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Sale of ski resorts won’t happen by year’s end, trust says

Sale of ski resorts won’t happen by year’s end, trust says

PORTLAND, Maine (AP) — A real estate investment trust that's selling more than a dozen ski resorts from Maine to California won't meet its deadline of completing the transaction by year's end. CNL Lifestyle Properties, which is based in Orlando, Florida, has sold its senior housing portfolio, a dozen marinas, four attractions, and the Mount Washington Hotel and Bretton Woods ski area in New Hampshire.

PORTLAND, Maine (AP) — A real estate investment trust that's selling more than a dozen ski resorts from Maine to California won't meet its deadline of completing the transaction by year's end. CNL Lifestyle Properties, which is based in Orlando, Florida, has sold its senior housing portfolio, a dozen marinas, four attractions, and the Mount Washington Hotel and Bretton Woods ski area in New Hampshire.…