"Camelback was a good investment and profitable holding, but it was not consistent with our core principle of investing in operationally essential properties that are generally smaller and more flexible in terms of potential reuse," said Thomas H. Nolan, Jr., chairman and CEO of Spirit Realty.
The release does not indicate to whom that area was sold. Camelback GM Charles Blier told SAM that it is business as usual at the resort. More to follow.
