Florida company selling ski resorts from Maine to California
PORTLAND, Maine — A Florida-based real estate investment trust has reached an agreement to sell more than a dozen major ski resorts and other properties from Maine to California.
Under the deal, New York hedge fund manager Och-Ziff would assume ownership of 14 properties currently held by CNL Lifestyle Properties, including Sunday River and Sugarloaf in Maine, Crested Butte in Colorado, Brighton in Utah and Sierra-at-Tahoe in California.
Missouri-based EPR Properties would retain the rest of CNL’s holdings, including Northstar California ski resort and 15 waterparks and amusement parks.