CNL FINANCIAL GROUP ANNOUNCES NEW LEADERSHIP STRUCTURE AS IT PREPARES FOR ITS 45TH ANNIVERSARY

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Orlando, Fla., Dec. 07, 2017 (GLOBE NEWSWIRE) — CNL Financial Group has announced that Stephen H. Mauldin and Chirag Bhavsar have been named as co-CEOs of the company. Mauldin will oversee all real estate investments, legal, and other corporate functions. Bhavsar will oversee all of CNL’s private capital investments, financial management and other corporate services. Mauldin and Bhavsar will have joint responsibility for CNL’s sales functions and both will report directly to CNL’s Founder and Executive Chairman, James M. Seneff. Seneff will continue to oversee the company’s long-term strategy and vision as Mauldin and Bhavsar manage the company’s day-to-day operations.

Mauldin joined CNL in 2011 as president and chief operating officer of CNL Lifestyle Properties and CNL Healthcare Properties. Currently, he is group president and executive leader for all CNL real estate focused funds. Mauldin received his MBA from Northwestern University’s Kellogg Graduate School of Management, holds a bachelor’s degree in finance from the University of Tampa and has more than 20 years of real estate investment experience. 

Bhavsar has spent …

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