Business Wire·Oct 21, 2026, 7:00 AM ET

VENU Closes $60 Million Sale-Leaseback on Sunset Amphitheater Land at McKinney, Texas

Venu Holding Corporation (NYSE: VENU) closed a $60 million sale-leaseback transaction with STORE Capital for the land beneath its Sunset Amphitheater & adjacent parking garage in McKinney, Texas.
Proceeds from the deal will repay approximately $20 million in bridge financing from Ryan, LLC & fund the completion of construction for the venue.
The 20,000-capacity Sunset Amphitheater at McKinney is expected to open in the first quarter of 2027.
VENU Founder, CEO, & Chairman J.W. Roth stated the capital allows the company to retire bridge financing & continue its national growth plan using non-dilutive funding strategies.
STORE Capital President & CEO Mary Fedewa highlighted the partnership as a support for VENU's growth in one of the country's fastest-growing markets.
VENU currently operates venues in Colorado Springs, Colorado, & Gainesville, Georgia, with additional projects under development in Oklahoma, Texas, & Tennessee.
The company utilizes a financing model combining fractional ownership, public-private partnerships, sale-leasebacks, & C-PACE to drive capital-efficient expansion.
VENU is recognized by major media outlets for its innovative approach & maintains strategic partnerships with entities including AEG Presents, Troy Aikman, Aramark, & Dierks Bentley.