A real estate investment trust that’s considering getting out of the snow business could sell more than dozen ski resorts from Maine to California that are worth hundreds of millions of dollars.
CNL Lifestyle Properties owns 16 resorts including Northstar-at-Tahoe and Sierra-at-Tahoe in California, Sunday River and Sugarloaf in Maine, Bretton Woods, Loon Mountain and Mount Sunapee in New Hampshire, Okemo Mountain in Vermont, Crested Butte in Colorado and Brighton in Utah.