CNL Lifestyle Properties names new acquisitions leader

ORLANDO, Fla. — CNL Lifestyle Properties, Inc. recently promoted Baxter Underwood to the role of senior vice president and chief investment officer. Underwood will lead the company's acquisitions team in identifying new business opportunities, the company said in a release.

CNL Lifestyle Properties is a real estate investment trust that invests in properties including marinas, golf courses, gated attractions and resorts.

Prior to his promotion, Underwood served as vice president of investments, where he oversaw the acquisition and asset management of ski, mountain lifestyle and marina investments.

“I look forward to continuing to seek sound investment opportunities for CNL Lifestyle Properties’ investors,” Underwood said. “I am optimistic about the investment climate in general and, specifically, the opportunities that will be available in the lifestyle sector.

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