45% Upside
Equity LifeStyle Properties, Inc. stock logo
ELS
Equity LifeStyle Properties
2.14
Hold$70.1513.51% Upside
UDR, Inc. stock logo
UDR
UDR
2.38
Hold$41.7118.01% Upside
VICI Properties Inc. stock logo
VICI
VICI Properties
2.70
Moderate Buy$34.3626.36% Upside

Current Analyst Ratings

Latest VICI, UDR, ELS, BXP, and CPT Analyst Ratings

DateCompanyBrokerageActionRatingPrice TargetDetails
4/10/2024
UDR, Inc. stock logo
UDR
UDR
Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeUnderweight ➝ Neutral$34.00 ➝ $40.00
4/9/2024
Camden Property Trust stock logo
CPT
Camden Property Trust
Truist Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetBuy ➝ Buy$113.00 ➝ $114.00
4/9/2024
UDR, Inc. stock logo
UDR
UDR
Truist Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower Price TargetBuy ➝ Buy$45.00 ➝ $42.00
4/8/2024
Boston Properties, Inc. stock logo
BXP
Boston Properties
BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower Price TargetOutperform ➝ Outperform$80.00 ➝ $78.00
3/27/2024
Boston Properties, Inc. stock logo
BXP
Boston Properties
Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower Price TargetEqual Weight ➝ Equal Weight$67.00 ➝ $66.00
3/26/2024
Camden Property Trust stock logo
CPT
Camden Property Trust
Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingUnderweight ➝ Underweight$90.00
3/26/2024
UDR, Inc. stock logo
UDR
UDR
Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingUnderweight ➝ Underweight$34.00
3/18/2024
VICI Properties Inc. stock logo
VICI
VICI Properties
Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetEqual Weight ➝ Equal Weight$32.00 ➝ $33.00
3/13/2024
Camden Property Trust stock logo
CPT
Camden Property Trust
Truist Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingBuy ➝ Buy$121.00 ➝ $113.00
3/7/2024
VICI Properties Inc. stock logo
VICI
VICI Properties
Mizuho
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower Price TargetBuy ➝ Buy$34.00 ➝ $31.00
3/6/2024
VICI Properties Inc. stock logo
VICI
VICI Properties
Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower Price TargetOverweight ➝ Overweight$34.00 ➝ $32.00
(Data available from 4/18/2021 forward. View 10+ years of historical ratings with our analyst ratings screener.)

Sales & Book Value

CompanyAnnual RevenuePrice/SalesCashflowPrice/CashBook ValuePrice/Book
Boston Properties, Inc. stock logo
BXP
Boston Properties
$3.27B2.78$6.44 per share9.00$52.15 per share1.11
Camden Property Trust stock logo
CPT
Camden Property Trust
$1.54B6.73$8.34 per share11.42$43.69 per share2.18
Equity LifeStyle Properties, Inc. stock logo
ELS
Equity LifeStyle Properties
$1.49B7.74$2.85 per share21.65$8.04 per share7.69
UDR, Inc. stock logo
UDR
UDR
$1.63B7.15$3.40 per share10.38$12.00 per share2.95
VICI Properties Inc. stock logo
VICI
VICI Properties
$3.61B7.85$2.44 per share11.13$24.80 per share1.10

Profitability & Earnings

CompanyNet IncomeEPSTrailing P/E RatioForward P/E RatioP/E GrowthNet MarginsReturn on Equity (ROE)Return on Assets (ROA)Next Earnings Date
Boston Properties, Inc. stock logo
BXP
Boston Properties
$190.21M$1.2147.897.92N/A5.81%2.32%0.76%4/30/2024 (Confirmed)
Camden Property Trust stock logo
CPT
Camden Property Trust
$403.31M$3.7025.7513.833.6226.15%8.07%4.34%5/2/2024 (Confirmed)
Equity LifeStyle Properties, Inc. stock logo
ELS
Equity LifeStyle Properties
$314.21M$1.6836.7920.063.6521.09%20.90%5.62%4/22/2024 (Confirmed)
UDR, Inc. stock logo
UDR
UDR
$444.35M$1.3426.3713.972.8727.30%11.26%4.02%4/30/2024 (Confirmed)
VICI Properties Inc. stock logo
VICI
VICI Properties
$2.51B$2.4810.9711.726.1969.59%10.26%5.88%5/1/2024 (Confirmed)

