Foster’s White Hills Sale Rattles Central Coast Vineyard Market

April 22, 2010

Today’s bargain basement sale of the White Hills Vineyard by the Foster’s Group Ltd., has rattled players in the Central Coast vineyard market and sent them scrambling to figure out what it means for vineyard values. The sale comes as part of the Foster’s Group’s spinoff of “non-strategic” properties as reported by Wine Industry Insight […]

Saint James/Eos: 360 Global/Viansa Redux?

The star-crossed purchase of Eos Estates by The Saint James Company — a self-professed penny stock shell which had no assets before the acquisition — appears uncannily similar to the 360 Global/Viansa debacle, this  according to public records and extensive interviews with attorneys, industry executives as well as financial and securities experts. See related Wine […]

A 10K Peek At EPR’s 2009 Vineyard & Winery Deals

April 1, 2010

Despite a challenging 2009, Entertainment Properties Trust (NYSE: EPR) — a major player in wine-related sales/leasebacks — declared exactly the same Q1 dividend this year as it did in 2009:  $0.65 per common share for shareholders of record on March 31. Preferred stock dividends also equaled 2009’s.  Details here. EPR maintained its shareholder dividends despite […]