{"id":3331,"date":"2015-12-11T15:19:32","date_gmt":"2015-12-11T15:19:32","guid":{"rendered":"https:\/\/qa.bluevaultpartners.com\/?post_type=news&p=3331"},"modified":"2015-12-11T15:19:32","modified_gmt":"2015-12-11T15:19:32","slug":"cnl-lifestyle-properties-declares-1-30-special-distribution","status":"publish","type":"post","link":"https:\/\/qa.bluevaultpartners.com\/cnl-lifestyle-properties-declares-1-30-special-distribution\/","title":{"rendered":"CNL Lifestyle Properties Declares $1.30 Special Distribution"},"content":{"rendered":"
Dec 10 2015<\/div>\n
\n

CNL Lifestyle Properties Inc., a public registered non-traded real estate investment trust, authorized a $422.7 million, or $1.30 per share, special cash distribution. The distribution is payable to the company\u2019s stockholders of as of the close of business on December 4th, and will be paid on or around December 10th.<\/p>\n

According to a filing with the Securities and Exchange Commission, the special distribution will be funded from the net proceeds of earlier property dispositions and other recently sold assets.<\/p>\n

A significant portion of the net sales proceeds from the year\u2019s asset sales was used to retire more than $681 million in debt, including its corporate senior unsecured notes. As a result of debt repayments, the company\u2019s current leverage ratio, or total debt to total assets, was 11.6 percent, as of September 30, 2015.<\/p>\n

Full Article Here<\/a><\/p>\n<\/div>\n

<\/div>","protected":false},"excerpt":{"rendered":"

Dec 10 2015 CNL Lifestyle Properties Inc., a public registered non-traded real estate investment trust, authorized a $422.7 million, or $1.30 per share, special cash distribution. The distribution is payable … <\/p>\n

Read more<\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3010],"tags":[],"class_list":["post-3331","post","type-post","status-publish","format-standard","hentry","category-asset-manager-news"],"acf":[],"yoast_head":"\nCNL Lifestyle Properties Declares $1.30 Special Distribution - Blue Vault<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/qa.bluevaultpartners.com\/cnl-lifestyle-properties-declares-1-30-special-distribution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CNL Lifestyle Properties Declares $1.30 Special Distribution - Blue Vault\" \/>\n<meta property=\"og:description\" content=\"Dec 10 2015 CNL Lifestyle Properties Inc., a public registered non-traded real estate investment trust, authorized a $422.7 million, or $1.30 per share, special cash distribution. 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