8/19/2011

CNL Lifestyle Properties is expanding the asset class in which it invests, CEO Byron Carlock told REIT.com recently. Besides its golf courses, ski resorts, country clubs and marinas, it is also investing in senior living properties, which now make up about 14% of CNL's portfolio by asset value. "There's a very valid position in our economy for these types of properties," Carlock said.

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