CNL Financial Group
Executive Chairman) | |
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| Website | https://www.cnl.com/ |
CNL Financial Group (CNL), formerly Commercial Net Lease, is an Orlando, Florida based private investment management and commercial real estate company. It was started in 1973 by James Seneff.[1] The company has been a major player in efforts to redevelop Orlando's downtown. The original CNA tower (the Citrus Center) was downtown Orlando's first modern skyscraper when it was completed in 1971. A new CNL Tower was constructed on the east side of Orange Avenue.[2]
The company invests in and manages commercial real estate, runs
In 2003, a division of the company bought five hotels with
CNL founder James Seneff purchased a controlling stake in Alliance Bankshares, taking over the company and renaming it CNLBank. The bank was headquartered in the
In 2011, CNL launched CNL Properties Trust.[10] Also in 2011, CNL joined with Kohlberg Kravis Roberts to form an investment company for private corporate debt.[11] Recently CNL sold the Mount Washington Hotel to Omni Mount Washington LLC in December 2015.
CNL donated $10 million to help build the Dr. Phillips Center for the Performing Arts.[12]
See also
- National Retail Properties
References
- ^ a b c Mike Boslet The Long View July 2013 Florida Trend pages 58-62
- ^ CNL HAS MAJOR TENANT FOR 2ND DOWNTOWN TOWER Orlando Sentinel - Apr 6, 2004
- ^ "CNL Financial Group - Google Search".
- ^ CNL contracts to buy Mt. Vernon Inn Real estate July 7, 2013 By Mary Shanklin, Orlando Sentinel
- ^ CNL founder to get Horatio Alger award - Orlando Sentinel Orlando Sentinel - Apr 8, 2010
- ^ "Company Briefs". Nytimes.com. 2003-02-22. Retrieved 2014-01-05.
- ^ Morgan Stanley unit, Ashford to buy CNL hotels
- ^ CNL Lifestyle Sells Ski Resorts, Recreation Assets for $830M
- ^ "CNLBank acquired by Valley National". Orlando Business Journal. Retrieved 2017-12-06.
- ^ [1] CNL launches new REIT - Orlando Business Journal Bizjournals.com - Jun 28, 2011
- ^ CNL, Kohlberg Kravis Roberts to invest in debt of privately held companies Apr 4, 2011 |By Richard Burnett, Orlando Sentinel
- ^ "CNL Financial Group".