Owning America’s Lifestyle®
CNL Lifestyle Properties (the “Company”) is a real estate investment trust (REIT) that invested in income-producing properties with a focus on lifestyle-related industries.The Company completed its third and final public offering of shares to new investors on April 9, 2011.
Agreement to Sell Remaining Properties & Plan of Liquidation & Dissolution
On March 24, 2017, at a special meeting, stockholders of CNL Lifestyle Properties approved by the affirmative vote of a majority of shares, (1) the sale of the 36 remaining real estate properties and related assets in its portfolio to EPR Properties (NYSE: EPR) and Ski Resort Holdings LLC, a Delaware Limited Liability Company owned by funds affiliated with Och-Ziff Real Estate, and (2) the plan of liquidation and dissolution, whereby the company’s assets will be liquidated and the company dissolved after the sale.
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