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Yard sale

4 November 2016 By Kevin Allison

The hedge fund’s property arm and EPR are paying a Florida REIT $830 mln for 15 ski resorts. The deal has plenty of twists and turns, like EPR giving Och-Ziff a mortgage to fund part of the transaction. Long-term leases, though, mean the new owners can do little but groom the slopes.

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