Download CNL LIFESTYLE PROPERTIES, INC. PROPERTY PORTFOLIO†

CNL LIFESTYLE PROPERTIES, INC. PROPERTY PORTFOLIO†
Ski & Mountain
Lifestyle1
23 Properties
61% of Portfolio2
Attractions1
20 Properties
39% of Portfolio2
PROPERTY NAME
LOCATION
Brighton Ski Resort
Crested Butte Mountain Resort
Cypress Mountain
Gatlinburg Sky Lift
Jiminy Peak Mountain Resort
Loon Mountain Resort
Mount Sunapee Mountain Resort
Mountain High Resort
Northstar-at-Tahoe Resort
Okemo Mountain Resort
Sierra-at-Tahoe Resort
Stevens Pass
Sugarloaf Mountain Resort
Summit-at-Snoqualmie Resort
Sunday River Resort
The Village at Northstar
Village of Baytowne Wharf
Village at Blue Mountain
Village at Copper Mountain
Village at Mammoth Mountain
Village at Stratton
Village of Snowshoe Mountain
Whistler Creekside
Brighton, UT
Mt. Crested Butte, CO
West Vancouver, BC, Canada
Gatlinburg, TN
Hancock, MA
Lincoln, NH
Newbury, NH
Wrightwood, CA
Truckee, CA
Ludlow, VT
Twin Bridges, CA
Skykomish, WA
Carrabassett Valley, ME
Snoqualmie Pass, WA
Newry, ME
Lake Tahoe, CA
Destin, FL
Collingwood, ON, Canada
Copper Mountain, CO
Mammoth Lakes, CA
Stratton, VT
Snowshoe, WV
Vancouver, BC, Canada
Adventure Landing
Camelot Park
Darien Lake
Frontier City
Funtasticks Fun Center
Pineville, NC
Bakersfield, CA
Buffalo, NY
Oklahoma City, OK
Tucson, AZ
Garland, TX
The Colony, TX
Hot Springs, AR
North Richland Hills, TX
Myrtle Beach, SC
Santa Monica, CA
Riviera Beach, FL
Concord, CA
Kapolei, HI
Palm Springs, CA
Glendale, AZ
Houston, TX
Oklahoma City, OK
Seattle, WA
South Houston, TX
Magic Springs and Crystal Falls Water and Theme Park
Mountasia Family Fun Center
Myrtle Waves Water Park
Pacific Park
Rapids Water Park
Waterworld
Wet 'n' Wild Hawaii
Wet 'n' Wild Palm Springs
Wet 'n' Wild Phoenix
Wet 'n' Wild Splashtown
White Water Bay
Wild Waves Theme Park
Zuma Fun Center
the CNL Lifestyle Properties portfolio as of 06/30/16.
CNLLifestyleReit.com
Distributed by CNL Securities Corp.
Member FINRA/SIPC.
CNL LIFESTYLE PROPERTIES, INC. PROPERTY PORTFOLIO†
PROPERTY NAME
LOCATION
1
This material does not constitute an offer to sell, nor a solicitation of an offer to buy an interest in the real estate investment trust (REIT) described herein. The
offering was closed to new investors as of April 9, 2011. The company is a real estate investment trust (REIT) that owns a diverse collection of lifestyle and other
income-producing assets. The REIT leases its properties on a long-term, triple-net lease basis or engages qualified third-party managers to operate its properties on
the REIT's behalf. In March 2014, the REIT engaged Jefferies LLC, a leading global investment banking and advisory firm, to assist in actively evaluating various
strategic alternatives to provide liquidity to shareholders. During 2014 and 2015, the REIT sold 105 properties including an interest in one unconsolidated joint
venture, 48 golf properties, 38 senior housing properties, 12 marina properties, a multifamily development property, four attractions properties, one ski and
mountain lifestyle property, and the 81.98 percent interest in the Dallas Market Center. During the six months ended June 30, 2016, the REIT sold the five remaining
marinas properties and an unimproved land parcel, and acquired the remaining 20 percent interest in the Intrawest Venture from the co-venture partner. As of June
30, 2016, contracts were in place to sell one attractions property and seven ski and mountain lifestyle properties. There is no assurance the sales will be finalized.
2
By initial purchase price.
An investment in the REIT is subject to significant risks, including, but are not limited to, government regulation, economic, strategic, political and social conditions,
and the following: illiquidity of the investment, risks associated with the REIT’s inability to identify a liquidity event or events, or other strategic alternatives or, even
if identified, the REIT’s inability to complete any such transaction or transactions on favorable terms or at all, and liquidation at less than the subscription price of the
stock; risks associated with the REIT’s investment strategy; history of losses; no guarantee of distributions; reliance on the REIT’s advisor and its affiliates, conflicts of
interest, and the payment of substantial fees to the advisor and its affiliates; a worsening economic environment in the U.S. or globally, including financial market
fluctuations; risks associated with real estate markets, including declining real estate values; the use of debt to finance the REIT’s business activities, including
refinancing and interest rate risk and the REIT’s failure to comply with debt covenants; the REIT’s inability to make necessary improvements to properties on a timely
or cost-efficient basis; competition for properties and/or tenants; defaults on or non-renewal of leases by tenants; failure to lease properties on favorable terms or at
all; the impact of current and future environmental, zoning and other governmental regulations affecting the REIT’s properties; the impact of changes in accounting
rules; the impact of regulations requiring periodic valuation of the REIT on a per share basis; inaccuracies of the REIT’s accounting estimates; unknown liabilities of
acquired properties or liabilities caused by property managers or operators; material adverse actions or omissions by any joint venture partners; increases in operating
costs and other expenses; uninsured losses or losses in excess of the REIT’s insurance coverage; the impact of outstanding and/or potential litigation; risks associated
with the REIT’s tax structuring; failure to maintain REIT qualification; and the REIT’s inability to protect its intellectual property and the value of its brand.
© 2016 CNL Lifestyle Properties, Inc. All Rights Reserved. CNL® and the Squares Within Squares design trademarks are under license from CNL Intellectual Properties,
Inc. CNL Lifestyle Properties, Inc. is sponsored by CNL Financial Group, Inc. (CNL), and is advised by an affiliate of CNL.
CLP-0916-16568-INV
the CNL Lifestyle Properties portfolio as of 06/30/16.
CNLLifestyleReit.com
Distributed by CNL Securities Corp.
Member FINRA/SIPC.