A Leader in Alternative Investment Solutions
CNL Financial Group (CNL) offers 50 years of experience in sponsoring alternative investments, which includes being one of the original players in the non-traded real estate investment trust (REIT) industry, and now the first to provide CNL Long-term Private Capital®. Not only have CNL and its affiliates formed or acquired companies with $34 billion in assets1, but we are also one of the first to bring true innovation to the world of alternative investments for individual investors.
Browse the timeline below to view some of our industry-advancing firsts. To view a complete timeline of CNL's history, please visit CNL.com.
CNL is founded by James M. Seneff, Jr.
Company founder James M. Seneff, Jr., follows in the footsteps of his entrepreneurial father, borrowing $5,000 to begin a company that "would remain strong for 100 years and beyond." By the end of 1973, Jim had $500,000 in real estate assets under management.
First public investment offering CNL Income Fund Ltd.
CNL Securities distributes its first public investment offering, CNL Income Fund Ltd., a $15 million all-cash, triple-net leased restaurant real estate offering.
CNL's Lifestyle REIT
CNL launches CNL Lifestyle Properties, Inc. an unlisted, non-traded public REIT that acquired a variety of income producing properties with a focus on lifestyle-related industries. The CNL Lifestyle Properties' portfolio included skiing and mountain lifestyle, golf, attractions, senior housing, marinas and more.
Marriott Brighton Gardens, Prospect Heights Retirement Homes
Successfully liquidated three non-traded REITs
CNL takes CNL Retirement Properties, Inc., CNL Hotels & Resorts, Inc. and CNL Restaurant Properties, Inc. through successful liquidity events while overseeing the sale of $15 billion in assets and returning capital to investors.
Woodfield Long Point, Multifamily Residential Development
CNL expands non-traded REITs
CNL expands the non-traded REIT universe to include growth and income funds: CNL Growth Properties, Inc., and Global Income Trust, Inc. Rather than a traditional distribution, CNL Growth Properties offered a stock distribution – the first of its kind in the non-traded REIT space. This strategy allowed the REIT to retain cash for investment opportunities in growth-oriented markets such as multifamily housing. Global Income Trust offered investors access to income-oriented real estate properties and other real estate-related assets in the United States and Germany.
CNL's First Business Development Company
CNL becomes one of the first to make a non-traded business development company (BDC) available to investors by launching Corporate Capital Trust. The investment strategy includes the intention to achieve income by generally focusing on companies that share the characteristics of a medium to large company size, an expanding to mature company life cycle and a debt capital structure.
REIT Lists on NYSE
Chambers Street Properties (CSG) listed its common shares on the New York Stock Exchange.2
Corporate Capital Trust II and CNL Healthcare Properties II Launched
CNL launches a new non-traded business development company and non-traded real estate investment trust.
Corporate Capital Trust3 Lists on NYSE, CNL Growth Properties and CNL Lifestyle Properties Liquidated
CNL lists Corporate Capital Trust on the New York Stock Exchange with ticket symbol CCT and liquidates two portfolios for shareholders.
CNL Strategic Capital Launched and Corporate Capital Trust II4 Transitions off platform
CNL launches the first private capital strategy for individual investors.
CNL Healthcare Properties II Liquidated
CNL liquidated this non-traded REIT portfolio for shareholders.
CNL Sprott Strategic Asset Fund Launched
CNL launches a new alternative investment product that seeks to invest in natural resource assets that align with its income and growth strategy.
CNL Sprott Strategic Asset Fund Liquidates
In October 2022, CNL Sprott Strategic Asset Fund liquidated this private placement offering.
Past performance is not indicative of future results. Prior programs sponsored by CNL have been adversely affected by general economic conditions, capital market trends and other external factors during their respective operating periods. Please read the prospectus or PPM before investing.
1 As of June 30, 2022. Fair market value of consideration received or of stock at the time of listing, as applicable from operations, return of capital and liquidity events.
2 Chamber Street Properties, formerly CB Richard Ellis Realty Trust, was a REIT for which CNL Securities Corp. was the distributor between November 2006 and January 2012. CNL Financial Group owned an interest in its advisor and parent holding company. The CNL entities are no longer affiliated with Chambers Street Properties.
3 Corporate Capital Trust listed on the NYSE on Nov. 14, 2017, upon which, KKR Credit Advisors (US) LLC became the sole advisor. CNL is no longer affiliated with Corporate Capital Trust.
4 Effective April 8, 2018, the advisory agreement between Corporate Capital Trust II and CNL Fund Advisors II was terminated. CNL is no longer affiliated with Corporate Capital Trust II.