Öffentlich » Missouri-based EPR Properties will retain the rest

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. Cheap Nike Air Max .Under the deal, New York hedge fund manager Och-Ziff will 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 will retain the rest of CNLs holdings, including Northstar California ski resort and 15 waterparks and amusement parks.CNL will receive about $830 million in cash and stock under the purchase and sale agreement. When the deal closes, it will be the largest ski resort transaction in the history of the sport.Skiers wont see a big impact. Long-term leases will remain in place, so mountain operators will remain unchanged after the properties change hands.CNL and EPR are real estate investment trusts, which are investment vehicles for a variety of properties including hotels, office buildings and malls. They own the property and make money through leases with other companies that manage and operate them.CNL Lifestyle Properties was valued at as much as $3 billion in 2012 with ownership of more than 100 water parks, ski resorts, marinas and senior housing developments. As part of its anticipated exit strategy, CNL has been selling off assets in the real estate investment trust.Under the deal, an Och-Ziff subsidiary will assume ownership of its share through cash and a $244 million loan.Steve Kircher, an executive from Michigan-based Boyne Resorts, which has leases to operate seven of the ski resorts, said its his understanding that Och-Ziff was brought into the transaction to diversify EPRs exposure to ski holdings.Other ski resorts are Cypress Mountain in British Columbia; Jiminy Peak in Massachusetts; Loon Mountain and Mount Sunapee in New Hampshire; Okemo Mountain in Vermont; Mountain High in California; and Summit-at-Snoqualmie and Stevens Pass in Washington state along with Gatlinburg Sky Lift in Tennessee.Kircher said skiers shouldnt be alarmed. Current lease holders will continue to operate the resorts as they have in the past, he said.From a skiers perspective, its akin to a home mortgage being sold between banks, he said.Its not an event from a skiers perspective, he said.---Follow David Sharp on Twitter at https://twitter.com/David-Sharp-AP. His work can be found at http://bigstory.ap.org/content/david-sharp. Nike Air Max Clearance . Now tied for second in the league in shootout goals, the 24-year-old likes to see what the opposing goaltender has in store before he ultimately lands on a move. Fake Nike Air Max Shoes . -- Ryan Getzlaf grabbed the three pucks wrapped in tape and held them up to his chest in the Anaheim Ducks dressing room for a celebration nine seasons in the making. https://www.fakeairmaxwholesale.com/ . Down by seven with 90 seconds left in regulation, thats where they looked comfortable. LOGAN, Utah -- Teriyon Gipson ran for two touchdowns, and Jason Sanders kicked a 40-yard field goal with 1:06 remaining to give New Mexico a 24-21 victory over Utah State on Saturday night.Utah State (3-7, 1-6 Mountain West) led 21-6 early in the third quarter. Gipson scored twice from inside the 5 in the third quarter to tie it 21-all.The Aggies had first-and-goal at the New Mexico (7-3, 5-1 Mountain West) 9 with 8:46 left. Gerold Bright ran 7 yards on first down. Tonny Lindsey, whoo had two touchdown runs, ran three more times and didnt score. Nike Air Max Discount. n the ensuing series, the Lobos drove 76 yards in 11 plays to set up Sanders game-winning kick. Sanders also kicked 36- and 37-yard field goals in the second quarter.Kent Myers was 21 of 27 for 263 yards passing, and threw a 22-yard touchdown pass to RonQuavion Tarver for the Aggies. ' ' '