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. D Onta Foreman Jersey .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. Zach Cunningham Jersey . -- Arizona knocked off some quality opponents, rolled over a few overmatched ones and grinded out victories even when things didnt go so well. Julién Davenport Womens Jersey .4 million title. Ryan Riess emerged with the title after a session in which he started behind, but used expert skill to gather the chips to his side amid the unpredictability of no-limit Texas Hold em. Riess put his final opponent Jay Farber all-in with an Ace-King.http://www.footballtexansgearsshop.com/Black-Julien-Davenport-Texans-Jersey.html?cat=952 . -- The Magic have their first victory of the new year. ATLANTA -- The Atlanta Braves have dismissed pitching coach Roger McDowell.The team announced Friday it had declined the 2017 option on McDowells contract, ending his stay with the organization after 11 seasons.The Braves have not made a decision on who will manage the team next season or the status of the remaining coaches on staff. Team president John Hart said this week that the coaching staff wont be determined until a manager is hired, but team decided to go ahead and cut ties with the 55-year-old McDowell.Atlanta ranked no lower than fourth in the NL in ERA during seven of McDowells seasons, and led the league in 2013. But after deciding to rebuild, the Braves ranked 13th in 2015 and 11th this past season with a 4.51 ERA.McDowell, who pitched in the big leagues for a dozen seasons, most notably with the New York Mets, joined the Braves in 2006 after Leo Mazzone left to becoome pitching coach of the Baltimore Orioles. D Onta Foreman Youth Jersey. McDowell remained on staff after manager Bobby Cox retired in 2010 and was replaced by Fredi Gonzalez.Roger is a terrific coach and an even better person, general manager John Coppolella said. We wish him and his family nothing but the best in the future.Gonzalez was fired early this season, with Brian Snitker taking over as the interim manager. The Braves finished strongly, winning 50 of their last 97 games, but still finished last in the NL East. The starting pitching was a major issue and failed to produce anyone with double-figure wins.Snitker is one of the candidates for the managing job, and the team also planned to interview former big league managers Bud Black and Ron Washington this week. Cheap NFL JerseysCheap NFL Jerseys ChinaCheap Jerseys From ChinaCheap NFL Jerseys AuthenticWholesale Jerseys ChinaCheap NFL Jerseys ChinaNFL Cheap Jerseys' ' '
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