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CNL Asset Management

Valencia Country Club Sold As Part Of $320M, 48-Property Deal

The Valencia Country Club is being sold as part of a $320 million, 48-property deal between the Santa Clarita Valley facility’s owner, CNL Lifestyle Properties, with CF Arcis X LLC, a Delaware-based corporation. CNL Lifestyle Properties, owner of the Valencia Country Club, is planning to sell all 48 properties in the company’s portfolio of golf assets, according to records available online. All official inquiries were referred to an SEC filing, because the deal has not been finalized -- but both sides have agreed to terms, said Gary Rosmarin, vice president of asset management for CNL Financial Group, which owns the Santa Clarita Valley country club.

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