$2.7B nontraded REIT plans sale or listing
CNL Lifestyle CEO tells shareholders he's seeking 'attractive' exit for portfolio.
Another large nontraded real estate investment trust that struggled in the aftermath of the real estate downturn, CNL Lifestyle Properties Inc., has signaled it is seeking a potential liquidity event, meaning a sale of the REIT or listing of its shares on a stock exchange.
With $2.7 billion in asse
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