Latest VICI, UDR, ELS, BXP, and CPT Earnings

DateQuarterCompanyConsensus EstimateReported EPSBeat/MissGap EPSRevenue EstimateActual RevenueDetails
5/2/2024N/A
Camden Property Trust stock logo
CPT
Camden Property Trust
$1.66N/A-$1.66N/AN/AN/A  
5/1/2024N/A
VICI Properties Inc. stock logo
VICI
VICI Properties
$0.56N/A-$0.56N/AN/AN/A  
4/30/2024N/A
Boston Properties, Inc. stock logo
BXP
Boston Properties
$1.73N/A-$1.73N/AN/AN/A  
4/30/2024N/A
UDR, Inc. stock logo
UDR
UDR
$0.61N/A-$0.61N/AN/AN/A  
4/22/2024N/A
Equity LifeStyle Properties, Inc. stock logo
ELS
Equity LifeStyle Properties
$0.77$0.49-$0.28N/AN/AN/A  
2/2/2024Q4 23
Camden Property Trust stock logo
CPT
Camden Property Trust
$1.72$2.03+$0.31$2.03$387.33 million$387.59 million    
1/31/2024Q4 23
Boston Properties, Inc. stock logo
BXP
Boston Properties
$1.81$0.76-$1.05$0.76$811.59 million$828.90 million    

Dividends

CompanyAnnual PayoutDividend Yield3-Year Dividend GrowthPayout RatioYears of Consecutive Growth
Boston Properties, Inc. stock logo
BXP
Boston Properties
$3.926.76%+7.72%323.97%N/A
Camden Property Trust stock logo
CPT
Camden Property Trust
$4.124.32%+6.41%111.35%3 Years
Equity LifeStyle Properties, Inc. stock logo
ELS
Equity LifeStyle Properties
$1.913.09%+9.32%113.69%N/A
UDR, Inc. stock logo
UDR
UDR
$1.704.81%+4.86%126.87%14 Years
VICI Properties Inc. stock logo
VICI
VICI Properties
$1.666.10%+17.29%66.94%5 Years

Latest VICI, UDR, ELS, BXP, and CPT Dividends

AnnouncementCompanyPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/18/2024
Boston Properties, Inc. stock logo
BXP
Boston Properties
quarterly$0.986.26%3/27/20243/28/20244/30/2024
3/14/2024
UDR, Inc. stock logo
UDR
UDR
quarterly$0.42504.64%4/9/20244/10/20244/30/2024
2/1/2024
Camden Property Trust stock logo
CPT
Camden Property Trust
quarterly$1.034.3%3/27/20243/29/20244/17/2024
2/6/2024
Equity LifeStyle Properties, Inc. stock logo
ELS
Equity LifeStyle Properties
Quarterly$0.47702.87%3/27/20243/28/20244/12/2024
3/7/2024
VICI Properties Inc. stock logo
VICI
VICI Properties
Quarterly$0.41505.7%3/20/20243/21/20244/4/2024
(Data available from 1/1/2013 forward)

Debt

CompanyDebt-to-Equity RatioCurrent RatioQuick Ratio
Boston Properties, Inc. stock logo
BXP
Boston Properties
1.99
5.40
5.40
Camden Property Trust stock logo
CPT
Camden Property Trust
0.74
0.88
0.88
Equity LifeStyle Properties, Inc. stock logo
ELS
Equity LifeStyle Properties
0.35
0.03
0.03
UDR, Inc. stock logo
UDR
UDR
1.47
5.15
5.15
VICI Properties Inc. stock logo
VICI
VICI Properties
0.65
2.97
2.97

Ownership

Institutional Ownership

CompanyInstitutional Ownership
Boston Properties, Inc. stock logo
BXP
Boston Properties
98.72%
Camden Property Trust stock logo
CPT
Camden Property Trust
97.22%
Equity LifeStyle Properties, Inc. stock logo
ELS
Equity LifeStyle Properties
97.21%
UDR, Inc. stock logo
UDR
UDR
97.84%
VICI Properties Inc. stock logo
VICI
VICI Properties
97.71%

Insider Ownership

CompanyInsider Ownership
Boston Properties, Inc. stock logo
BXP
Boston Properties
1.09%
Camden Property Trust stock logo
CPT
Camden Property Trust
1.90%
Equity LifeStyle Properties, Inc. stock logo
ELS
Equity LifeStyle Properties
1.40%
UDR, Inc. stock logo
UDR
UDR
3.73%
VICI Properties Inc. stock logo
VICI
VICI Properties
0.25%

