This has no doubt been under discussion since Och-Ziff bought the CNL portfolio.
Boyne had sold the hard assets to CNL and holds long term {almost 30 years} operating leases. When CNL had to sell, they had to move the entire portfolio. O-Z may do well breaking it up and selling the pieces.
I think this is a positive move. Bet we'll see more action on the O-Z holdings, and perhaps at Boyne.
http://markets.businessinsider.com/...p-of-seven-resorts-and-attractions-1018630117
Apologize if this is posted elsewhere.....
Boyne had sold the hard assets to CNL and holds long term {almost 30 years} operating leases. When CNL had to sell, they had to move the entire portfolio. O-Z may do well breaking it up and selling the pieces.
I think this is a positive move. Bet we'll see more action on the O-Z holdings, and perhaps at Boyne.
http://markets.businessinsider.com/...p-of-seven-resorts-and-attractions-1018630117
Apologize if this is posted elsewhere.....