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Cottonwood Heights Journal

Ski & Snowboard News / Brighton has a new owner

Nov 07, 2016 11:40AM ● By Harriet Wallis
It's just one more ski resort sale. Since 2007 it has been owned by CNL Lifestyle Properties, a Florida-based real estate trust investment firm which owned 15 other ski resorts around the country as well as amusement and water parks and other properties.

Now, along with many of the other CNL-owned resorts, Brighton was bought by Och-Ziff Capital Management Group, an American hedge fund manager.

So what does it mean to skiers and riders? It means nothing.

"We are looking forward to ski season," said Area Manager Randy Doyle. "Skiers and riders won't notice any changes. We're just have a new landlord," he said.

Brighton celebrates its 80th anniversary this year. The resort has always been known as "the place where Salt Lake City residents learn to ski and keep on learning."

There have been other resort sales over the last few years. An investment group bought Powder Mountain. Vail bought Park City Mountain Resort. And last year Deer Valley bought Solitude.