STORE Capital

Summary

STORE Capital Corporation is an internally managed net-lease real estate investment trust, or REIT, that is the leader in the acquisition, investment and management of Single Tenant Operational Real Estate, which is its target market and the inspiration for its name. STORE Capital is one of the largest and fastest growing net-lease REITs and owns a large, well-diversified portfolio that consists of investments in more than 2,500 property locations across the United States, substantially all of which are profit centers.


History

 

The company was founded in 2011 and is based in Scottsdale, Arizona.Backed by Oaktree Capital Management, the company filed for its initial public offering in August 2014 and went public on the New York Stock Exchange later that year. Its stock was added to the S&P 400 stock market index in 2020.On December 28, 2021, co-founder, executive chairman of the board and former CEO, Christopher Volk, was terminated without cause, receiving cash severance and other benefits in accordance with the terms of his employment agreement. Tawn Kelley, a board member since 2020 and Vice President of Taylor Morrison Home Corporation, was given the chairman position in a non-executive capacity.In September 2022, Singaporean sovereign wealth fund GIC and American private equity firm Oak Street, a division of Blue Owl Capital Inc., agreed to acquire Store Capital in an all-cash deal valued at about US$14 billion.


Mission

The Value of Working with S|T|O|R|E Capital We are customer centric. We focus on providing you with financial solutions designed to raise shareholder value. We are the source. STORE is a principal long-term investor; we are the buyer. We believe in operational flexibility for the customer. We specialize in financial solutions designed to maximize your opportunities. We deliver. STORE Capital is a cash buyer and can close financings to meet even the most aggressive timetables. We provide operational simplicity. One landlord, one call for all your needs. We provide knowledge and expertise. No one has provided more capital for single tenant operational real estate than the management team of STORE.


Key Team

Mr. Tyler S. Maertz (Exec. VP of Acquisitions)

Mr. Alex McElyea (Exec. VP of Data, Analytics & Bus. Strategy)

Mr. Craig A. Barnett (Exec. VP of Underwriting & Portfolio Management)

Ms. Lori Markson (Exec. VP of Portfolio Operations)

Ms. Lisa Mueller (Head of Investor Relations)

Megan McGrath (Investor Relations Exec.)


References
STORE Capital
Leadership team

Ms. Sherry L. Rexroad CFA (Exec. VP, CFO & Treasurer)

Mr. Chad A. Freed (Exec. VP, Gen. Counsel, Chief Compliance Officer & Sec.)

Products/ Services
Financial Services, Real Estate, Retail
Number of Employees
100 - 500
Headquarters
Scottsdale, Arizona, United States
Established
2011
Company Registration
SEC CIK number: 0001538990
Net Income
100M - 500M
Revenue
500M - 1B
Traded as
NYSE:STOR
Social Media
Fri Feb 23 2024
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