Miscellaneous

CompanyEmployeesShares OutstandingFree FloatOptionable
Boston Properties, Inc. stock logo
BXP
Boston Properties
836157.05 million155.30 millionOptionable
Camden Property Trust stock logo
CPT
Camden Property Trust
1,640108.85 million106.78 millionOptionable
Equity LifeStyle Properties, Inc. stock logo
ELS
Equity LifeStyle Properties
4,000186.49 million183.88 millionOptionable
UDR, Inc. stock logo
UDR
UDR
1,410329.33 million317.05 millionOptionable
VICI Properties Inc. stock logo
VICI
VICI Properties
281.04 billion1.04 billionOptionable

VICI, UDR, ELS, BXP, and CPT Headlines

SourceHeadline
VICI Properties Inc. (NYSE:VICI) Shares Bought by Daiwa Securities Group Inc.VICI Properties Inc. (NYSE:VICI) Shares Bought by Daiwa Securities Group Inc.
marketbeat.com - April 17 at 6:35 PM
VICI Properties: Now Is The Time To Buy This 6%-Yielding REITVICI Properties: Now Is The Time To Buy This 6%-Yielding REIT
seekingalpha.com - April 17 at 10:24 AM
Sumitomo Mitsui Trust Holdings Inc. Increases Holdings in VICI Properties Inc. (NYSE:VICI)Sumitomo Mitsui Trust Holdings Inc. Increases Holdings in VICI Properties Inc. (NYSE:VICI)
marketbeat.com - April 16 at 7:14 AM
Strs Ohio Acquires 1,106,488 Shares of VICI Properties Inc. (NYSE:VICI)Strs Ohio Acquires 1,106,488 Shares of VICI Properties Inc. (NYSE:VICI)
marketbeat.com - April 14 at 6:46 PM
Lecap Asset Management Ltd. Takes $1.53 Million Position in VICI Properties Inc. (NYSE:VICI)Lecap Asset Management Ltd. Takes $1.53 Million Position in VICI Properties Inc. (NYSE:VICI)
marketbeat.com - April 13 at 8:08 PM
One of the biggest bets on the Las Vegas Strip is not a casino stockOne of the biggest bets on the Las Vegas Strip is not a casino stock
msn.com - April 13 at 9:43 AM
VICI Properties Inc. (VICI) Stock Moves -0.92%: What You Should KnowVICI Properties Inc. (VICI) Stock Moves -0.92%: What You Should Know
finance.yahoo.com - April 13 at 12:11 AM
VICI Properties Inc. (VICI) Rises But Trails Market: What Investors Should KnowVICI Properties Inc. (VICI) Rises But Trails Market: What Investors Should Know
zacks.com - April 11 at 7:21 PM
VICI Properties: Strong Growth Necessitates A Bullish OutlookVICI Properties: Strong Growth Necessitates A Bullish Outlook
seekingalpha.com - April 11 at 10:29 AM
Allspring Global Investments Holdings LLC Sells 347,874 Shares of VICI Properties Inc. (NYSE:VICI)Allspring Global Investments Holdings LLC Sells 347,874 Shares of VICI Properties Inc. (NYSE:VICI)
marketbeat.com - April 11 at 6:58 AM
Why Real Estate Stocks Were Hurting TodayWhy Real Estate Stocks Were Hurting Today
fool.com - April 10 at 5:56 PM
Sequoia Financial Advisors LLC Trims Stock Holdings in VICI Properties Inc. (NYSE:VICI)Sequoia Financial Advisors LLC Trims Stock Holdings in VICI Properties Inc. (NYSE:VICI)
marketbeat.com - April 9 at 12:51 PM
VICI Properties (VICI) Receives a Buy from KeyBancVICI Properties (VICI) Receives a Buy from KeyBanc
markets.businessinsider.com - April 8 at 9:49 AM
Zacks Market Edge Highlights: VICI Properties, KeyCorp, Meta Platforms, ExxonMobil and Eli LillyZacks Market Edge Highlights: VICI Properties, KeyCorp, Meta Platforms, ExxonMobil and Eli Lilly
finance.yahoo.com - April 8 at 9:49 AM
Critical Comparison: VICI Properties (NYSE:VICI) & W. P. Carey (NYSE:WPC)Critical Comparison: VICI Properties (NYSE:VICI) & W. P. Carey (NYSE:WPC)
americanbankingnews.com - April 8 at 2:22 AM
Oklahoma wildfires: State requests FEMA help with firefighting costs in western OklahomaOklahoma wildfires: State requests FEMA help with firefighting costs in western Oklahoma
msn.com - April 7 at 7:31 PM
3 Top Dividend Stocks to Buy in April 20243 Top Dividend Stocks to Buy in April 2024
fool.com - April 6 at 10:00 AM
VICI Properties Inc. (VICI) Rises But Trails Market: What Investors Should KnowVICI Properties Inc. (VICI) Rises But Trails Market: What Investors Should Know
zacks.com - April 5 at 7:21 PM
Asset Management One Co. Ltd. Increases Stake in VICI Properties Inc. (NYSE:VICI)Asset Management One Co. Ltd. Increases Stake in VICI Properties Inc. (NYSE:VICI)
marketbeat.com - April 4 at 9:40 PM
VICI Quantitative Stock Analysis - Peter LynchVICI Quantitative Stock Analysis - Peter Lynch
nasdaq.com - April 4 at 3:55 PM
VICI Properties Inc. Announces Release Date for First Quarter 2024 ResultsVICI Properties Inc. Announces Release Date for First Quarter 2024 Results
businesswire.com - April 4 at 8:00 AM
VICI Properties Inc. (NYSE:VICI) Given Average Recommendation of "Moderate Buy" by BrokeragesVICI Properties Inc. (NYSE:VICI) Given Average Recommendation of "Moderate Buy" by Brokerages
marketbeat.com - April 4 at 2:31 AM
3 Ultra-High-Yield Dividend Stocks Im Planning to Buy in April3 Ultra-High-Yield Dividend Stocks I'm Planning to Buy in April
fool.com - April 3 at 4:06 AM
VICI Properties: This 6% Passive Income Play Is A No-BrainerVICI Properties: This 6% Passive Income Play Is A No-Brainer
seekingalpha.com - April 2 at 10:18 PM

