Today, Essential Properties Realty Trust, Inc. (NYSE: EPRT) (the “Company” or “EPRT”) announced the recent appointments of Kristin M. Walker as Senior Vice President – Real Estate Counsel and Robert W. Salisbury as Senior Vice President – Capital Markets.
Prior to joining EPRT, Ms. Walker most recently practiced as a shareholder with Polsinelli PC, based in their Denver, Colorado office. Ms. Walker has over 17 years of legal experience specializing in commercial real estate transactions, including as lead counsel to national REIT clients in the industrial and retail/net lease markets.
Mr. Salisbury has more than 18 years of experience in the real estate industry, beginning with nearly 5-years in real estate equity research at Citigroup, Bank of America Merrill Lynch and UBS Investment Bank, and thereafter in various securities and private equity platforms focused on global real estate investing. Most recently Mr. Salisbury was with Almanac Realty Investors, which was recently acquired by Neuberger Berman, and prior to that Mr. Salisbury was with Citadel Investment Group and V3 Capital Management.
Pete Mavoides, the Company’s President and Chief Executive Officer, said, “For more than 6-years, Kristin has provided EPRT with excellent representation in our investment transactions, so we’re thrilled to have her join our team and bring her extensive experience in-house to lead our closing efforts and handle our other legal real estate matters.”
Mark Patten, the Company’s Executive Vice President and Chief Financial Officer, said, “Rob’s significant real estate experience, both equity research analysis and investing in real estate as a part of various investment platforms, will be a welcome addition to our capital markets capabilities.”
About Essential Properties Realty Trust, Inc.
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.
Essential Properties Realty Trust, Inc.
Mark E. Patten, Executive Vice President and Chief Financial Officer