Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE:LTH) announced that it closed on a sale-leaseback transaction for approximately $40 million in gross proceeds today, Wednesday, May 29, 2024. The transaction involved one property with an institutional real estate investor that owns another Life Time destination. The transaction terms were not disclosed.
Life Time Closes On $40M Sale-Leaseback Transaction, Involved One Property With An Institutional Real Estate Investor That Owns Another Life Time Destination; Transaction Terms Were Not Disclosed
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