Just in from Monroe! – Cold snow must be a hot property! A Florida-based REIT (real estate investment
trust) called “CNL Lifestyles” has just purchased Stevens Pass for $20.5 million right as they are beginning to open for the season! It must be nice to acquire a business just when the cash registers are kicking into full speed. CNL Lifestyle also owns Snoqualmie Pass too and has no plans to make changes in the near future, according to their management. So grab your skis and boots and have a good time! You can read more about it in the Seattle Times Business section.