CNL Lifestyle Properties Inc.
Boyne to Repurchase 6 Ski Resorts
The mountain resort owner and operator will buy six previously owned properties in the U.S. and Canada from an affiliate of Oz Real Estate. Boyne sold the assets more than 10 years ago in sale-leaseback transactions.
Tighter Times
Fundraising among non-traded REITs is at its lowest level in more than 13 years, and it’s likely to drop even lower this year. The expected total of $4.5 billion is potentially the lowest since the $6 billion raised in 2005, according to figures from Summit Investment Research.
CPE’s Top 5 April Articles
Miss out on any CPE stories in April? Here are five of our most popular articles for the month, including an analysis of the industrial sector and news on Brookfield’s $855 million portfolio acquisition.
CNL Lifestyle Liquidates with $830M Final Sale
In the larger of two deals, EPR picked up a collection of 21 properties, the most prominent of which is the 3,000-acre Northstar California Ski Resort.