CNL Lifestyle Properties, Inc. is a real estate investment trust (REIT) that invests in income-producing properties with a focus on lifestyle-related industries. Its portfolio includes ski and mountain lifestyle, golf, attraction, senior housing, marina and additional lifestyle properties.
The company acquires properties and leases them on a long-term, triple-net lease basis or engages qualified third-party managers to operate properties on its behalf. CNL Lifestyle Properties invests in properties with the potential for long-term revenue generation and appreciation based on demographic trends, associated concentrations of wealth, and other proprietary underwriting models.
CNL Lifestyle Properties has built a unique portfolio of diversified properties, many of which are long-established and represent parts of the American lifestyle. The Company completed its third and final public offering on April 9, 2011.
Book value is the most recently published total shareholders' equity divided by shares outstanding.
Historic dividend is the recent amount paid by a non-traded public REIT to its shareholders. Dividends are typically distributed quarterly and are subject to adjustment at each distribution period.
FFO is a financial calculcation that is widely recognized in the REIT industry as a measure of operating performance, or cash flow. FFO is defined by the National Association of Real Estate Investment Trusts (“NAREIT”) as net income (loss) computed in accordance with GAAP, excluding gains or losses from sales of property, plus depreciation and amortization on real estate assets, and after adjustments for unconsolidated partnerships and joint ventures. FFO was developed by NAREIT as a measure of performance to recognize that income-producing real estate has historically not depreciated consistent with the basis as determined under GAAP.
|Date Sold||No. of Shares||Price per share|
|Nov 16, 2016||2,590.000||US $1.94|