New MarketBeat Followers Over Time

Media Sentiment Over Time

Top Headlines

All Headlines

Company Descriptions

Boston Properties logo

Boston Properties

NYSE:BXP
Boston Properties, Inc. (NYSE: BXP) (BXP or the Company) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 50 years. BXP is a fully integrated real estate company, organized as a real estate investment trust (REIT). Including properties owned by joint ventures, BXP's portfolio totals 53.3 million square feet and 188 properties, including 10 properties under construction/redevelopment. BXP's properties include 167 office properties, 14 retail properties (including two retail properties under construction/redevelopment), six residential properties (including one residential property under construction) and one hotel. BXP is well-known for its inhouse building management expertise and responsiveness to clients' needs. BXP holds a superior track record of developing premium Central Business District (CBD) office buildings, successful mixed-use complexes, suburban office centers and build-to-suit projects for a diverse array of creditworthy clients. BXP actively works to promote its growth and operations in a sustainable and responsible manner. BXP has earned a twelfth consecutive GRESB Green Star recognition and the highest GRESB 5-star Rating. BXP, an S&P 500 company, was founded in 1970 by Mortimer B. Zuckerman and Edward H. Linde and became a public company in 1997.
Camden Property Trust logo

Camden Property Trust

NYSE:CPT
Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,634 apartment homes across the United States. Upon completion of 4 properties currently under development, the Company's portfolio will increase to 59,800 apartment homes in 176 properties. Camden has been recognized as one of the 100 Best Companies to Work For by FORTUNE magazine for 16 consecutive years, most recently ranking #33.
Equity LifeStyle Properties logo

Equity LifeStyle Properties

NYSE:ELS
We are a self-administered, self-managed real estate investment trust (REIT) with headquarters in Chicago. As of January 29, 2024, we own or have an interest in 451 properties in 35 states and British Columbia consisting of 172,465 sites.
UDR logo

UDR

NYSE:UDR
UDR, Inc. (NYSE: UDR), an S&P 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate communities in targeted U.S. markets. As of December 31, 2023, UDR owned or had an ownership position in 60,336 apartment homes including 359 homes under development. For over 51 years, UDR has delivered long-term value to shareholders, the best standard of service to Residents and the highest quality experience for Associates.
VICI Properties logo

VICI Properties

NYSE:VICI
VICI Properties Inc. is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip. VICI Properties owns 93 experiential assets across a geographically diverse portfolio consisting of 54 gaming properties and 39 other experiential properties across the United States and Canada. The portfolio is comprised of approximately 127 million square feet and features approximately 60,300 hotel rooms and over 500 restaurants, bars, nightclubs and sportsbooks. Its properties are occupied by industry-leading gaming, leisure and hospitality operators under long-term, triple-net lease agreements. VICI Properties has a growing array of real estate and financing partnerships with leading operators in other experiential sectors, including Bowlero, Cabot, Canyon Ranch, Chelsea Piers, Great Wolf Resorts, Homefield, and Kalahari Resorts. VICI Properties also owns four championship golf courses and 33 acres of undeveloped and underdeveloped land adjacent to the Las Vegas Strip. VICI Properties' goal is to create the highest quality and most productive experiential real estate portfolio through a strategy of partnering with the highest quality experiential place makers and operators.