Stevens Pass ski resort sold for $21 million

Stevens Pass ski resort sold for $21 million
SEATTLE (AP) - The Stevens Pass ski resort has been sold for nearly $21 million.

Harbor Properties of Seattle said Friday it has closed the sale to CNL Lifestyle Properties, a real estate investment trust headquartered in Orlando, Fla.

There will be no immediate changes in operations under the new ownership. John Gifford remains as general manager.

The 74-year-old resort operates 10 lifts and 37 runs on National Forest land on the Cascade Crest along Highway 2 at Stevens Pass.