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  1. ACRO Global Tourism Marketer Articles
  2. Sports & Entertainment
  3. New York hedge fund Och-Ziff buys Sunday River and Sugarloaf
New York hedge fund Och-Ziff buys Sunday River and Sugarloaf
By
17 November 2016

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David 17 November 2016

As part of a $700M real-estate deal, Och-Ziff Real Estate - an affiliate of Och-Ziff Capital Management - has bought Maine ski resorts Sunday River and Sugarloaf along with 12 other ski areas and other properties.

Boyne USA Resorts still has a 40-year lease on the Maine resorts, and will continue to manage them.

Och-Ziff's plans for future investment in the resorts are unknown at this time.


David Boggs President/CEO ACRO Global|Publisher Tourism Marketer
David H. Boggs
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